AFP - US economic growth slowed dramatically in the second quarter, the government has said, stoking fears that the recovery is losing steam and fueling a fierce political debate over how to respond.
AP - Regulators on Friday shut banks in Florida, Georgia, Oregon and Washington, lifting to 108 the number of U.S. banks to fail this year as the industry has struggled to cope with mounting loan defaults and recession.
AP - The House approved a bill Friday to boost safety standards for offshore drilling, remove a federal cap on economic liability for oil spills and impose new fees on oil and gas production.
AP - Bernanke's 2009 financial disclosure shows that he mostly left his money where it has been: in no-frills annuities, U.S. Treasury securities and mutual funds.
Reuters - Fifteen months after a deal to lease Midway Airport to private operators fizzled out in a poor economy, the city of Chicago continues to keep its options for a future lease deal open.
Reuters - U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.
AP - A year after the government's big auto-industry bailouts, President Barack Obama on Friday trumpeted increased car sales and progress on battery-powered vehicles as a beacon of success in his administration's battle to revive a hurting U.S. economy. But his upbeat assessment can't mask daunting challenges for U.S. automakers and painfully high unemployment.
AP - The U.S. Coast Guard has routinely approved BP requests to use thousands of gallons of toxic chemical a day to break up oil slicks in the Gulf of Mexico despite a federal directive that the chemicals be used only rarely on surface waters, congressional investigators said Saturday after examining BP and government documents.
AP - Police were using helicopters and dogs Saturday to search for three convicted murderers who escaped from a northwest Arizona prison, kidnapped two semi-truck drivers at gunpoint and used the big rig to flee.
AP - A wildfire smoldered in the high desert north of Los Angeles Saturday, spewing plumes of thick smoke that promted air quality warnings as hundreds of firefighters worked to contain the 2-day-old blaze.
AP - An Army private charged with leaking classified material to the whistleblower website WikiLeaks had civilian help, a key figure in the case said Saturday.
AP - U.S. regulators earlier this year demanded improvements to the pipeline network that includes a segment that ruptured in southern Michigan, spilling hundreds of thousands of gallons of oil into the Kalamazoo River, according to a document released Saturday.
AP - Former All-Stars Jake Westbrook, Ted Lilly, Ryan Ludwick and Kerry Wood were traded Saturday as pennant contenders played a game of beat-the-clock. Lance Berkman went to the World Series champion New York Yankees after rejecting the Chicago White Sox.
AP - The NL Central-leading St. Louis Cardinals were the prime players in a three-team trade Saturday, getting pitcher Jake Westbrook from Cleveland and sending outfielder Ryan Ludwick to NL West-leading San Diego.
AP - Ben Roethlisberger was so worried that the Pittsburgh Steelers fans who once embraced him would boo him, he couldn't recall being so nervous and apprehensive before a football practice.
AFP - Arsenal new-boy Marouane Chamakh showed why Arsene Wenger spent nearly a year trying to sign him with a clinical finish in Saturday's 1-1 draw against AC Milan in the Emirates Cup.
AP - The Jets signed cornerback Kyle Wilson, the team's first-round draft pick, to a five-year, $13 million contract, a person with knowledge of the deal told The Associated Press on Saturday night.
AP - Albert Haynesworth came to work Saturday morning with a slightly swollen knee, forcing him to scrap his latest chance to pass the Washington Redskins conditioning test and keeping him exiled from practice for yet another day.
AP - With rookie receiver Dez Bryant out until perhaps the regular season, the Dallas Cowboys will certainly need that $2 million insurance policy named Patrick Crayton.
