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Obama says his economic policies halted "bleeding" (Reuters)

President Barack Obama (L) delivers remarks on the latest employment statistics released on Friday, alongside Treasury Secretary Tim Geithner in the Rose Garden of the White House, September 3, 2010. REUTERS/Jason ReedReuters - President Barack Obama, previewing a big push on the U.S. economy next week, on Saturday defended policies that he said "have stopped the bleeding" and put the middle class on the road to recovery.


Obama pledges to work for a thriving middle class (AP)

People watch as Marine One, with President Barack Obama aboard, takes off from the South Lawn of the White House in Washington, Friday, Sept. 3, 2010. Obama is spending the weekend at Camp David, Md. (AP Photo/Susan Walsh)AP - A strong economy needs bustling Main Streets and a thriving middle class, not just a healthy stock market, President Barack Obama said in paying tribute to the American worker.


Obama to address new economic ideas next Wednesday (Reuters)

President Barack Obama (L) delivers remarks on the latest employment statistics released on Friday, alongside Treasury Secretary Tim Geithner in the Rose Garden of the White House, September 3, 2010. REUTERS/Jason ReedReuters - President Barack Obama said on Friday he would outline new measures next week to boost the U.S. economy, but analysts were skeptical he would be able to deliver a big enough package to lift growth significantly.


Wall Street ends week with hope (AFP)

Street signs outside the New York Stock Exchange. Wall Street heads into next week with strong tailwind from recent days' rally and brighter outlook as traders keenly await President Barack Obama to unveil new plans for boosting the shaky US economy.(AFP/File/Stan Honda)AFP - Wall Street heads into next week with strong tailwind from recent days' rally and brighter outlook as traders keenly await President Barack Obama to unveil new plans for boosting the shaky US economy.


Wall Street ends week with hope (AFP)

Street signs outside the New York Stock Exchange. Wall Street heads into next week with strong tailwind from recent days' rally and brighter outlook as traders keenly await President Barack Obama to unveil new plans for boosting the shaky US economy.(AFP/File/Stan Honda)AFP - Wall Street heads into next week with strong tailwind from recent days' rally and brighter outlook as traders keenly await President Barack Obama to unveil new plans for boosting the shaky US economy.


G20 members agree economic recovery to continue (Reuters)

Reuters - G20 delegates agreed on Saturday global economic recovery would endure although the speed of expansion may slow, a South Korean official said.

Japan Noda warns on yen, suggests joint steps difficult (Reuters)

Reuters - Japanese Finance Minister Yoshihiko Noda said on Saturday Tokyo would take decisive steps to stem the yen's rise when needed, while suggesting that coordinated currency market intervention was a difficult option.

Despite hiring, US unemployment rate seems frozen (AP)

In this Aug. 25, 2010 photograph, job seekers including Pat Mosher, third from left, fill out registration forms to attend a job fair in Southfield, Mich. On Friday, Sept. 3, 2010, at 8:30 a.m. EDT, the Labor Department issues the August unemployment report. (AP Photo/Paul Sancya)AP - Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work.


SEC reaches settlement with ex-Qwest CEO Nacchio (AP)

AP - The Securities and Exchange Commission has reached a settlement in its civil lawsuit against former Qwest CEO Joseph Nacchio.

Payrolls data offer ray of hope for recovery (Reuters)

People wait in line to enter the City University of New York (CUNY) Big Apple job fair in New York, April 23, 2010. REUTERS/Shannon StapletonReuters - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring was a positive surprise, relieving concerns about a stalling economic recovery.


Business Highlights (AP)

AP - Companies add 67K workers, but jobless rate rises

Economy 101: Jobless rate widens for black workers (AP)

AP - When the unemployment rate rose last month, the pain wasn't spread evenly.

Summary Box: Unemployment rate rises to 9.6 pct (AP)

AP - UNEMPLOYMENT RISES: The unemployment rate rose to 9.6 percent in August from 9.5 percent, as the nation lost 54,000 jobs. Private employers added a net total of 67,000 workers, but 114,000 temporary census jobs ended.

Stocks extend September rally after jobs report (AP)

In this Sept. 1, 2010 photograph, traders and specialists work the trading floor of the New York Stock Exchange, in New York. (AP Photo/David Karp)AP - The stock market had its first winning week in a month thanks to better news on the economy.


A rise in unemployment that is "about unchanged" (AP)

AP - For most Americans, the most important information in the monthly unemployment report is whether the jobless rate rose or fell, and by how much.

Summary Box: Stock market snaps a three-week slump (AP)

AP - SEPTEMBER RALLY: The stock market had its first winning week in a month after better news on employment and manufacturing lifted shares.

Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)

An oil platform off the coast of Brazil. Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.(AFP/File/Antonio Scorza)AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.


How the major stock indexes fared Friday (AP)

AP - The stock market had its first winning week in a month after news on the economy started getting better. The Dow Jones industrial average jumped 128 points Friday, its fourth straight day of gains. Even after its four-day run, which added 438 points to the Dow, the index is still 6.8 percent below its April high.

Stocks rally as jobs data spurs optimism (Reuters)

Traders work on the floor of the New York Stock Exchange, August 31, 2010. REUTERS/Brendan McDermidReuters - Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.


Obama promises more stimulus as unemployment edges up (AFP)

US President Barack Obama speaks on the economy in the Rose Garden at the White House in Washington, DC. Obama said better-than-expected jobs data released Friday was positive, but said it was not good enough as the economy struggles out of the deepest slump in decades.(AFP/Saul Loeb)AFP - President Barack Obama promised a fresh slew of measures to boost the ailing US economy Friday after fresh data showed unemployment was again on the rise.


Obama planning new package of economic aid (AP)

President Barack Obama reports on the economy as the latest unemployment figures are released,  Friday, Sept. 3, 2010, in the Rose Garden at the White House in Washington.  (AP Photo/J. Scott Applewhite)AP - Eager to jumpstart the economy ahead of crucial midterm elections, President Barack Obama said Friday he intends to unveil a new package of proposals, likely including tax cuts and targeted spending, to spark job growth.


MGIC added $1.2B in mortgage coverage in August (AP)

AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.

A look at economic developments around the globe (AP)

AP - A look at economic developments and activity in major stock markets around the world Friday:

A look at economic developments around the globe (AP)

AP - A look at economic developments and activity in major stock markets around the world Friday:

Stocks jump after relatively upbeat US jobs data (AP)

In this Sept. 1, 2010 photo, traders and specialists work the trading floor of the New York Stock Exchange, in New York.  (AP Photo/David Karp)AP - Stocks pushed higher Friday after a relatively upbeat U.S. jobs report for August eased concerns about the pace of the economic recovery in the world's largest economy.


US services sector growth eases (AFP)

The Institute of Supply Management(ISM) said its non-manufacturing index, based on surveys of purchasing and supply executives, fell to 51.5 -- the lowest level since January -- from 54.3 in July.(ISM)AFP - Growth of the key US services sector fell to its lowest level in eight months in August amid a weakening economic recovery, a survey report said Friday.


Summary Box: Service sector growth slows in August (AP)

AP - GROWTH SLOWING: The Institute for Supply Management said its service-sector index fell to 51.5 last month from 54.3 in July. The number indicates growth for the eighth consecutive month but it was the weakest pace since January.

Service sector grows at slower pace in August (AP)

In this July 30, 2010 photo, Rajni Gupta and her children Anooshka, 10, and Kiril, 7, leave Aeropostale after shopping for back-to-school clothes, in New York. The U.S. service sector, the nation's predominant job generator, expanded for the eighth straight month in August although the pace of growth slowed, according to a trade group survey. (AP Photo/Mark Lennihan)AP - The U.S. service sector, the nation's predominant job generator, expanded for the eighth straight month in August although the pace of growth slowed, according to a trade group survey.


Sirius XM Has a Stern Decision to Make (The Motley Fool)

The Motley Fool - Satellite-radio star Howard Stern is negotiating in public again.

Broke youth anti-crime groups want federal cash (AP)

In a Friday, June 4, 2010 photo, floor manager David Gonzalez, center, talks on the phone as Angel Delgado, foreground left, drink his soda while working at Homeboy Industries in Los Angeles. Organizations trying to prevent youngsters from joining gangs have been hit hard by the sour economy. Homeboy Industries, which employed ex-gang members as a way of keeping them off the street, had to fire more than 300 of its workers as donations and city subsidies plummeted. (AP Photo/Jae C. Hong)AP - A $1.6 billion congressional bailout of sorts could help financially flailing groups that fight to keep young people out of trouble, yet lawmakers are reluctant to take up the expensive proposal amid a sour economy and other, more pressing issues.


Obama: jobs data 'positive' but not enough (AFP)

US President Barack Obama(L), seen with Treasury Secretary Timothy Geithner in the Rose Garden at the White House, said better-than-expected jobs data released Friday was positive, but said it was not good enough as the economy struggles out of the deepest slump in decades.(AFP/File/Saul Loeb)AFP - US President Barack Obama said better-than-expected jobs data released Friday was positive, but said it was not good enough as the economy struggles out of the deepest slump in decades.


European stocks soar on US data; dollar breaches 85 yen (AFP)

A trader sits in front of a board displaying the German share index DAX at the stock exchange in Frankfurt. European equities surged on Friday and the dollar jumped above 85 yen as financial markets welcomed a better-than-expected payrolls report in the US.(AFP/DDP/File/Martin Oeser)AFP - European equities surged on Friday and the dollar jumped above 85 yen as financial markets welcomed a better-than-expected payrolls report in the United States.


(AP)

AP - Coast Guard: no sign of oil leak after Gulf platform fire, but crews continue to monitor.

"Quote stuffing" a focus in flash crash probe (Reuters)

Traders at the New York Stock Exchange on August 31. Asian and European stocks were rising, lifted by bargain-hunting and upbeat data, as dealers set aside Wall Street's worst August performance in nine years amid stubborn US recovery doubts.(AFP/Getty Images/Spencer Platt)Reuters - U.S. regulators probing the May flash crash are focusing on a trading practice known as "quote stuffing", in which large numbers of rapid-fire orders to buy or sell stocks are placed and canceled almost immediately.


US Def Sec: Afghans should lead corruption fight (AP)

U.S. Defense Secretary Robert Gates, right, is greeted by top NATO commander Gen. David Petraeus as he arrives in Kabul, Afghanistan on Thursday, Sept. 2, 2010.  (AP Photo/Jim Watson, Pool)AP - U.S. Defense Secretary Robert Gates said Thursday that while the fight against corruption must be led by Afghans, the U.S. is working on new ways to prevent millions of American dollars flowing into the nation from underwriting bribery and graft.


5 Tax Moves to Make Now (U.S. News & World Report)

U.S. News & World Report - It may seem a bit strange to be talking about income taxes in September. There are, however, good reasons to think about taxes well before April 15. For starters, there are some big changes in the tax code that go into effect in 2011. Depending on your income tax bracket and investments, some simple planning now could save you a bundle later.

Summary Box: Mortgage rates hit low of 4.32 pct. (AP)

AP - RECORD LOWS: Mortgage rates fell to the lowest levels in decades for the tenth time in 11 weeks, mortgage buyer Freddie Mac said Thursday. The average rate for a 30-year fixed loan was 4.32 percent. The 15-year fixed loan hit 3.83 percent.

How to Get a Government-Backed, Zero-Down-Payment Mortgage (U.S. News & World Report)

U.S. News & World Report - More than four years after real estate values peaked, the historic plunge in home prices remains fresh in the minds of mortgage lenders. After taking painful losses on delinquent home loans, banks have imposed tougher standards--such as increased credit scores and higher down payment requirements--on applicants of all stripes. And as investors fled for the hills, the exotic mortgage products that helped fuel the real estate boom have largely disappeared from the private market. But that doesn't mean all buyers need a big pile of cash to snag a home loan. ...

5 Reasons You Should Buy Your Latte (U.S. News & World Report)

U.S. News & World Report - The Latte Factor, a term coined (and trademarked) by personal finance guru David Bach, is one of the most talked about concepts in the world of personal finance. But it might be based on faulty math.

The Next 4 Dot-Com Buyouts (The Motley Fool)

The Motley Fool - Shares of Salary.com (Nasdaq: SLRY - News) -- a small provider of human resources applications on the cloud -- soared 43% yesterday, after agreeing to be acquired by larger rival Kenexa (Nasdaq: KNXA - News).
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