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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

  • Colorado company offers banana coffins DENVER (AP) -- Casket makers catering to natural burials have offered biodegradable coffins made of such materials as recycled newspapers or cardboard. Ecoffins USA, based in Montrose, Colo., is selling caskets made of banana sheaves....
  • Cummins reopening Ind. plant, while another closes COLUMBUS, Ind. (AP) -- Cummins Inc. is recalling 400 laid-off workers as it resumes production at a Columbus factory, while nearly 300 people lost their jobs as an auto parts company idled a plant in nearby Shelbyville....
  • Much-needed tax refunds delayed from Ga. to Calif. ATLANTA (AP) -- Colin Daymude was out of work last year after his business failed and eagerly filed his taxes in mid-January, figuring he'd get his refund sooner. He was wrong....
  • Canada finance minister says unemployment to rise TORONTO (AP) -- Canada's finance minister said Friday that the country's economic recovery will likely be modest and job losses will mount into 2010 even after growth has begun....
  • Job seekers seek solace with fellow faithful BEVERLY, Mass. (AP) -- Her fellow job seekers offer knowing groans as Diane Castro recalls the day she was laid off: The fear of being summoned to the front office. The phones in nearby cubicles going off like grenades. Finally, a ring at her desk....

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