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New Jobless Claims Dip To Lowest Since January

Posted: 07/09/2009 - The number of newly laid-off workers filing initial claims for jobless benefits last week fell to the lowest level since early January. The decline was due in part to changes in the timing of auto industry layoffs.

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May Wholesale Inventories Fall

Posted: 07/09/2009 - Wholesale inventories fell for a ninth consecutive month in May as businesses struggle to trim stockpiles amid the longest recession since World War II.

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Stocks Mixed In Early Trading

Posted: 07/09/2009 - Stocks are mixed in early trading, with investors reassured by Alcoa Inc.'s earnings and some good news on the labor front.

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Top Media Execs Wonder How Twitter Will Make Money

Posted: 07/08/2009 - Major media executives are impressed with Twitter's growing popularity as a communications tool. They just can't figure out how the online messaging service is going to make money.

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Treasury Set To Unveil Managers For Toxic Asset Plan

Posted: 07/08/2009 - Two industry officials say the Treasury Department will announce the names of up to 10 fund investment firms participating in a government plan to wipe troubled assets from banks' books this week.

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6 Arrested In Wall Street Fraud Case

Posted: 07/08/2009 - Federal authorities say six people have been arrested in a securities fraud investigation involving a Wall Street brokerage firm.

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Money Matters

Updated: 07/08/2009 - There are a lot of people looking for jobs and that means polishing up the old resume. But Liz Ryan of Yahoo! and Hot Jobs warns things have changed over the years.

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IRS Temporarily Suspends Some Small Business Fines

Posted: 07/07/2009 - The IRS says it will temporarily stop collecting penalties from some small businesses that have been hit with big fines for not disclosing the use of questionable tax shelters.

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Discover To Sell $500 Million In Common Stock To Public

Posted: 07/07/2009 - Credit card company Discover says it will sell $500 million worth of common stock in a public offering, and use the proceeds for possible investments or to buy back preferred stock issued to the U.S. Treasury under its bank rescue plan.

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Deere & Co. Prepared To Expand In Russia

Posted: 07/06/2009 - Deere & Co. says it's prepared to significantly expand its farm, forestry and construction operations in Russia "under the right market access conditions."

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Stocks Slide On Conflicting Signs About Economy

Posted: 07/06/2009 - At midday Monday, the Dow Jones industrial average is down 34 at 8,247. The Standard & Poor's 500 index is down 6 at 891. The Nasdaq composite index is off 21 at 1,775.

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