Your customized headlines for Tue, Jul 10, 2012

Barack Obama promised voters four years ago that he would work to slow the outflow of American jobs to other countries, proposing to revamp a federal tax code that encourages companies to maintain overseas operations.

The federal consumer watchdog agency on Monday proposed banning several controversial mortgage fees and unveiled new disclosure forms intended to help borrowers better understand the terms of their home loans.

The overwhelming majority of Americans still make more money than their parents, but upward mobility is elusive for many, particularly for African Americans and those without a college degree, according to a new study released Monday.

The Obama administration has faced a difficult choice: Does it put off the fiscal crisis looming at the end of the year by capitulating to Republican demands to extend all the Bush tax cuts until 2013 — a move that would infuriate the Democratic base and muddle the campaign's message? Or does it stand and fight on fiscal policy, even if that means increasing the chance that markets panic in the most crucial months for the president's reelection bid?

Gene Kimmelman, known as the Justice Department's "secret weapon" on antitrust, is leaving the agency to open the Washington, D.C., office of the human rights organization Global Partners and Associates, current and former federal officials say.

The federal consumer watchdog agency on Monday proposed banning several controversial mortgage fees and unveiled new disclosure forms intended to help borrowers better understand the terms of their home loans.

Barack Obama promised voters four years ago that he would work to slow the outflow of American jobs to other countries, proposing to revamp a federal tax code that encourages companies to maintain overseas operations.