AP - The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad.
AP - Toyota's massive recalls are prompting Congress to reconsider whether the nation's auto safety agency has lived up to its mission of protecting motorists.
AP - Stocks traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also held the market back.
AP - Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire.
AFP - A Swiss unit of global banking giant HSBC revealed Thursday that details on 24,000 bank customers may have been leaked in a major security breach that has helped fuel pressure on Switzerland over tax evasion.
AP - China's inflation rose in February amid galloping growth and demand for scarce labor, increasing pressure on Beijing to ease off its stimulus while keeping a recovery going in the world's third-largest economy.
03/09/2010 05:25 PM
SEC chief economist leaving
(AP)
AP - The chief economist of the Securities and Exchange Commission, who is an expert on the financial instruments that figured largely in the 2008 crisis, is leaving his position for the private sector.
AFP - A key US senator said Thursday he would unveil new legislation come Monday to rewrite US financial rules and prevent a repeat of the global economic meltdown of 2008.
03/11/2010 10:44 AM
Jackson Hewitt swings to fiscal 3rd-quarter loss
(AP)
AP - Jackson Hewitt Tax Service Inc. on Thursday said it moved to a quarterly loss, hurt by one-time charges and lower sales, partly due to the problems with a key program ahead of tax season.
Reuters - Police clashed with stone-throwing youths in Athens on Thursday as tens of thousands protested draconian cutbacks aimed at pulling Greece out of a debt crisis shaking the euro zone.