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Initial Jobless Claims Drop Unexpectedly

Posted: 05/28/2009 - The government says the tally of newly laid-off people seeking jobless benefits fell last week, a sign that companies are cutting fewer workers.

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GM Says Bondholder Offer Fails

Posted: 05/27/2009 - A General Motors bankruptcy filing appears inevitable now that a rebellion by bondholders forced it to withdraw a plan to swap bond debt for company stock.

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Money Matters

Posted: 05/27/2009 - Five steps to improve your credit score if you have had credit problems in the past.

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April Existing Home Sales Rise By 2.9 Percent

Updated: 05/27/2009 - A real estate group says sales of previously occupied homes rose modestly from March to April as buyers swooped in to take advantage of prices that were 15.4% below year-ago levels.

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GM Says Bondholder Offer Fails; Bankruptcy Closer

Posted: 05/27/2009 - General Motors Corp. says not enough of its bondholders agreed to swap their debt for company stock, meaning the troubled automaker is almost certainly headed for bankruptcy protection.

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Consumer Confidence Soars In May

Posted: 05/26/2009 - A private research group says consumer confidence in May soared to the highest level since last September amid tentative signs that the economy is improving.

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FDIC: New Fee System To Replenish Insurance Fund

Posted: 05/22/2009 - Federal regulators are adopting a new system of special fees paid by U.S. financial institutions that will shift more of the burden to bigger banks to help replenish the deposit insurance fund.

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Wichita Unemployment Climbs Above 7%

Posted: 05/22/2009 - The Wichita unemployment rate jumped 0.4 of a percent in April, to go from 6.7 percent in March to 7.1 percent in April.

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Jobless Claims Fall To 631,000

Updated: 05/21/2009 - The government says the number of newly-laid off workers requesting unemployment insurance dropped last week after spiking the previous week due to auto layoffs.

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Chrysler Exec Says Sales OK Despite Bankruptcy

Posted: 05/20/2009 - A top Chrysler executive says the company is selling cars and trucks better than expected this month despite being under bankruptcy court protection.

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Stocks Show Muted Reaction To Fed Outlook

Updated: 05/21/2009 - Stocks are holding on to modest gains after the Federal Reserve said it expects the economy to improve in coming months even as policymakers lower their expectations for all of 2009.

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