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Economists Foresee Slow Growth Through 2011
The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to a survey of leading economists.
SEC Accuses Dallas Investors Of Insider Trading
The Securities and Exchange Commission has filed suit in New York against famed Dallas billionaire investors Sam and Charles Wyly, accusing them, their attorney and their stockbroker of insider trading.
Obama: We'll Get Back Money From Auto Bailout
President Barack Obama said the government will recover all the taxpayer money his administration provided to bail out the auto industry last year.
McDonald's Toy Probed After Safety Complaint
Federal consumer safety officials are investigating a complaint that a 4-year-old Connecticut boy nearly strangled himself with a toy from a McDonald's Happy Meal.
Republicans Block Small Business Lending Bill
WASHINGTON - President Barack Obama's election-year jobs agenda suffered a new setback Thursday when Senate Republicans blocked a bill creating a $30 billion government fund to help open up lending for credit-starved small businesses.
Initial Jobless Claims Drop To 457,000
New jobless claims fell last week for the third time in four weeks but remain elevated. The decline is a sign that the economy likely added jobs in July, although not enough to lower the nation's high unemployment rate.
Foreclosure Activity Up In Most Metro Areas
Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows.
Costs For Recall Hit Kellogg In 2Q, Cuts Outlook
A major cereal recall and soft sales dragged Kellogg Co.'s second-quarter net income down 15 percent and led the food maker to cut its full-year outlook Thursday.
Adult Industry Sees IPorn Potential In New Phone
It's a maxim of technology: Invent the newest gadget and the porn industry will find a way to cash in.
Crews Take Step Toward Permanent Well Fix
Crews took another step toward readying the relief well expected to finally kill the Gulf of Mexico oil gusher, removing the plug they had popped in before clearing the area ahead of Tropical Storm Bonnie last week, federal officials said Wednesday.
Unemployment Rises In 75% Of Metro Areas
The unemployment rate in about three-quarters of the nation's largest metro areas rose last month as nearly one million teenagers entered the work force looking for summer jobs.
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