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03/11/2010 07:28 AM
Trade deficit shrinks as auto and oil imports drop (AP)

FILE - In this Feb. 24, 2009 file photo, imported cars are seen stored in a lot after being offloaded from a ship at Port Hueneme, Calif. The U.S. trade deficit unexpectedly shrank in January, 2010, reflecting a big drop in imports of oil and foreign cars.  (AP Photo/Reed Saxon, file)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.


03/11/2010 10:15 AM
Toyota troubles put spotlight on US safety agency (AP)

Toyota Prius vehicles are seen for sale Wednesday, March 10, 2010, in Hayward, Calif. The government sent investigators Tuesday to examine a Prius that sped out of control on a California freeway, and Toyota said it wanted to interview the driver as the besieged automaker dealt with a high-profile new headache that raised questions about the safety of its beloved hybrid. A day after state troopers helped the car slow to a stop and its driver to emerge unharmed, Toyota could shed no new light on what might have gone wrong. (AP Photo/Ben Margot)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.


03/11/2010 10:03 AM
Stocks trade flat on concern about China inflation (AP)

In this March 8, 2010 photo, a sign for Wall Street is shown near the New York Stock Exchange. Stock futures fell slightly after the Labor Department said first-time claims for jobless benefits fell slightly less than expected.(AP Photo/Mark Lennihan)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.


03/11/2010 09:23 AM
Mortgage rates remain below 5 percent (AP)

In this Feb. 28, 2010 photo, a realtor's sign proclaims a residential home sale in Sudbury, Mass. Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, March 11, 2010, weeks before a government program that has been keeping rates low is scheduled to expire.(AP Photo/Bill Sikes)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.


03/11/2010 09:34 AM
Stolen Swiss bank data at HSBC hits 24,000 clients (AFP)

The logo of HSBC Private Bank is pictured in Geneva in 2006. A Swiss unit of global banking giant HSBC revealed 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.(AFP/File/Fabrice Coffrini)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.


03/11/2010 09:10 AM
China's February inflation accelerates (AP)

This picture taken Wednesday Feb. 10, 2010 shows a Chinese selects fruits at a department store in Beijing, China.  China's inflation spiked higher in February, adding to pressure on Beijing to prevent overheating and keep the recovery in the world's third-largest economy on track. (AP Photo/Vincent Thian)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.
03/11/2010 08:17 AM
US senator to unveil new financial overhaul plan (AFP)

US Senator Christopher Dodd, seen here in February 2010, 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.(AFP/File/Elmer Martinez)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.
03/11/2010 08:46 AM
Police clash with protesters as Greeks fight cuts (Reuters)

Former employees of privatized Olympic Airways stand behind barricades in front of Greece's General Accountants office in Athens March 10, 2010. REUTERS/Yiorgos KarahalisReuters - 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.


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