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467K jobs cut in June; jobless rate at 9.5 percent
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WASHINGTON (AP) -- Employers cut a larger-than-expected... Full story
Stocks advance after mixed data; jobs report looms
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NEW YORK (AP) -- The stock market's third quarter began... Full story
Home prices post 18.1 percent annual drop in April
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NEW YORK (AP) -- There is a clear trend home prices... Full story

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The Watercooler
Brand loyalty, parking economics, WiFi etiquette
BRAND LOYALTY How loyal are you to your brands? A new marketing study says you're probably pretty fickle. For the average manufacturer's grocery brand, less than half of consumers who made 70 percent or more of their category purchases with a single... Full story
How the major stock indexes fared on Thursday
Gains in homebuilders, retailers and other consumer discretionary stocks led the market sharply higher Thursday. Traders focused on several better-than-expected earnings reports and welcomed news that the Federal Reserve took the first step toward removing... Full story
BofA raising more capital than Feds required
CHARLOTTE, N.C. (AP) -- Bank of America Corp. said Thursday it will raise more money than the government said it needed in order to withstand a deepening recession. Upon the completion of a debt exchange later this week, the Charlotte, N.C.-based bank... Full story

National Business News

  • Texas brewer, once near defeat, shines again SHINER, Texas (AP) -- By all accounts, Shiner beer shouldn't have made it this long. The Spoetzl Brewery ferments its brew in a one-stoplight town that's not on the way to anywhere, and much larger regional brewers long ago succumbed to consolidation and the muscle of national brewers....
  • The old is new again at Saturday Evening Post INDIANAPOLIS (AP) -- The Saturday Evening Post, a centuries-old publication that helped make illustrator Norman Rockwell an American icon and showcased some of the greatest U.S. writers, is returning to its roots to show readers the value of a quiet read in an increasingly frenetic digital age....
  • Malaysia makes bold changes in race-based policies KUALA LUMPUR, Malaysia (AP) -- The economic downturn is allowing Malaysia's leader to chip away at an affirmative action program for Malay Muslims that has been considered virtually untouchable in the past....
  • Venezuela assumes control of Spanish-owned bank CARACAS, Venezuela (AP) -- President Hugo Chavez's government assumed control of Venezuela's third-largest bank on Friday - making the state the largest player in the nation's banking system....
  • Malt-O-Meal recalls oatmeal made with dry milk MINNEAPOLIS (AP) -- Malt-O-Meal Co. is voluntarily recalling oatmeal that contains instant nonfat dry milk that may be contaminated with salmonella....

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