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Britain urges steps to insure financial system - AP - 6 minutes ago
Britain called for consideration of a global tax on financial transactions to insure against another crisis and urged world finance officials meeting Saturday in Scotland to agree on bearing the cost of fighting climate change.

Banks in Ga., Mich., Minn., Mo., Calif. closed - AP - Fri 10:11 pm ET
Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans.

Decision day for health care in the House - AP - 1 hour, 21 minutes ago
President Barack Obama is traveling to Capitol Hill on Saturday to try to close the sale on his signature health care overhaul, facing a make-or-break vote in the House certain to be seen as a test of his presidency.

Analysis: 10 percent jobless is Obama's new world - AP - 34 minutes ago
For months he had warned it was coming but that didn't ease the political shockwaves for President Barack Obama when unemployment topped 10 percent.

China offers Africa more trade, investment - AP - 33 minutes ago
China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday.

Pa. governor: Philly transit strike could end soon - AP - Sat 12:38 am ET
A tentative contract agreement has been reached that could end the public transit strike that has idled Philadelphia's subways, buses and trolleys for four days, Gov. Ed Rendell said late Friday.

South Korean workers protest gov't labor policy - AP - 1 hour, 40 minutes ago
Tens of thousands of South Korean workers rallied Saturday to protest the government's plan to begin implementing contentious labor laws.

Freddie Mac loses $6.3B in 3Q - AP - Fri 7:35 pm ET
Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion.

Stocks post modest gains as job losses slow - AP - Fri 6:10 pm ET
Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday. News that the nation's unemployment rate rose above 10 percent last month for the first time in 26 years didn't derail the stock market's strong gains in the week, which lifted major indexes more than 3 percent.

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