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Obama unveils $3.73 trillion budget for 2012
President Barack Obama is sending Congress a $3.73 trillion spending blueprint that pledges $1.1 trillion in deficit savings over the next decade 0 minutes ago

Stocks retreat after disappointing jobs report
Stocks and interest rates dropped Friday after a disappointing employment report renewed concerns about a slowdown in economic growth.The Dow Jones 0 minutes ago

BP replaces CEO Hayward, reports $17 billion loss
BP's much-criticized CEO Tony Hayward will be replaced by American Robert Dudley on Oct. 1, the company said Tuesday as it reported a record quarterly loss and set aside $32.2 billion to cover costs of the devastating Gulf of Mexico oil spill. 0 minutes ago

US bank failures in 2010 surpass 100
U.S. bank failures this year have surpassed a bleak milestone of 100 as regulators shut down banks in Georgia, Florida, South Carolina, 0 minutes ago

US Stocks slump on weak revenues from Goldman, IBM
US Stocks are falling after revenues from Goldman Sachs and IBM came in lower than investors expected.The miss from the leading investment 0 minutes ago

Nokia Siemens buys Motorola networks
Nokia Siemens Networks says it will acquire the majority of Motorola s wireless operations in a $1.2 billion deal. 0 minutes ago

Get Out While You Can! Dow Headed to 5000, Charles Nenner Says
Enjoy the recent stock market rally while it lasts. Market forecaster Charles Nenner tells Tech Ticker stocks will peak in about a month and then head south for the year. 0 minutes ago

Germany takes legal steps against Facebook
A German data protection official said Wednesday he launched legal proceedings against Facebook, which he accused of illegally accessing and saving personal 0 minutes ago

US Job market not growing fast enough for big rebound
A second straight month of lackluster hiring by American businesses is sapping strength from the economic rebound. The jobless rate fell to 9.5 percent in June, still far too high to signal a healthy economy. 0 minutes ago

Dollar falls to 14-year low vs yen on US outlook
The dollar tumbled to 14-year low against the yen Thursday, adding to pressure on Japan's beleaguered exporters, amid indications U.S. interest rates will 0 minutes ago

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