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Obama to announce $50 billion infrastructure job plan (Reuters)

President Barack Obama walks from the Oval Office through the Colonnade to deliver remarks about the economy in the Rose Garden at the White House in Washington, September 3, 2010. REUTERS/Jim YoungReuters - President Barack Obama will announce on Monday a six-year plan to revamp the United States' road, railways and runways with a $50 billion up-front investment to jump-start job creation, the White House said.


World oil prices mixed (AFP)

The sun sets over an oil platform waiting to be towed out into the Gulf of Mexico at Port Fourchon in Louisiana in May. World oil prices diverged on Monday, the end of the traditional peak demand season for motor fuel in the United States.(AFP/File/Mark Ralston)AFP - World oil prices diverged on Monday, the end of the traditional peak demand season for motor fuel in the United States.


Jobs data continues to lift global equities (Reuters)

People are reflected in a stock index board outside a brokerage in Tokyo August 31, 2010. REUTERS/Kim Kyung-HoonReuters - Encouraging news about the U.S. employment picture continued to spill over onto financial markets on Monday, lifting world stocks on hopes that a slip back into recession could be avoided.


Report: Van der Sloot concedes extorting Holloways (AP)

FILE - In this June 4, 2010 file photo Dutch citizen Joran van der Sloot is escorted by police officers outside a Peruvian police station, near the border with Chile in Tacna, Peru. A newspaper has quoted the Dutchman charged with killing a 21-year-old Peruvian woman and suspected in the disappearance of U.S. teenager Natalee Holloway as confessing to extorting money from Holloway's parents, it was reported, Monday, Sept. 6, 2010. (AP Photo/Karel Navarro, File)AP - The Dutchman charged with killing a 21-year-old Peruvian woman and suspected in the disappearance of U.S. teenager Natalee Holloway has acknowledged extorting money from Holloway's parents and says he did it to get back at them.


Australia's Macquarie warns on profit (Reuters)

A man stands next to a Macquarie Bank logo in Sydney in this August 1, 2007 file photo. REUTERS/Tim Wimborne/FilesReuters - Australia's top investment bank Macquarie Group Ltd warned investors it would miss profit forecasts after weak markets took a toll on its trading and advisory business, sending its shares to a 15-month low.


WTO chief wants G20 push on global trade deal (AP)

Pascal Lamy, director general of the World Trade Organization, speaks during a press conference in Seoul, South Korea, Monday, Sept. 6, 2010.  Group of 20 leaders should use their November summit to make a serious push for the conclusion of stalled global trade negotiations, Lamy said Monday. (AP Photo/Lee Jin-man)AP - Group of 20 leaders should use their November summit to make a serious push for the conclusion of stalled global trade negotiations, the head of the WTO said Monday.


Hon Hai shares fall after reports on sales target cut (Reuters)

A security guard patrols at Hong Hai headquarters in Tucheng, Taipei county, June 8, 2010. REUTERS/Pichi ChuangReuters - Shares in Hon Hai Group (2317.TW), maker of Apple's iPhones, fell as much as 4 percent on Monday after its chairman was quoted as saying in a report that the group will halve its long-term sales growth target to 15 percent annually.


What might make the Fed flinch? (Reuters)

Federal Reserve Board Chairman Ben Bernanke makes his way through the Dirkson building hallway after a Financial Crisis Inquiry Commission hearing on Reuters - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.


McCain Hits Democrats for 'Flailing Around' on Economy (CQPolitics.com)

CQPolitics.com - Leading voices in both parties sparred Sunday over the state of the economy and the role that Bush tax cuts should play in the recovery.

Official: Obama backing research tax credits (AP)

President Barack Obama walks from the Oval Office through the Colonnade to deliver remarks about the economy in the Rose Garden at the White House in Washington, September 3, 2010. REUTERS/Jim YoungAP - Seeking ways to spur economic growth ahead of the November elections, President Barack Obama will ask Congress to increase and permanently extend research and development tax credits for businesses, a White House official said Sunday.


Taxpayers may face initial loss on GM IPO: sources (Reuters)

General Motors Chevrolet model vehicles are seen in Miami, Florida. Malaysia auto player Naza said Monday it plans to tie up with US giant General Motors to assemble Chevrolet cars in Malaysia, and could export the vehicles to other Southeast Asian markets.(AFP/Getty Images/Joe Raedle)Reuters - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.


Venezuela OKs payment for French retailer Casino (Reuters)

Reuters - Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.

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.


Campbell reports Q4 profit rise on better margins (AP)

In this June 19, 2010 photograph, people walk along inside the new building at the Campbell Soup Co. headquarters, in Camden, N.J.  The Campbell Soup Co. said Friday, Sept. 3, 2010, it made a profit of $113, or 33 cents per share during the fourth fiscal quarter, when the temperature rises and its soup sales traditionally drop.  (AP Photo/Mel Evans)AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.


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.

Crafting a Career in Eco-Chic Jewelry (BusinessWeek)

BusinessWeek - Goldman Sachs may not have a lot of friends in the White House these days, but one of its former employees has made a good impression. After three years as an analyst in Goldman's fixed-income, currencies, and commodities division, Monique Pean began her own jewelry line that can now be found in Barneys, Jeffrey New York, and around the neck of Michelle Obama.

"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.


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