Business

European stock markets and Wall Street futures recouped earlier modest losses Thursday after a surprise fall in weekly U.S. jobless claims.

President Barack Obama exhorted Congress on Monday to make passage of a long-languishing small business aid package its first order of business when it returns next month from its summer break.

USA Today, the nation's second largest newspaper, is making the most dramatic overhaul of its staff in its 28-year history as it de-emphasizes its print edition and ramps up its effort to reach more readers and advertisers on mobile devices.

Stocks drifted lower Monday as a fresh round of corporate dealmaking was tempered by skepticism about the strength of the economy.

While U.S. growth hopes have diminished, there are rising expectations about the European economic recovery.

Cancer is the world's top "economic killer" as well as its likely leading cause of death, the American Cancer Society contends in a new report it will present at a global cancer conference in China this week.

It's nearly four months since stocks reached their 2010 highs and began falling on investors' doubts about the economic recovery. Some analysts say it could be another year before investors get up enough confidence to restart the rally.

The Federal Reserve has little power left to lift the economy out of its rut. Congress, with an election looming, has no appetite for more stimulus. Shoppers are reluctant to spend, and businesses are slow to hire.