AP – From mortgage problems to education and budget issues, Nevada leaders on Wednesday delivered a sobering assessment of the state’s future as a result of the Great Recession during seven hours of testimony before a federal panel investigating the country’s financial meltdown.
Reuters – Stocks rose on Wednesday as worries about Europe’s banking system decreased, easing risk aversion.
AP – Most Asian stock markets slumped in early trading Wednesday, pressured by renewed concerns over the health of European banks following a report that the region’s banks may have more risky government debt.
Reuters – G20 delegates agreed on Saturday global economic recovery would endure although the speed of expansion may slow, a South Korean official said.
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.
AP – The Securities and Exchange Commission has reached a settlement in its civil lawsuit against former Qwest CEO Joseph Nacchio.
Reuters – U.S. stocks trimmed gains on Friday after data showed the non-manufacturing sector grew at a slower pace than expected in August.
Reuters – U.S. employment likely fell for a third straight month in August as more temporary census jobs ended and cautious businesses scaled back hiring, an outcome that could pressure the Federal Reserve to prop up growth.