Italy, US Crack Down On International Mafia Drug Smuggling Seven people have been arrested by the FBI in the New York City area as part of an international crackdown on mafia drug smuggling, U.S. authorities told CBS News.
Raising Minimum Wage Could Mean Layoffs, Business Owners CautionWhile 13 states, including New York, raised their minimum wage above the federal level Jan. 1, many workers and the White House are pushing for even higher pay.
First Lesson For New College Students: FinancesIf college students are not careful, money mistakes they make now could take years to correct.
U.S. Sues To Block American Airlines, US Airways Merger; 'Harms Consumers'The government's action threatens to quash a deal that would create the world's largest airline by passenger miles.
College Loan Interest Rates Set To Double, Unless Congress Acts QuicklyIt may soon get more expensive to finance your college education. Congress has another battle coming to a head and if lawmakers don't make a deal by Friday, interest rates will jump in millions of student loans.
Survey: Women Are Breadwinners In 40 Percent Of FamiliesA new report found more working mothers than ever are now the primary breadwinners.
Stocks Break 15,000 For First Time After Hiring ClimbsThe Dow Jones industrial average crossed 15,000 for the first time, and the Standard and Poor's 500 index, a broader market measure, rose above 1,600.
Too Much To Digest? FDA Mulls Changes To Sometimes-Confusing Nutrition Labels From misleading serving sizes to confusing calorie counts, many think nutrition labels are due for an update.
Citigroup To Cut More Than 11,000 JobsCitigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's workforce of 262,000.
Hostess Going Out Of Business; Gov. Christie Refuses To Talk About TwinkiesHostess, the maker of Twinkies and Wonder Bread, is going out of business, closing plants, laying off its 18,500 workers and putting its brands up for sale.
Report: Some Dietary Supplements Make Illegal Health ClaimsInspectors for the Department of Health and Human Services analyzed a sample of products, looking specifically at supplements for immune support or weight loss.