Household income trending up, boost for spending

Household income grew at a faster pace in the fourth quarter than previously thought, which should help underpin spending this quarter.
The Commerce Department said […]

A little extra inflation would backfire: Volcker

The U.S. economy is recovering “pretty well” and trying to juice it up by allowing a little extra inflation would be disastrous, Paul Volcker, […]

IMF Scales Back Greek Aid to $23.6 Billion in Nation

The International Monetary Fund intends to contribute 18 billion euros ($23.6 billion) in fresh funds to the second aid package for Greece, scaling back IMF […]

Greece Readies Record Debt Swap - Bloomberg

Greece moved closer to sealing the biggest sovereign restructuring in history as investors indicated they

Another station dumps Limbaugh over Fluke comments

Another radio station is dropping Rush Limbaugh’s talk show following the conservative host’s derisive comments about a law student advocating for coverage of birth control […]

Austerity brings smaller cars to Geneva auto show

Automakers are thinking small _ in size, not ambition.
After years marked by environmental concerns, then the economic downturn and now European austerity measures, car manufacturers […]

Foursquare CEO: ‘Not just check-ins and badges’

Foursquare CEO Dennis Crowley knows people think his location-based service is about a bunch of dorky teens and twenty-somethings running around and collecting virtual […]

German Business Sentiment May Reach High - Bloomberg

German business confidence probably rose to the highest in seven months in February as progress in taming Europe

Dow breaks 13,000 for first time since ‘08 crisis

The Dow Jones industrial average crossed 13,000 on Tuesday for the first time since May 2008, when the Lehman Brothers investment bank was solvent, unemployment […]

Treasury Notes Decline a Third Week Amid Optimism Over Greek Debt Bailout - Bloomberg

Treasury notes fell for a third consecutive week amid speculation Greece will secure an aid package from European leaders, discouraging demand for the safest […]