New jobless claims rise, trade gap narrows

Initial claims for state unemployment insurance rose 17,000 to 474,000 last week, after five straight weeks of declines, the Labor Department said on Thursday.

The rise in claims was ...[more]

Geithner: don't declare victory too soon in crisis

Testifying before a congressional panel that oversees the Troubled Asset Relief Program, or TARP, Geithner took credit for having averted a complete financial meltdown but warned against beco ...[more]

Debt limit to rise with Defense bill: Pelosi

"We need to have a vehicle so that the Senate can vote on it, and it is our intention to have something on the Department of Defense bill next week," Pelosi told a news conference.

Th ...[more]

U.S. household wealth rises in Q3, may spur spending

The U.S. central bank's Flow of Funds report said household net worth -- the difference between the value of assets and liabilities -- rose 5 percent from the second quarter.

A strong ...[more]

G7 recovery on course, gov't debt piles higher

A near halt in December to the staggering U.S. job losses sustained through 2009 has underscored the speed with which the world's largest economy has found its footing, thanks to heavy interv ...[more]

Could airlines be a model for government savings?

Calling the scheme "EasyCouncil" after airlines like orange-liveried EasyJet or Ireland's Ryanair, Conservative-run Barnet wants to allow residents to pay less local tax for basic services, m ...[more]

New U.S. jobless claims rise

Initial claims for state unemployment insurance rose 17,000 to 474,000 last week, after five straight weeks of declines, the Labor Department said on Thursday.

The rise in claims was ...[more]

U.S. 2010 GDP growth to expand by 2.7 percent: Blue Chip

The panel of top forecasters expect foreign trade to be a drag on GDP going forward as gains in imports outstrip those in exports, according to the survey conducted on December 2-3 and releas ...[more]

Strong sales boost recovery hope

A slew of data this week has suggested the recovery is gaining momentum, pulling further away from the devastating recession that pushed unemployment to quarter-century highs and raising hope ...[more]

TARP restrictions may be eased to boost lending

The official said the administration was looking at setting up a special purpose vehicle to be a conduit for money from the Troubled Asset Relief Fund, or TARP, that would get around restrict ...[more]

CORRECTED: Watchdog says TARP accounting in order, but.

WASHINGTON (Reuters) - A congressional watchdog agency on Wednesday gave a clean bill of health to the government's accounting for the $700 billion financial bailout program, but still noted ...[more]

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