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Nearly 43 million have unpaid medical bills in U.S.

Nearly 43 million have unpaid medical bills in U.S.

Nearly 20 percent of U.S. consumers — 42.9 million people — have unpaid medical debts, according to a new report by the Consumer Financial Protection Bureau. The findings suggest that…

Wealth gap leaves local governments cash strapped

Wealth gap leaves local governments cash strapped

Income inequality is taking a toll on state governments. The widening gap between the wealthiest Americans and everyone else has been matched by a slowdown in state tax revenue, according…

Surge in consumer spending in April

Surge in consumer spending in April

U.S. consumers ramped up their spending in March at the fastest pace in 4½ years, a sign that the economy is gaining momentum after its winter slowdown. The Commerce Department…