Economy

Follow PBS NewsHour’s complete coverage of the Economy, Wall Street and other financial stories.

Last month, the foreclosure process was initiated on 98,174 homes -- a 6 percent increase from July 2011. At the same time, overall foreclosure activity in July was down 10 percent from the same month last year, according to reports.

Workers lay a section of gas pipeline outside the town of Waynesburg, PA in April 2012. It is estimated that more than 500 trillion cubic feet of shale gas is contained in this stretch of rock that runs through…