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Economy

via flickr/Comtesse DeSpair
via flickr/Comtesse DeSpair
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Record Numbers of Churches are Foreclosed

Banks are foreclosing on America's churches in record numbers -- as lenders lose patience with religious groups who defaulted on their mortgages.  The surge in church foreclosures shows many banks are no longer willing to show forbearance with struggling churches.

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via Joe Raedle, Getty Images
via Joe Raedle, Getty Images
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Rage Grows Over Fed Mortgage Bailout Deal

The more we learn about the massive $26 billion foreclosure settlement between the five biggest mortgage lenders and the states' attorneys general, growing numbers of borrowers are realizing that the deal will do little, if anything, to help them out.

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YouTube
YouTube
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‘Homeless Hotspots’ Ignite Heated Debate

The annual SXSW interactive conference in Austin is sometimes plagued with snail-slow internet speeds (when you can connect at all). But this year it’s been a little easier to find a wifi hotspot: just look for a homeless person. Yes, homeless people are now being used as wifi spots.

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castano, Flickr
castano, Flickr
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Could You Live on $2 a Day? Lots of Americans Do – Dollars and Sense

There are a lot of celebrities that won’t get out of bed for less than a quarter of a million dollars, but a lot more Americans are surviving on much, much less.

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via Kevork Djansezian, Getty Images
via Kevork Djansezian, Getty Images
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Obama Approval Rating Sinks as Gas Prices Rise

Disapproval of President Obama’s handling of the economy is heading higher — alongside gasoline prices — as a record number of Americans now give the president “strongly” negative reviews on the 2012 presidential campaign’s most important issue, according to a new Washington Post-ABC News poll.

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Kevork Djansezian, Getty Images
Kevork Djansezian, Getty Images
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15 Clever Ways to Save Money on Gas

Turmoil in the Middle East is nothing new. Gas prices going up is nothing new. What is new is the possibility that we could be looking at prices at the pump lurking in the neighborhood of $5 a gallon by the summer. And that’s painful.

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via Lufkin Industries, by permission
via Lufkin Industries, by permission
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Lufkin Industries Buys British Oil Tech Firm

Lufkin Industries has completed a merger that will make the company an even bigger worldwide player in oil exploration and production.  Lufkin's British subsidiary, Lufkin Industries Holdings UK Limited, has bought Zenith Oilfield Technology Ltd., based in Aberdeen, Scotland.

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via Tim Boyle, Getty Images
via Tim Boyle, Getty Images
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Welcome to the Age of the “Super-Commuter”

Growing numbers of people are traveling really long distances to get to work.  Many even travel hundreds of miles from their homes to their jobs.  They take a combination of cars, planes, trains and buses to get from home to the office, and back.

These people are known as -- what else -- "super-commuters."

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