Central bank liquidity tap to stay open (Reuters)
February 5th, 2012 02:07:22 CST -0600
Reuters - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central banks in the coming week for signs of continued easy money.

Euro zone insists no Greek rescue without reforms (Reuters)
February 5th, 2012 08:15:41 CST -0600
Reuters - Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second financing package from the euro zone and the IMF.

Glencore, Xstrata hammering out final deal details (Reuters)
February 5th, 2012 09:02:16 CST -0600
Reuters - Top executives at trader Glencore and miner Xstrata are hammering out the final details of an $80 billion tie-up to seal the industry's largest ever takeover, which could be announced as early as Tuesday.

Greece on "knife edge" in last hours to agree bailout (Reuters)
February 5th, 2012 05:59:09 CST -0600
Reuters - Greece's prime minister scrambled on Sunday to convince lenders and politicians to sign off on a 130 billion euro ($171 billion) rescue, after his finance minister said just hours remain before the euro zone abandons the country to its fate.

ET, the new alien scaring global markets (Reuters)
February 5th, 2012 09:27:07 CST -0600
Reuters - The United States is coming to be seen as a global threat, acting unilaterally with aggressive new market rules that critics say will hurt U.S. firms, foreign banks, and international markets in one swoop.

Markets rally after forecast-busting US jobs data (AP)
February 3rd, 2012 08:42:40 CST -0600

AP - Stocks spiked sharply higher on Friday after forecast-busting U.S. jobs figures reinforced hopes that the recovery in the world's largest economy is gathering pace at a time when other regions, notably Europe, may be heading back into recession.

Oil prices rise after drop in US hiring expands (AP)
February 3rd, 2012 14:56:30 CST -0600

AP - A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.

Aon Q4 profit rises, but margin pressures persist (Reuters)
February 3rd, 2012 09:54:58 CST -0600
Reuters - Aon Corp posted a higher quarterly profit that narrowly beat market estimates, but the world's largest insurance broker continued to face margin pressures in its Aon Hewitt segment for the second-straight quarter.

Wen says China has stake in helping Europe (Reuters)
February 5th, 2012 03:01:59 CST -0600
Reuters - China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as a market and hinting at more possible support for beleaguered exporters.

New York sues banks over electronic mortgage system (Reuters)
February 3rd, 2012 16:54:10 CST -0600
Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.

Iran raid likely to drag in U.S. and hurt global economy (Reuters)
February 5th, 2012 03:43:34 CST -0600
Reuters - An Israeli raid on Iran's nuclear facilities would deliver a painful shock to the global economy, revive flagging Islamist militancy and possibly drag the United States into a regional war whether it backed its ally's attack or not.

Euro zone sales tumble at Christmas, no sign of growth (Reuters)
February 3rd, 2012 05:38:05 CST -0600
Reuters - Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's economy.

Romney focuses on Obama, Gingrich on Romney in NV (AP)
February 3rd, 2012 17:35:33 CST -0600

AP - A confident Mitt Romney accused President Barack Obama of failing to do enough to create jobs as he campaigned Friday ahead of GOP presidential caucuses this weekend in a state with sky-high unemployment and foreclosure rates. Newt Gingrich, who is fighting for a respectable showing here, rolled out a fresh line of criticism by comparing the former Massachusetts governor to Obama.

Nigeria oil line on fire; militants claim attack (AP)
February 5th, 2012 08:52:46 CST -0600

AP - An Eni SpA oil pipeline ruptured and caught fire as a militant group claimed responsibility for an attack in the region, their first alleged assault in months as its purported leader awaits trial on terrorism charges in South Africa.

Palestinians call for PM's fall over taxes (AP)
February 4th, 2012 06:27:10 CST -0600

AP - Hundreds of Palestinian protesters have called for their prime minister's resignation over recent tax and price increases.

GM says most of its US dealers agree to upgrades (AP)
February 4th, 2012 15:56:27 CST -0600
AP - General Motors Co. said Saturday that most of its 4,400 U.S. dealers have agreed to upgrade their showrooms over the next four years.