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Ford To Get Loan To Develop Fuel-Efficient Autos

Posted: 4:22 PM The Energy Department is expected to announce that Ford Motor Co. will receive funds from a $25 billion federal loan program to develop fuel-efficient vehicles.

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Markets Weighed Down By World Bank Warning

Posted: 12:19 PM Stock markets around the world have seen losses today after the World Bank warned that the global economic downturn will be worse than previously predicted.

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Treasury: No Decision Yet On Bank Stock Warrants

Updated: 4:30 PM The Treasury Department and the nation's largest banks are still negotiating over what price the government should receive for stock warrants and an announcement has been delayed until next week.

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US, Switzerland Complete Tax Negotiations

Posted: 10:20 AM The United States and Switzerland have agreed to increase the amount of tax information they share to help crack down on tax evasion.

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Leading Indicators Up More Than Expected

Posted: 2:33 PM A private research group says its forecast of economic activity rose in May, the second straight gain after seven months of declines.

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Stocks Gain On Economic Reports

Updated: 2:33 PM Stocks are mostly higher as investors look over the latest economic reports. So far this week, the Dow industrials have lost about 300 points.

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Sallie Mae Awarded Government Loan-Servicing Contract

Posted: 8:39 AM The Department of Education says Sallie Mae and three other companies were chosen to service parts of its $550 billion in outstanding federal student loans and future loans owned by the government.

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Money Matters

Posted: 1:06 PM What is home owner's insurance and what you should look for when it comes to purchasing a policy for your home and property.

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President Obama Cites Decades Of Mistakes Behind Recession

Posted: 12:01 PM President Barack Obama is offering a broad-scale overhaul of the financial system, saying hard times struck largely because a post-Depression era business regulatory scheme couldn't keep up with an increasingly global economy.

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Romer, Boehner, Debate New Financial Regulations

Posted: 9:32 AM White House adviser Christina Romer says President Barack Obama's proposal to overhaul the financial regulatory system in this country must be accepted because "the status quo is not an option."

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