Business

A new study from the Pew Charitable Trusts finds economic mobility differs significantly across the United States. The report finds Americans are more likely to move up the economic ladder if they live in the northeast.

It's been more than six months since government regulators and banks first extended an offer to 4.3 million homeowners facing foreclosure: to review, at no cost, the foreclosure process to check for any possible errors or misrepresentations.

Homeowners stand to collect compensation of as much as $100,000 if errors are found. But thus far, only a tiny percentage of those eligible have signed up.

'Not Enough Folks Have Signed Up'

The planned downsizing of the U.S. Postal Service, which wants to shed thousands of jobs and reduce hours at post offices, struck Baltimore native Eric Easter at his core.

For him, it will mark the end of an era in which a post office job has meant stability and a path to a better life, as it did for him and his six siblings living in public housing in the 1960s.