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Headlines From The Associated Press
  • Socialist leader urges vote for austerity measures
    ATHENS, Greece (AP) -- Lawmakers from two parties backing Greece's coalition government are meeting to consider support for legislation containing new austerity measures in the wake of six resignations from the cabinet and the withdrawal of a small right-wing party from the coalition....
  • Obama urges extension of payroll tax cut
    WASHINGTON (AP) -- President Barack Obama is calling on Congress to extend a payroll tax cut for the remainder of the year as another deadline nears for Congress to act or see taxes go up for millions of working Americans....
  • Turbo-traders take Bank of America for a ride
    NEW YORK (AP) -- On a normal day, 4 billion shares of stock change hands on the New York Stock Exchange. One in 10 belongs to a single company. It's not McDonald's or IBM, both of which have been on a tear....
  • Justice Department calls Swiss Bank a "fugitive"
    NEW YORK (AP) -- The U.S. Justice Department called Switzerland's largest private bank a fugitive from justice on Friday after it didn't send any representatives to a court hearing in New York, where it has been charged with conspired with American clients to hide $1.2 billion from the Internal Revenue Service....
  • As Facebook IPO nears, the case for dull stocks
    NEW YORK (AP) -- Investors thinking of buying a piece of Facebook after it goes public are hoping it will perform like Google, whose stock has risen 500 percent since its debut seven and a half years ago....
  • Bernanke: Weak housing has hurt consumer spending
    WASHINGTON (AP) -- Ben Bernanke says declines in home prices have forced many Americans to cut back sharply on spending and warns that the trend could continue to weigh on the economy for years....
  • Stocks fall sharply as Greek deal is held up
    NEW YORK (AP) -- Stocks had their worst day of the year Friday after Greece hit a roadblock on its way to a critical bailout....
  • Trade deficit widens to $48.8 billion in December
    WASHINGTON (AP) -- Monthly U.S. exports to Europe grew in December, a hopeful sign after a steep decline the previous month. But, some economists remain concerned that the region's debt crisis will still weigh on the U.S. economy this year....
  • Gov't on pace for $1T deficit despite January dip
    WASHINGTON (AP) -- The federal deficit was lower through the first four months of the budget year than the same period last year. Still, the deficit is expected to top $1 trillion for the fourth year in a row, putting more pressure on Congress and President Barack Obama in an election year....
  • Republic Bancorp founder Bernard Trager dies at 83
    LOUISVILLE, Ky. (AP) -- Bernard Trager, the longtime chairman and founder of bank holding company Republic Bancorp Inc., has died. He was 83....
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