AP - The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad.
AP - President Barack Obama says doubling exports over the next five years will boost the economy by helping U.S. companies sell their goods and services abroad and creating new jobs at home.
AP - Rich nations must contribute more to a climate change fund and help fight deforestation, French President Nicolas Sarkozy said at a conference Thursday on saving the world's forests — a key defense against global warming.
Reuters - The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.
AP - President Barack Obama says doubling exports over the next five years will boost the economy by helping U.S. companies sell their goods and services abroad and creating new jobs at home.
AP - The chief economist of the Securities and Exchange Commission, who is an expert on the financial instruments that figured largely in the 2008 crisis, is leaving his position for the private sector.
Reuters - U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.
