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.

Updated: 5:49 PM After its dizzying climb, Wall Street is looking at the economy more skeptically. Stocks retreated more than 2% and bond prices rose after two reports showed that the economy is not bouncing back as quickly as investors hoped.

Updated: 5:42 PM Investors are finding it hard to extend Wall Street's two-month rally.

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.

Posted: 12:11 PM Home prices fell in nearly nine out of every 10 U.S. cities in the first quarter. First-time buyers looking for bargains were dominating the market.

Posted: 11:00 AM Wall Street is rebounding moderately in early trading as investors look for the next catalyst to extend a two-month rally.

Posted: 10:59 AM The U.S. trade deficit rose in March for the first time since last July as the global recession cut sharply into sales of American exports. The politically sensitive deficit with China increased.

Posted: 9:54 AM Federal Reserve Chairman Ben Bernanke says results of the government's unprecedented "stress tests" of the nation's 19 largest banks should bolster Americans' battered confidence in the U.S. banking system.

Posted: 7:10 PM Federal Reserve Chairman Ben Bernanke says results of the government's unprecedented "stress tests" of the nation's 19 largest banks should bolster Americans' battered confidence in the U.S. banking system.

Posted: 12:16 PM KeyCorp has joined several other banks Monday in announcing public stock offerings. It is among 10 major banks ordered by the government to raise more capital as a buffer against future losses.

Updated: 4:36 PM Financial stocks have dragged Wall Street lower as traders worry that last week's rally was overdone.

Updated: 9:03 AM Three banks that have received a clean bill of health from the government are announcing plans to raise capital to repay government funds received last fall.

Updated: 4:06 PM Stocks are ending sharply higher as investors cheer the news they had been hoping for: Job losses slowed in April and big banks don't need as much capital as some had feared.

Updated: 12:00 PM The pace of layoffs slowed in April, with employers cutting 539,000 jobs, the fewest in six months. But the unemployment rate climbed to 8.9 percent as many businesses remained wary of hiring given all the economic and financial uncertainties.

Posted: 10:50 AM Shares of Bank of America are surging, hours ahead of the expected announcement of bank stress test results, and after two analysts upgraded their views on the company.