Archive for category Business

AP - American households saw their wealth increase at the end of last year, mainly because the healing economy boosted stock portfolios.

Reuters - The number of U.S. workers filing new claims for unemployment benefits fell only slightly last week, indicating that rapid job growth would probably continue to elude the economy for a while.

AP - House Democratic leaders on Thursday worked to rally their rank-and-file members around last-minute agreements on insurance taxes and prescription drug coverage that could move President Barack Obama's overhaul of the nation's health care system a step closer to reality.

AP - The number of newly laid-off workers requesting unemployment benefits slipped last week, but remains above the level many economists say would signal new hiring.

Reuters - Senator Christopher Dodd said on Thursday that he will present on Monday his own version of a financial reform bill after compromise talks with Senate Republicans broke down.

Reuters - An overwhelming majority of Americans wants Wall Street subjected to tougher regulation in the aftermath of the bank bailout and the bonus scandals that have rocked the U.S. financial sector, according to a Harris poll released on Thursday.