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U.S. Bank is the country’s fifth-largest commercial bank, with 3,000 branches in 25 states. It’s also “one of the largest slumlords in the City of Los Angeles,” according to the L.A. city attorney’s office.
In a complaint filed last month, the office accused U.S. Bank of failing to maintain more than 170 foreclosed […]

Minutes released from the Federal Reserve’s latest meeting show the central bank is considering two key measures to boost the U.S. economy.
A third round of large bond purchases known as quantitative easing — or QE3 — is still on the table, as is a plan to lay out more explicit guidelines for […]

Home construction, a key component in any U.S. economic recovery, is picking up.
Building permits rose 6.8% to an annual rate of 812,000 permits in July, the highest rate in four years, according to a Census Bureau report issued Thursday. The number was up 29.5% compared with July 2011.

The number came […]

China’s foreign trade growth slowed sharply in July, raising fears that economic weakness elsewhere in the world could put the brakes on the No. 2 economy.
Friday’s report from China’s General Administration of Customs showed exports up only 1% in the month compared to a year earlier, down significantly from the 11.3% growth rate in […]

This is part 4 of CNNMoney’s series looking inside Microsoft’s research lab.
You can play Angry Birds on your phone, laptop, tablet and TV, but how about your living-room wall?

A startup called Ubi Interactive is developing a technology that utilizes the Microsoft Kinect to allow any screen — or even a projection on a […]

Employers plan to be a little more generous with pay raises next year — especially when it comes to their top performers.
Almost all — or 98% — of the 1,500 mid-sized and large employers surveyed by consulting firm Mercer said they plan to increase salaries in 2013. On average, salaries are expected to […]