JP Morgan CEO Jamie Dimon dubs losses 'egregious,' but market analysts expect that, this time, the damage will not spread to the entire financial system.More >>
JP Morgan CEO Jamie Dimon dubs losses 'egregious,' but market analysts expect that, this time, the damage will not spread to the entire financial system.More >>
The most popular beliefs as to what caused the U.S. mortgage crisis and subsequent economic collapse are wrong, according to a new study by the Boston Fed.More >>
The most popular beliefs as to what caused the U.S. mortgage crisis and subsequent economic collapse are wrong, according to a new study by the Boston Fed.More >>
Occupy Wall Street has big plans for May Day, including marches and strikes, but faces big challenges.More >>
Occupy Wall Street has big plans for May Day, including marches and strikes, but faces big challenges: It is still largely decentralized, and has lost its hold on the support of the public.More >>
Credit cards with gas rewards can be a big help in coping with high gas prices.More >>
Credit cards with gas rewards can be a big help in coping with high gas prices. The most effective credit cards could save you $400 at the pump.More >>
Postal bill averts 3,700 post-office closings for at least two years.More >>
Postal bill averts 3,700 post-office closings for at least two years, but fails to address deeper, structural problems in how the postal service manages a vast operation.More >>
Postal Service closings could mean longer lines and possibly slower delivery.More >>
Postal Service closings could mean longer lines and possibly slower delivery. But the alternative to Postal Service closings would mean using tax money.More >>
Electronics retail giant Best Buy has named the 50 stores it plans to close as it struggles in the face of tough competition from e-commerce giants such as Amazon.More >>
New rules to provide consumers with greater protections in dealing with their mortgage servicers have been put forward by the Consumer Financial Protection Bureau.More >>
Americans foresee, on average, gas prices at $4.75 a gallon within three months. They most blame the oil industry and Wall Street. But they expect politicians to act.More >>
Known as HARP 2.0, the new rules for the government's Home Affordable Refinance Program are designed to make it easier for certain homeowners to refinance their mortgages.More >>
The economic fallout from pink slime is just beginning.More >>
A major beef processor has declared bankruptcy, citing the backlash against 'pink slime.' The economic fallout from pink slime is just beginning.More >>
Harsh questioning from the Supreme Court majority has touched off new political calibrations over Obama's health-care law. In some ways, Democrats could be the winners.More >>
U.S. home prices fell again in January, dropping to their lowest level since the housing crash occurred, according to the Standard & Poor's/Case-Shiller Home Price Indices.More >>
Gas prices jumped 5 cents a gallon last week on average, even as oil prices stabilized a bit. When gas prices reach $4 a gallon, motorists begin to change their habits.More >>
The IRS has expanded its "Fresh Start" initiative to help struggling taxpayers who owe taxes. The following four tips explain the expanded relief for taxpayers.More >>
Some underwater borrowers could see their mortgage balances reduced by an average of $100,000, thanks to an agreement between BofA and government officials.More >>
Only 5 percent of underwater homeowners are likely to qualify for mortgage principal reductions under the recent $25 billion foreclosure abuses settlement.More >>
Canceled debt is normally taxable, but there are exceptions, one of which is available to homeowners whose mortgage debt was partly or entirely forgiven from 2007-2012.More >>
Doing away with the U.S. health care reform act's requirement that all Americans must have health insurance would not dramatically increase the cost of buying policies through new insurance exchanges, but would significantly reduce the number of people who get insurance.More >>
Will you qualify for a piece of the $26 billion settlement to resolve claims against the nation's five largest mortgage lenders? Here are some of the details.More >>
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Tuesday, May 15 2012 6:52 PM EDT2012-05-15 22:52:55 GMT
JEFF DAVIS COUNTY, MS (WDAM) - Maintenance workers discovered a body while work on the highway in Jeff Davis County. Authorities are investigating. More details to come...More >>
Maintenance workers discovered a body while working on a highway in Jeff Davis County.More >>
Wednesday, May 16 2012 12:11 PM EDT2012-05-16 16:11:01 GMT
"I was probably a week shy of a good check when I lost my job," said a man living in one of Hattiesburg's dozen or so homeless tent cities who declined to give his name.More >>
"I was probably a week shy of a good check when I lost my job," said a man living in one of Hattiesburg's dozen or so homeless tent cities who declined to give his name.More >>
Tuesday, May 15 2012 8:25 AM EDT2012-05-15 12:25:02 GMT
(WMC-TV) – The Tate County Sheriff's Office is warning drivers to be cautious while being pulled over. The sheriff's office posted a warning on their Facebook page: "If someone attempts to pull you overMore >>
The Mississippi Highway Patrol is warning drivers to be cautious while being pulled over as they investigate two deadly highway shootings.More >>
Wednesday, May 16 2012 12:11 PM EDT2012-05-16 16:11:41 GMT
WE'RE IN THE CAR WITH CHRIS WILKES, WHO'S THE PRESIDENT OF HATTIESBURG'S HOMELESS SUPPORT CENTER HOPE HOUSE.. WE'RE GOING OUT TO VISIT TENT CITIES, PLACES IN THE WOODS WHERE THOSE WITHOUT HOMES LIVE.ThereMore >>
An exclusive look inside the tent cities that dot Hattiesburg woods.More >>
Wednesday, May 16 2012 7:42 PM EDT2012-05-16 23:42:06 GMT
An Oak Grove elementary school teacher is the lucky winner of a new car as part of a national promotion by Hertz. Gregg Bellipanni was presented with the keys to his new Dodge Challenger Wednesday afternoonMore >>
An Oak Grove elementary school teacher is the lucky winner of a new car as part of a national promotion by Hertz. More >>
Authorities say five people are dead after a shooting in Florida.More >>
Neighbors of a Florida mother who fatally shot her four children before killing herself weren't sure who was injured after hearing gunshots and refused to admit three of the woman's kids who were trying to get in...More >>
Monday, May 14 2012 7:34 PM EDT2012-05-14 23:34:02 GMT
Lamar County Deputies Michael Green and Charles Reid are out nearly every Saturday night. "Well, a lot of times we do traffic stops just to monitor our traffic enforcement here in the county, and asMore >>
Lamar County Deputies Michael Green and Charles Reid are out nearly every Saturday night. More >>
Monday, May 14 2012 4:19 PM EDT2012-05-14 20:19:52 GMT
HATTIESBURG, MS (WDAM) - The doors of the infamous Remington's Hunt Club in Hattiesburg have been padlocked, presumably by its owners. Chains and locks have been placed on the doors of the Hunt Club andMore >>
Chains and locks have been placed on the doors of the Hunt Club and its companion business, Champion Bowling Lanes. A sign on the door says both businesses are closed and employees can pick up their checks at attorney Wayne Hynum's office Tuesday afternoon.More >>
Wednesday, May 16 2012 7:28 PM EDT2012-05-16 23:28:14 GMT
The mother of an 8th grader at Presbyterian Christian School who was killed in a car wreck four years ago was at that school Wednesday presenting an annual award in honor of her daughter. Leslie McGillMore >>
The mother of an 8th grader at Presbyterian Christian School who was killed in a car wreck four years ago was at that school Wednesday presenting an annual award in honor of her daughter. More >>
Tuesday, May 15 2012 6:36 AM EDT2012-05-15 10:36:22 GMT
DETRIOT (WDIV/CNN) - Police in Michigan are investigating the stabbing death of a couple, and family members believe they were killed over a winning lottery ticket. "I just ask that if anybody know anything,More >>
Police in Michigan are investigating the stabbing death of a couple, and family members believe they were killed over a winning lottery ticket.More >>