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Obama says his economic policies halted "bleeding" (Reuters)

September 4, 2010

President Barack Obama (L) delivers remarks on the latest employment statistics released on Friday, alongside Treasury Secretary Tim Geithner in the Rose Garden of the White House, September 3, 2010. REUTERS/Jason ReedReuters - President Barack Obama, previewing a big push on the U.S. economy next week, on Saturday defended policies that he said "have stopped the bleeding" and put the middle class on the road to recovery.


Anglo Irish Bank to be "decommissioned": minister (Reuters)

September 4, 2010

Reuters - Nationalized Anglo Irish Bank will be "decommissioned," with a decision on its fate expected within a few weeks, a junior government minister was quoted on Saturday as saying.

Report: SEC Investigating canceled trades (AP)

September 4, 2010

AP - The Securities and Exchange Commission is looking into certain types of stock trade orders that could be distorting share prices and trading volume, according to The Wall Street Journal.

Obama promises more stimulus as unemployment edges up (AFP)

September 4, 2010

US President Barack Obama speaks on the economy in the Rose Garden at the White House in Washington, DC. Obama said better-than-expected jobs data released Friday was positive, but said it was not good enough as the economy struggles out of the deepest slump in decades.(AFP/Saul Loeb)AFP - President Barack Obama promised a fresh slew of measures to boost the ailing US economy Friday after fresh data showed unemployment was again on the rise.


Trichet calls for united EU at the IMF (AFP)

September 4, 2010

Jean-Claude Trichet, Governor of the European Central Bank, gives a press conference at the Ambrosetti Forum at the Villa d'Este hotel in Cernobbio on the Como Lake, northern Milan. European Central Bank chief Jean-Claude Trichet called Saturday for Europe to hold a united position on refomin the International Monetary Fund.(AFP/Olivier Morin)AFP - European Central Bank chief Jean-Claude Trichet called Saturday for Europe to hold a united position on refomin the International Monetary Fund.


Obama planning new package of economic aid (AP)

September 4, 2010

President Barack Obama reports on the economy as the latest unemployment figures are released,  Friday, Sept. 3, 2010, in the Rose Garden at the White House in Washington.  (AP Photo/J. Scott Applewhite)AP - Eager to jumpstart the economy ahead of crucial midterm elections, President Barack Obama said Friday he intends to unveil a new package of proposals, likely including tax cuts and targeted spending, to spark job growth.


Oh snap! Carrot campaign mimics junk food

September 4, 2010

Baby carrot farmers are launching a campaign that pitches the little, orange, crunchy snacks as daring, fun and naughty — just like junk food. Baby carrot farmers are launching a campaign that pitches the little, orange, crunchy snacks as daring, fun and naughty — just like junk food.


ConsumerMan: Beware of acai berry offers

September 4, 2010

Using bogus claims, fake testimonials and slick marketing tricks, companies have sold hundreds of millions of dollars worth of acai berry supplements. The exotic acai berry has been the superstar in the world of diet supplements. But the federal government is cracking down on false advertising claims and unlawful payment practices.


Wall Street completes solid week of gains

September 4, 2010

Traders work the trading floor of the New York Stock Exchange. Wall Street surged Friday after a relatively encouraging report on the jobs market lifted hopes about the pace of economic growth. Stocks ended a three-week losing streak after an encouraging employment report lifted hopes about the pace of economic growth.


Family of copper heiress asks court to protect her

September 4, 2010

Huguette Clark, heiress to a copper fortune, has been secluded for decades. In June she turned 104 in a New York hospital.Several relatives of 104-year-old reclusive heiress Huguette Clark went to court Friday, asking for a guardian to protect her. Msnbc.com's Bill Dedman reports.


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