ARIZONA

Today's adolescents have been characterized as the most materialistic generation in history: a brand-oriented and consumer-involved group who derive self-worth from owning luxury handbags and the latest technology devices.

As U.S. prospects for a national climate change bill fade, five U.S. states and Canadian provinces are on track to start a cap-and-trade market for carbon dioxide in 2012, say officials who see fading federal momentum boosting regional efforts.

The Obama administration has more work to do to help struggling U.S. homeowners, despite signs of a stabilizing housing market, a senior Treasury official said on Monday.

Billionaire hedge fund investor John Paulson and other investors are bidding on land they will sell to lot-strapped homebuilders even as the housing market remains uncertain, according to sources familiar with the matter.

Two men were shot by security offers after they crashed through a gate at the Luke Air Force Base in Litchfield, just outside Phoenix.

After eight years of war in Afghanistan, an initial report about a new push by President Barack Obama to replace the Taliban with a new government within the next 18 months is reassuring, U.S. Senator Carl Levin said on Monday.

President Barack Obama used a campaign push for Senate Majority Leader Harry Reid on Friday to announce a new fund to support homeowners in five states hit hardest by the U.S. housing crisis.

President Barack Obama will use a campaign stop for Senate Majority Leader Harry Reid on Friday to announce a new initiative to help support homeowners in five states hit hardest by the U.S. housing crisis.

Mortgage insurer PMI Group Inc reported a much wider-than-expected quarterly loss, as its U.S. unit continued to post disappointing results, sending its shares down 5 percent before the bell.

Mortgage insurer PMI Group Inc reported a wider quarterly loss, as its U.S. unit continued to post disappointing results.

Surveys indicate that calls to abandon the bills, the product of six months of tough compromise among Obama's ruling Democrats, could boost support for Republicans as they look toward November's congressional elections.

Intel Corp's Israeli subsidiary said on Monday its exports surged 145 percent in 2009 to a record $3.4 billion and the company is hoping growth will continue with further expansion in the country.

Treasury Secretary Timothy Geithner said on Tuesday that there is no perfect way recoup money from the financial bailout.

Intel said new contracts are in place to incorporate approximately 2.5 megawatts worth of new solar power projects as it moves to develop renewable energy sources.

The homebuilding industry's biggest trade show meets this week, but most of its biggest executives will not be there.

U.S. foreclosure actions shattered all records in 2009 and will do so again this year, with unemployment and wage cuts overcoming programs to remedy failing home loans, RealtyTrac said on Thursday.

Shares in First Solar Inc,, one of the early stars of the emerging solar power sector, have had a choppy ride lately, raising a question for investors: Is it a tech play or something more down-to-earth?

The U.S. apartment vacancy rate rose to an almost 30-year high of 8 percent in the fourth quarter, and rents dropped in the biggest one-year slump in 2009, according to real estate research company Reis Inc.

Autism, a brain disorder that interferes with communication and social skills, affected an estimated one in 110 American 8-year-olds in 2006, according to a federal study released Friday.

On a national level, eight out of the top 10 projects in terms of costs recouped were exterior replacement projects that cost less than $14,000. Certain types of door and siding replacements, as well as wood deck additions all returned more than 80 percent of project costs upon resale.

Karen Cordova, a 17-year-old high school student and part-time supermarket cashier, admits she sometimes texts friends while driving home from work late at night, lonely and bored.