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Bernanke Offers No Hints Of Imminent Fed Action

Posted: 07/17/2012 - Chairman Ben Bernanke says the U.S. economy has weakened and the Federal Reserve is ready to take further action to bolster growth if conditions don't improve.

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Report: Bank's Lax Control Led To Money Laundering

Posted: 07/16/2012 - A Senate investigation has found that Europe's largest bank had lax controls that allowed Mexican drug cartels to launder money through its U.S. operations for seven years.

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US Jobless Claims Plunge To Lowest In 4 Years

Posted: 07/12/2012 - The number of people seeking unemployment benefits plunged last week to the lowest level in four years, but the decline was partly due to temporary factors.

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PC Sales Fall By 6 Pct To 11 Pct In US During 2Q

Posted: 07/11/2012 - Personal computer sales in the U.S. sagged during the spring as shifting technology trends, upcoming product releases and a shaky economy dampened demand for the machines on the market.

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Unemployment Help Offered To Fire Victims

Updated: 07/09/2012 - Unemployment benefits are now being offered to workers who lost their jobs and others who are unable to work because of the High Park and Waldo Canyon wildfires

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Obama Signs Student Loan, Road-Building Bill

Posted: 07/06/2012 - President Barack Obama says a bill to keep construction workers on the job and prevent a spike in interest rates on new loans to college students "will make a real difference" for millions of Americans.

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US Jobless Aid Applications Fall To 6-Week Low

Posted: 07/05/2012 - The number of people seeking unemployment aid last week fell to its lowest level since mid-May, suggesting layoffs are easing and hiring could pick up.

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Microsoft To Take $6.2B Charge For Online Ad Biz

Posted: 07/02/2012 - Microsoft is absorbing a $6.2 billion charge to reflect its inability to produce more revenue from an online ad service that it bought nearly five years ago.

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