AP
WASHINGTON – Senate Banking Committee Chairman Christopher Dodd on Tuesday called for sweeping new government powers to prevent another economic collapse, protect consumers and dismantle failing institutions. Full Story »
AP
WASHINGTON - After a slow start, the Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says. Full Story »
AP
WASHINGTON - Unemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday. Full Story »
NEW YORK - The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange: Full Story »
NEW YORK (Reuters) - U.S. consumer confidence edged only slightly lower in November after a sharp drop in October, indicating that the upcoming holiday shopping season could see better consumer spending, a research group said on Tuesday. Full Story »
PITTSBURGH - Shares of Fluor Corp. skidded Tuesday, a day after the engineering and construction firm reported an 11 percent drop in third-quarter earnings due to lower revenue at its oil and gas and power units. Full Story »
THE HAGUE, Netherlands - Dutch prosecutors say they have arrested a 43-year-old Somali man wanted by U.S. authorities for allegedly financing Islamic extremist terrorists. Full Story »
AP
ISELIN, N.J. - JPMorgan Chase & Co. said Tuesday it will hire 1,200 mortgage loan officers by the end of next year, a 60 percent increase in its sales force. Full Story »
Reuters
NEW YORK (Reuters) - As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer. Full Story »
WASHINGTON (Reuters) - About 20 percent of struggling U.S. homeowners eligible for loan workouts have entered into a trial modification, but it is unclear how many of them will be able to keep the lower payments permanently, the Treasury Department said on Tuesday. Full Story »
AFP/File
LONDON (AFP) - World oil prices slid Tuesday as Hurricane Ida weakened to a tropical storm, easing worries about the potential threat to petroleum installations in the US Gulf of Mexico, analysts said. Full Story »
Reuters
LONDON (Reuters) - Britain's top two banks, HSBC and Barclays , signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first improvement for three years in losses on U.S. consumer credit. Full Story »
LOS ANGELES - A federal judge in Los Angeles has rebuffed an effort by the former chief executive of building giant KB Homes to exclude materials related to his marriage settlement and other evidence during his upcoming trial for allegedly manipulating stock options. Full Story »
Fascinating. Insightful. Investigative. Tumultuous. Microcosmic. Realistic. These are just a few of the adjectives that describe the once-in-a-lifetime summer opportunity I enjoyed from May through August of this year, as an MBA intern in the Office of Management & Budget (OMB) in the White House. Full Story »
Veterans saluted and mourners laid flowers on hearses as hundreds paid tribute Tuesday to six soldiers killed in Afghanistan — including five shot to death by an Afghan police officer who turned against them. Full Story »
Ryan Norwalk cleared his schedule. Full Story »
British scientists begin a new study on Tuesday to consider how human DNA is used in animal experiments and to determine what the boundaries of such controversial science might be. Full Story »
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