Jobless claims bill OK’d by Senate

The Senate on Wednesday approved a wide-ranging bill that would push back the deadline to file for extended unemployment insurance until year-end and extends dozens of expired tax breaks.

Carlos Slim tops Bill Gates as world’s richest man

Forbes magazine released its annual list of the world’s richest people Wednesday, and for only the second time since 1995, Microsoft founder Bill Gates’ name was not at the top.

Twitter users not so social after all

Twitter may be a fast-growing social network, but most of its 50 million accounts merely follow other users rather than posting their own messages.

Airline stocks take off

Airline stocks rallied Wednesday, riding a wave of investor sentiment that 2010 is shaping into a profitable year for the industry, experts say.

Stocks post modest gains

Stocks rose Wednesday, with the Nasdaq ending at its highest level in more than 18 months, on strength in the financial services sector and an upbeat report on wholesale inventories.

Record monthly deficit for U.S.: $221 billion

The United States dropped a record $220.9 billion further into the red in February, the Treasury Department reported Wednesday.

Royal Dutch Shell halts gasoline sales to Iran

Royal Dutch Shell has stopped selling gasoline to Iran, the company confirmed Wednesday, adding to a list of oil giants that have stopped sales after a threat of future U.S. sanctions.

State unemployment picture brightens

A total of 30 states and Washington, D.C., reported rising unemployment rates in January, down from the number in the previous month, according to a government report released Wednesday.

Welcome to the United States of Iceland

It’s time to start paying attention to the financial sinkhole that Iceland is trying to climb out of — the view from inside of it is eerily similar to our own.

Oil cools after inventory report

Oil prices fell Wednesday, after a closely watched report showed a smaller than expected increase in oil supplies and a dip in gasoline inventory.

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