Posted: 12:22 PM The Federal Reserve has downgraded its outlook for economic growth this year but is slightly more optimistic about the unemployment rate.

Posted: 10:12 AM Apple has again surpassed Exxon as the most valuable U.S. company after a huge fiscal first quarter.

Posted: 9:33 AM The number of Americans who signed contracts to buy homes fell in December after hitting the highest level in a year and a half.

Posted: 9:21 AM An ongoing recession in Europe will drag the entire world economy down this year, the IMF predicts.

Posted: 6:03 PM Thanks for being a great member! In fact, you're so special we're putting some extra money into your account. That's the message a lot of members of ENT Federal Credit Union are getting today, but it's not a scam. Why most are being singled out and when the cash is coming.

Posted: 10:11 AM Thorsten Heins is taking over as CEO of BlackBerry maker Research in Motion, following the departure of co-CEOs Jim Balsillie and Mike Lazaridis.

Posted: 3:48 PM A monthly survey of bankers puts the report's overall index at a 4 1/2-year high, but other indicators show trouble ahead for the rural economy.

Posted: 10:18 AM The average rate on the 30-year fixed mortgage fell again this week to a record low.

Posted: 2:57 PM Stocks are closing at their highest level since last summer.

Posted: 10:21 AM Homebuilders have an improving opinion of the housing market because they're optimistic that sales will rise this year.

Posted: 9:59 AM Stocks are rising strongly at midday on signs of resilience in Europe's debt markets and a gradual slowdown in China.

Posted: 8:04 AM Optimism about the economy could actually have a negative impact on your wallet this year, economists are predicting.

Posted: 4:07 PM Home Depot stores across the nation are planning to hire 70,000 temporary, part-time workers.

Posted: 7:51 AM Stocks are opening lower after earnings fell at JPMorgan Chase, the country's largest bank, and rumors swirled that more downgrades of European debt may be coming.

Posted: 4:18 PM President Barack Obama is asking Congress for another $1.2 trillion increase in the nation's debt limit.

Posted: 10:37 AM First Niagara Bank has agreed to sell 37 HSBC branches to KeyBank as part of its purchase of HSBC's entire upstate New York retail network, the banks announced Thursday.

Posted: 8:29 AM An Iowa-based convenience store says it has plans for a $70 million to $80 million expansion in Colorado.

Updated: 3:28 PM After being criticized for suggesting higher taxes for super rich people like himself, Warren Buffet has offered to match any contributions to the national debt made by Republican members of Congress.

Posted: 3:04 PM The fed notes that while some sectors are still weak, the final weeks of 2011 were good for the economy.

Posted: 10:53 AM The economy is front and center as the state legislature starts its new session.

Posted: 10:34 AM Ford is recalling nearly half a million minivans and SUVs because of a pair of mechanical issues.

Posted: 10:12 AM The euro is rising against the dollar after Fitch Ratings said that it won't cut France's top-shelf credit rating this year.

Posted: 10:02 AM Labor Department data from November shows that fewer jobs were advertised, but more people were hired.

Posted: 5:39 PM Apple's CEO Tim Cook could well end up being the highest paid CEO in America in 2011.

Updated: 11:52 AM Production has started at a $4.6 billion state-of-the-art computer chip plant in upstate New York.