State regulators close two banks

Filed Under (Economic) by on 06-02-2009

State regulators shuttered two banks Friday evening, bringing the total number of bank failures this year to eight.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Lawmakers reach tentative stimulus agreement

Filed Under (Economic) by on 06-02-2009

Democratic and Republican Senate negotiators have reached a tentative agreement for a $780 billion stimulus package, according to two Democratic sources and a GOP negotiator.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Georgia bank fails: 7th in 2009

Filed Under (Economic) by on 06-02-2009

FirstBank Financial Services based in McDonough, Ga, was closed by state regulators Friday evening, making it the seventh bank to fail so far this year.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Consumer credit: Third straight monthly drop

Filed Under (Economic) by on 06-02-2009

Consumer borrowing tumbled for the third consecutive month in December as the faltering economy continues to pressure households to curb spending.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Obama’s week ahead: Game on

Filed Under (Economic) by on 06-02-2009

Now it's really crunch time.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Oil hit by jobs report

Filed Under (Economic) by on 06-02-2009

Oil prices fell near $40 a barrel in a volatile session Friday after a dismal labor market report renewed concern about falling demand, and stifled optimism stemming from the stimulus bill being debated in Congress.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Harvard pink slips 25% of its money managers

Filed Under (Economic) by on 06-02-2009

Read full story for latest details.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Oil rebounds on stimulus hope

Filed Under (Economic) by on 06-02-2009

Oil prices clawed their way back near $42 a barrel Friday as Congress debated a massive economic stimulus package that investors hope will help restore the economy.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Bond market calls the Fed’s bluff

Filed Under (Economic) by on 06-02-2009

There's an interesting battle royale going on in the Treasury market.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Unemployment dents oil prices

Filed Under (Economic) by on 06-02-2009

Oil dropped below $40 a barrel Friday after a dismal labor market report renewed concern about crumbling demand for crude products.

Original post by Economic news - CNNMoney.com and software by Elliott Back

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