Oil giant BP is in more trouble related to the 2010 Gulf of Mexico disaster, the largest offshore oil spill in U.S. history.

Consumer confidence climbed last week to the second-highest level in a year as an improving job market bolstered Americans views of their financial well-being.

Detroits proposal to exit its record municipal bankruptcy by paying retirees more than bond investors will cause serious mayhem, an attorney for the plans opponents told a judge.