America's credit crunch is easing. For the past six years, consumers and businesses have struggled to borrow money, but slowly, things are getting easier.

What's News: World-Wide Top Stories for May 8, 2013

The Dow Jones Industrial Average closed above 15000 points for the first time, piercing another record threshold as investors' fear of missing out on the rally has replaced potential concerns about the risk of a selloff.

What's News: Business & Finance Top Stories for May 8, 2013

A former economist seeking work in "change management" fielded questions about the obvious connection to Amsterdam's red-light district where prostitutes sit in windows to be ogled by passersby.

Hezbollah fighters joined Syrian government forces in the siege of a rebel-held town inside the war-torn country, local residents said, deepening the Iran-backed group's involvement in Syria's civil war and raising alarm among U.S. officials.

The SEC has put local government officials on notice that it is closely monitoring the way they describe their cities' fiscal health, charging Harrisburg, Pa., with securities fraud for allegedly failing to disclose information on its financial troubles.