Banks borrow less from emergency Fed program
WASHINGTON (AP) – Banks borrowed slightly less from the Federal Reserve's emergency lending program over the past week, but increased their use of other credit programs designed to ease the financial crisis. The
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Natural gas plunges 15 percent this month
NEW YORK (AP) – Natural gas prices have dropped by more than 15 percent in the past month as the country continues to sip at its energy reserves and a balmy November allowed many homeowners to leave the
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D.R. Horton fiscal 4th-quarter loss narrows
FORT WORTH, Texas (AP) – D.R. Horton Inc. said Friday its loss in its fiscal fourth quarter narrowed despite a plunge in revenue as the homebuilder wrote down fewer costs. The loss for the quarter ended
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Treasury to sell warrants as three banks exit bailouts
The Treasury Department said it will auction off warrants for three banks that it acquired as part of last fall's financial bailout. It's the latest government effort to reel in its emergency financial programs.
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Crude prices follow world markets downward
NEW YORK (AP) – A global sell off on equity markets dragged down crude prices by 3 percent Thursday, the first decline this week. The price for a barrel of crude dropped by more than $1 immediately when
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AOL to cut a third of staff
NEW YORK (AP) - AOL LLC, an Internet company struggling to adapt to an advertising-driven economy, is looking to shed more than a third of its work force as it prepares to spin off from Time Warner Inc.
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New jobless claims unchanged, foreclosures rise
WASHINGTON (AP) – The number of newly laid-off workers seeking unemployment benefits was unchanged last week, remaining above the level that would indicate the economy is adding jobs. New jobless claims
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