Foreign demand for long-term U.S. financial assets fell in April as both China and Japan trimmed their holdings of Treasury securities.
President Barack Obama's economic adviser on Friday defended the administration's efforts to rescue banks, insurance companies and car makers, saying the actions were taken out of "necessity, not choice."
Global financial markets are starting to heal and the U.S. economy could begin to grow again this year.
Investors welcomed a better-than-expected report on jobless claims and growth in retail sales, pushing stocks higher Thursday morning.
The CEO of Southwest Airlines says June revenue looks weaker than May, and he doesn't yet see signs of a turnaround.
House investigative committee says e-mails by Federal Reserve employees raise serious questions about $20 billion in aid provided to BofA to buy Merrill Lynch.
Watch CNBC's Africa Special tonight at 9 p.m. EST, and read Africa: Strictly Business, The Steady March to Prosperity, by TNJ Editor-in-Chief Rosalind McLymont.
Italian automaker Fiat says it has closed a deal to take over Chrysler's good assets.