Reports on consumer confidence, GDP tug at stocks - AP - 13 minutes ago
Stocks retreated from 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped the market's optimism.

Economy's rebound not as strong as first thought - AP - 1 hour, 30 minutes ago
The economy is growing modestly, with consumers too wary about spending to invigorate the recovery. That was the picture that emerged Tuesday from reports on the nation's economy and the confidence of consumers, who power 70 percent of it.

Banks earn $2.8B in 3Q; insurance fund in the red - AP - 17 minutes ago
The apparent end of the recession and stabilizing financial markets have not cured the banking industry, the Federal Deposit Insurance Corp. said Tuesday.

Crude prices near $76 per barrel - AP - 2 hours, 34 minutes ago
Oil prices fell below $76 a barrel Tuesday with new data showing a slow U.S. economic recovery and consumer confidence that remains luke warm at best.

Heinz 2Q profit falls 16 percent - AP - 1 hour, 4 minutes ago
H.J. Heinz Co.'s says its business is thriving in emerging markets but the recession continued to drag down its U.S. and European sales during the second quarter as shoppers limited spending or chose lower-priced products.

US Airways defers delivery of 54 aircraft - AP - 1 hour, 50 minutes ago
US Airways said Tuesday it will delay delivery of 54 Airbus jets until at least 2013 as it tries to bolster its financial strength.

CPSC chief: Agency moved too slowly on crib safety - AP - 1 hour, 54 minutes ago
A day after the recall of 2.1 million cribs linked to four suffocations, the head of the Consumer Product Safety Commission conceded the agency "hasn't been acting as quickly as it should."

Medtronic 2Q profit rises 59 percent on sales - AP - 1 hour, 43 minutes ago
Medtronic reported a surprising 59 percent boost in second-quarter profit Tuesday, as increased sales of implantable heart devices defied reports of weakening demand from competitors.

Barnes & Noble reports 2Q loss, cuts guidance - AP - 1 hour, 5 minutes ago
Barnes & Noble on Tuesday posted a larger second-quarter loss than last year and lowered its profit forecast for this quarter in anticipation of weak holiday sales and high costs of launching its electronic book reader, the Nook.