Posted: 2:24 PM Treasury Secretary Timothy Geithner says the government should not impose caps on executive pay in the financial sector. However, he said Monday government can set compensation standards to curb excessive risk-taking by financial institutions.
Posted: 12:09 PM A surprisingly strong profit report from home improvement chain Lowe's is giving investors a reason to put money back into stocks.
Posted: 11:22 AM Chrysler LLC has expanded early retirement and buyout offers at six of the eight factories it plans to close as part of its bankruptcy restructuring.
Posted: 11:15 AM General Motors and the United Auto Workers are fighting over plans to close 16 U.S. factories and import vehicles from other countries as a June 1 deadline for a concession deal draws near.
Posted: 11:13 AM Wall Street is higher in early trading as investors look for bargains after last week's pullback.
Posted: 10:10 AM A fairly light schedule is ahead this week for new economic data.
Posted: 4:07 PM Investors have pulled more money out of stocks, further chilling Wall Street's spring rally.
Posted: 1:42 PM Federal prosecutors and the FBI have been investigating possible illegal insider trading by two Securities and Exchange Commission enforcement attorneys.
Posted: 1:40 PM Richard Fisher, president of the Federal Reserve Bank of Dallas, says he expects the "pace of decline will moderate" in the current quarter.
Posted: 11:48 AM The Federal Reserve says the nation's industrial production fell in April by the smallest amount in six months, evidence that the pace of the economy's decline is slowing.
Posted: 9:56 AM The Treasury Department has agreed to extend billions in bailout funds to six major life insurers.
Posted: 5:06 PM Dow Chemical Co. says it wants to create a $665 million facility to manufacture advanced batteries in Midland.
Posted: 2:38 PM Ford Motor Co. says shareholders have approved its request to issue more common shares to help pay some of its health care obligations to retired autoworkers.
Updated: 5:54 PM Chrysler announces it plans to eliminate hundreds of it dealers including 14 right here in Kansas....
Posted: 9:43 AM New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people continuing to receive unemployment benefits set a record for the 15th straight week.
Posted: 9:41 AM Wholesale prices have risen more than expected in April as the biggest jump in food costs in more than a year offset a second monthly decline in the price of energy products.
Updated: 10:46 AM Hard-hit retail stocks are drawing investors into the market as some profit reports didn't turn out as bad as feared.
Posted: 10:29 AM The government-installed head of AIG is telling Congress the insurance giant is selling many of its foreign assets to repay U.S. taxpayers, but a key lawmaker questions whether the plan makes sense.
Posted: 9:49 AM The Obama administration says it will use bailout money repaid by large banks to support additional capital infusions for smaller banks.
Posted: 9:46 AM A rebound in consumer demand is a necessary ingredient for ending the recession.
Posted: 1:30 PM Bankers are pushing back against a bill that would prohibit arbitrary credit card rate hikes and make it harder for people under 21 to get a card.
Posted: 12:13 PM Shares of General Motors have tumbled to the lowest since 1933 today. Investors feared dilution of their stock or bankruptcy as the company approaches the June 1 restructuring deadline.
