Fed expects burst of economic relief as risks to long term recovery loom

Jan 4, 2011
Federal Reserve officials are expecting some economic relief this year from the recent tax cut deal between President Barack Obama and Republicans...

MIDDAY UPDATE: Goldman Sachs and Facebook

Jan 3, 2011
Investment bank Goldman Sachs has "friended" Facebook. The mega-bank is pouring half-a-billion dollars into Facebook, boosting the social network's...

MIDDAY UPDATE: Groupon, unemployment, college admissions

Dec 29, 2010
Venture capital Groupon may raise $950 million from private investors to fuel its growth. This comes after recently turning down a $6 billion...

MIDDAY UPDATE: Looking ahead to 2011

Dec 24, 2010
Today we spoke to Jill Schlesinger, as we look forward to 2011. Stock prices are ending the year at their highest level since the collapse of...

MIDDAY UPDATE: Weekly jobless numbers down 17,000

Dec 9, 2010
Today's weekly unemployment numbers were down 17,000 from last week. These numbers are the second lowest of the year. Of course these numbers still...

MIDDAY UPDATE: Unemployment

Dec 2, 2010
The monthly unemployment report from the Labor department could indicate that 9.5 Americans are unemployed. That's about 26.4 million Americans are...

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MID-DAY UPDATE: Wells Fargo re-files, Nissan recalls and high speed rails

Oct 28, 2010
Wells Fargo will re-file 55,000 problematic foreclosure documents, but will not issue a blanket moratorium. Today, we learned that the number of...

MID-DAY UPDATE: More job losses in September...

Oct 8, 2010
This morning, the Labor Department said federal, state and local governments cut more jobs than the private sector created. Non-farm employment...

MID-DAY UPDATE: Corporations have money. Why aren't they hiring?

Oct 7, 2010
U.S. companies have more cash on hand than they have in a while. They're using it for buying each other, buying their own stock... everything, it...