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May Existing Home Sales Rose By 2.4 Percent

Updated: 06/24/2009 - A real estate group says sales of previously occupied homes rose modestly from April to May, the third monthly increase this year, but signs of any housing recovery are fragile at best.

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Ford To Get Loan To Develop Fuel-Efficient Autos

Posted: 06/22/2009 - 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: 06/22/2009 - 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

Posted: 06/19/2009 - 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: 06/19/2009 - 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: 06/18/2009 - 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: 06/18/2009 - 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: 06/18/2009 - 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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Chrysler To Restart 7 Assembly Plants

Posted: 06/17/2009 - Chrysler Group LLC says it will resume making vehicles at seven of its North American factories starting June 29.

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