US retail spending slows as inflation starts to bite

After beginning the year in a buying mood, Americans slowed their spending in February on gadgets, home furnishings and other discretionary items as higher prices for food, gasoline, and shelter are taking a bigger bite out of their wallet.

Puerto Rico exits bankruptcy after grueling debt negotiation

Puerto Rico’s government formally exited bankruptcy Tuesday, completing the largest public debt restructuring in U.S. history after announcing nearly seven years ago that it was unable to pay its more than $70 billion debt.

Homeowners associations foreclose on at least 60 homes in Denver neighborhood

At least 60 families in one Denver neighborhood are in danger of losing their homes after their HOAs foreclosed on them over unpaid fines. One homeowner said she had no idea about the foreclosure until the new owner knocked on her door, telling her he bought her house. Another woman whose husband recently passed away came home to find a lockbox on her door and a note saying her house was going to be auctioned off.

Florida motorists could get gas tax break in October

House and Senate negotiators agreed Wednesday night to use $200 million in federal stimulus money to give Gov. Ron DeSantis part of his request for a gas-tax break, as they wrapped up more of a budget that will send the annual legislative session into overtime.