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Finance News

Housing recovery gives boost to Home Depot 1Q

Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery. Full Story

Average credit card debt, late payments fall in 1Q

Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt. Full Story

SBA starting new lending program for veterans

The Small Business Administration says it has lined up pledges from more than 120 banks to increase lending to veterans. Full Story