WASHINGTON - Nine months into the fiscal year, the federal deficit has topped $1 trillion for the first time.
NEW YORK (Reuters) - The Dow industrials rose more than 2 percent on Monday as stocks extended gains in late trading, boosted by bullish comments on financials from analyst Meredith Whitney. The S&P was also up more than 2 percent.
NEW YORK (Reuters) - A U.S. bankruptcy judge gave General Motors Corp permission on Monday to buy several assets of bankrupt auto parts supplier Delphi Corp as part of a deal with a private equity firm that could take Delphi out of bankruptcy.