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Economic Headlines
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Student loan companies in settlement talks - AP - 56 seconds ago
The attorney general of New York is negotiating settlements with eight student loan companies to reform deceptive practices in the industry. A particular focus is the marketing of products so they appear to be federal loans, an official said Friday.

Dow, S&P end higher on financials, down for week - Reuters - 2 minutes ago
The broader U.S. stock market edged higher on Friday, but still posted its worst week since May, as a rally in financial stocks helped reverse losses sparked by a government report showing the U.S. jobless rate rose to a five-year high.

Tech firms fare better than most in jobs slump - AP - 11 minutes ago
Technology appears to be one of the least hard-hit sectors in an economy beset by unemployment at a five-year high. The Labor Department reported Friday that companies slashed their payrolls by 84,000 jobs last month, sending the country's unemployment rate to 6.1 percent from 5.7 percent in July.

As unemployment spikes, companies weigh options - AP - 11 minutes ago
U.S. companies have cut more than 550,000 jobs so far in 2008 as they try to preserve their profits in a slumping economy, but analysts say such downsizing must be done carefully for corporations to have any long-term benefits.

Statement by Press Secretary Dana Perino - Business Wire - 16 minutes ago
WASHINGTON----The President today declared a major disaster exists in the State of New Hampshire and ordered Federal aid to supplement State and local recovery efforts in the area struck by severe storms and flooding during the period of July 24 to August 14, 2008.

Fitch Rates Mississippi's $230MM GOs 'AA'; Outlook Stable - Business Wire - 26 minutes ago
NEW YORK----Fitch Ratings has assigned an 'AA' rating to the State of Mississippi's $133,545,000 general obligation bonds, series 2008A and $96,600,000 Taxable GO bonds, series 2008B expected to be offered competitively on Sept. 9th.

Struggling housing market adds to US unemployment - AP - 38 minutes ago
The struggling housing market contributed to the rise in U.S. unemployment from July to August, with losses at construction firms coming in above the national rate.

Transportation Dept. almost out of highway funds - AP - 40 minutes ago
The federal highway trust fund will run out of money this month, requiring delays in payments to states for transportation construction projects, Transportation Secretary Mary Peters said Friday.

Earlier Headlines
·Stocks mostly rise as investors snap up financials - AP - 46 minutes ago
·PETA files complaint against Iowa meat plant - AP - 48 minutes ago
·News industry shedding jobs, leisure healthier - AP - 1 hour, 1 minute ago
·Upcoming business events and economic reports - AP - 1 hour, 9 minutes ago
·Mass. governor requests aid for shellfishermen - AP - 1 hour, 18 minutes ago
·TriWest Recognized for Impact on Arizona Economy - Business Wire - 1 hour, 38 minutes ago
·Fitch Rates Dormitory Authority of New York's $395MM Mental Health Bonds 'A+' - Business Wire - 1 hour, 55 minutes ago
·Is the financial crisis over? Not so fast - AP - 1 hour, 58 minutes ago
·Tech firms fare better than most in jobs slump - AP - 2 hours, 2 minutes ago
·Russian markets slide as ruble, oil weaken - AP - 2 hours, 16 minutes ago
·Home loan troubles break records again - AP - 2 hours, 20 minutes ago
·Homes in foreclosure top 1.2 million - CNNMoney.com - 2 hours, 37 minutes ago

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