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02-07-2010
General Electric Co. backed away Thursday from comments reportedly made by its CEO critical of President Obama and China. The company said Jeffrey Immelt's remarks to Italian executives in Rome were taken out of context and didn't reflect GE policy.
 02-07-2010
Stocks slipped Thursday, but managed to trim bigger losses, after worse-than-expected readings on manufacturing, housing and the labor market fueled fears that the economy is heading for another recession.
01-07-2010
Douglas Elmendorf, chief budget cruncher for Congress, got to play the role of bad-news bear before the president's bipartisan fiscal commission on Wednesday.
01-07-2010
The new head of the Gulf Coast disaster's claims fund says his first two priorities will be to cut bigger checks and send them out faster to the oil spill's economic victims.
01-07-2010
The House voted 237-192 Wednesday to pass a sweeping package of reforms to the financial regulatory system, moving the bill a step closer to the finish line.
01-07-2010
First-time homebuyers will have until Sept. 30 to close on their purchases and land an $8,000 tax credit under a bill passed by the Senate late Wednesday.
01-07-2010
Stocks finished lower after a late-session retreat, as investors piled out of a downbeat quarter that ended with Wednesday's session.
30-06-2010
Foreclosures accounted for a third of all sales -- and sold at a nearly 30% discount -- during the first three months of 2010. According to a new report from RealtyTrac, the marketer of foreclosed properties, 31% of all sales were foreclosures. And homebuyers purchasing those properties paid a whopping 27% less, on average, compared to sales of non-distressed homes.
30-06-2010
Lawmakers came up with an alternative plan to pay for a Wall Street reform bill, attempting to save the sweeping measure from falling short of the votes necessary to pass in the Senate.
30-06-2010
Stocks tumbled Tuesday, with the Dow falling as much as 326 points and the S&P hitting an 8-month low after a big drop in consumer confidence and signs of a bigger slowdown in the global economy.
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