Mar 11, 2010 02:35AM

Flunking banks out of college

President Obama is closer to winning a big fight with banks over who gets to dole out cheap student loans backed by the federal government.

Mar 10, 2010 05:03PM

Jobless claims bill OK'd by Senate

The Senate on Wednesday approved a wide-ranging bill that would push back the deadline to file for extended unemployment insurance until year-end and extends dozens of expired tax breaks.

Mar 11, 2010 01:59AM

Foreclosures leveling off

The national foreclosure rate fell 2% in February from a month earlier, according to an industry report released Thursday, the latest sign that the pace of foreclosures is slowing.

Mar 10, 2010 02:19PM

Record monthly deficit for U.S.: $221 billion

The United States dropped a record $220.9 billion further into the red in February, the Treasury Department reported Wednesday.

Mar 10, 2010 11:39AM

State unemployment picture brightens

A total of 30 states and Washington, D.C., reported rising unemployment rates in January, down from the number in the previous month, according to a government report released Wednesday.

Mar 11, 2010 02:03AM

Oil near $82 as traders eye weak US demand (AP)

AP - Oil prices fell to near $82 a barrel Thursday in Asia as traders eyed tepid U.S. crude demand amid an overall economic expansion.

Mar 11, 2010 01:14AM

India aims to be world's fastest growing economy (AP)

AP - Just how fast can India grow? Ask Manal Farooq, who can't make gloves quickly enough.

Mar 10, 2010 11:22PM

Geithner warns EU on hedge fund regulation plan (AFP)

AFP - US Treasury Secretary Timothy Geithner has warned the European Commission its plans to regulate hedge funds and private equity groups could spark a transatlantic row, a paper reported Thursday.

Mar 10, 2010 11:07PM

Japan's 4Q growth weaker than first estimated (AP)

AP - Japan's economic growth was weaker than first estimated in the fourth quarter, underscoring a patchy recovery in the world's No. 2 economy.

Mar 10, 2010 10:14PM

U.S. dollar still rules, but debt level a risk: S&P (Reuters)

Reuters - The U.S. dollar is still the most important world currency, Standard & Poor's said on Thursday, but added that rising levels of U.S. debt and dependence on foreigners to finance much of pose risks to the currency's primacy.