Entries for February 2009

by Christopher S. Rugaber The Associated Press New jobless claims rose more than expected last week and the number of Americans continuing to receive unemployment benefits has topped 5.1 million, fresh evidence the recession is increasingly forcing...

by Marcy Gordon The Associated Press The nation’s banks lost $26.2 billion in the last three months of 2008, the first quarterly deficit in 18 years, as the housing and credit crises escalated. The Federal Deposit Insurance Corp. said Thursday tha...

by Martin Crutsinger The Associated Press Pledging "a new era of responsibility," President Barack Obama unveiled a multi-trillion-dollar spending plan Thursday that would boost taxes on the wealthy, curtail Medicare, lay the groundwork for univers...

Drivers in Texas are getting some relief at the pump as retail gasoline prices tumbled 8 cents this week. AAA Texas on Thursday reported the average price for regular unleaded fell to $1.74 a gallon. The association attributed the decline to continu...

by Michael Graczyk The Associated Press The Texas Court of Criminal Appeals on Wednesday rejected appeals from three condemned prisoners, including a pair sent to death row for slayings that were part of a Houston crime spree. The state’s highest ...