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Unemployment soars in U.S. metropolitan areas

Unemployment rates in 363 U.S. metropolitan areas rose in January, and 346 areas reported year-on-year declines in their number of jobs, the Labor Department said on Friday.

Unemployment soars in metropolitan areas

Unemployment rates in 363 U.S. metropolitan areas rose in January, and 346 areas reported year-on-year declines in their number of jobs, the Labor Department said on Friday.

Tax cuts for wealthy should expire: panel chair

Most House Democrats back President Barack Obama's plan to let tax cuts for the wealthy expire this year, though the proposal will face a battle in the Senate, the acting chief of the tax-writing panel in the House of Representatives said on Tuesday.

Retail sales rise as shoppers fight winter blues

U.S. retail sales rose unexpectedly last month despite heavy snow storms that were thought to have kept shoppers at home and bolstered hopes of a sustainable economic recovery.

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Witness: Battlefield dead haunt U.S. Marines and Afghans alike

Corporal Jacob Turbett gave out a single groan of pain before the Taliban bullet, which had pierced his heart, ended his life.

Stock futures rise ahead of retail sales data

U.S. stock index futures were higher on Friday, a day after the S&P hit a 17-month closing high and ahead of reports that could give clues about the strength of the American consumer.

Stock futures higher ahead of retail sales data

U.S. stock index futures were modestly higher on Friday, a day after the S&P hit a 17-month closing high and ahead of reports that could give clues into the strength of the American consumer.

Stock futures mixed ahead of retail sales data

Stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.4 percent, Dow Jones futures down 0.01 percent and Nasdaq 100 futures up 0.01 percent.

Home loan demand nudges higher in latest week

U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.

Toyota, U.S. officials investigate runaway Prius

U.S. safety regulators and Toyota dispatched teams on Tuesday to inspect a Prius that sped out of control on a California freeway a day earlier, as the automaker struggled to reassure consumers shaken by its recall crisis.

Home loan demand nudge higher in latest week

U.S. mortgage applications nudged up last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.

US home loan demand nudge higher in latest week

U.S. mortgage applications nudged up last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.

Toyota seeks to block executive testimony in suit

Toyota Motor Corp has asked a Michigan appeals court to intervene to keep its top two U.S. executives from being grilled by lawyers for the family of a woman killed while driving a Camry in 2008.

More work ahead on housing market: Treasury

The Obama administration has more work to do to help struggling U.S. homeowners, despite signs of a stabilizing housing market, a senior Treasury official said on Monday.

Toyota finds no flaw with safety electronics

Toyota Motor Corp said it had found no flaw with its throttle controls as it seeks to dismiss an external study critical of its electronic safety systems.

Bulls may run more from March 2009 lows

Bulls may get more room to run this week on the anniversary of the March 2009 lows -- if U.S. stock investors see more signs of stability after Friday's rally on smaller-than-expected job losses.

Bulls may extend rally from March 2009 lows

Bulls may get more room to run next week on the anniversary of the March 2009 lows -- if U.S. stock investors see more signs of stability after Friday's rally on smaller-than-expected job losses.

Upper-income households report less distress

Sentiment of U.S. households in the top fifth of the income distribution improved in early 2010 compared with 2009, but worries over personal finances persist, a survey showed on Friday.

US Democrats would nix healthcare over abortion

A dozen House of Representatives Democrats opposed to abortion are willing to kill President Barack Obama's healthcare reform plan unless it satisfies their demand for language barring the procedure, Representative Bart Stupak said on Thursday.

California students protest fees

University of California students take to the streets on Thursday to protest fee hikes, campus racism, and what they call privatization of the public system that was a beacon for the state in the 1960s.

Poor credit conditions for Main Street limits job creation: Senators

In a Senate hearing on Tuesday titled Restoring Credit to Main Street, witnesses stated that the inability of small businesses to obtain financing is severely hindering job creation in the United States.

Bain buying Dow's Styron unit for $1.63 billion

Dow Chemical Co is selling its Styron basic plastics unit to private equity firm Bain Capital Partners for $1.63 billion.

Bain to buy Dow's Styron unit for $1.63 billion

Dow Chemical Co said it would sell its Styron basic plastics unit to private equity firm Bain Capital Partners for $1.63 billion.

Consumer sentiment weakens in February

Consumer sentiment was weaker in February, as Americans grew more impatient with the government's gridlock over efforts to stimulate jobs, a survey released on Friday showed.

Wall Street set for slightly higher open after GDP data

Stock index futures pointed to a flat to slightly higher open on Friday after the government said the U.S. economy expanded more than initially thought in the fourth quarter of last year.

Stock futures slightly higher as economy in focus

Stock index futures were slightly higher on Friday as investors looked ahead to a raft of data, including economic growth, home sales and manufacturing after a disappointing week so far for the economy.