Top News
SEC SEC's Schapiro balks at Obama plan to create financial Czar

In a surprising move away from the Obama administration, SEC Chairwoman Mary Schapiro objected to the creation of a financial Czar to oversee the industry, which would remove much of the power wielded by the SEC placing into the hands of the Treasury Department under Geithner.

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Obama redeploys his grass-roots network to push budget

Volunteers canvassed door to door over the weekend in the first big test of his ground support.

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Israel's top court sides with Palestinian against military: Is that 'activism'?

A unanimous decision on Wednesday ordered stronger charges for a soldier who shot at a blindfolded protester. Netanyahu allies seek more conservative justices to counter perceived liberalism.

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Canadian investor confidence improves

A recent survey indicates Canadian investor confidence is improving, but mostly in real estate, though by no means does it mean the recession is offer.

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INSIDE BUSINESS

Energy prices fall sharply on poor economic data

Crude oil and gasoline futures fell sharply Thursday following a worse-than-expected June payroll report from the US Department of Labor.  The drop in oil futures came on top of Wednesday's weekly supply report showing cuts in US stockpiles.

June US unemployment rate rises to 9.5%

The US Department of Labor reported that the nation's jobless rate rose to 9.5% in June after businesses cut 467,000 workers from payrolls.  The news shook Wall Street with the Dow losing more than 2% in midday trading Thursday.

US non-farm payrolls improving, says ADP June payroll report

Non-farm payrolls fell 473,000 in June, according to the latest ADP employment report.  The drop in employment over the prior three months averaged 492,000, compared to 691,000 during the prior year's three-month period, a marked improvement.

ENTERTAINMENT TODAY

Review: 'Public Enemies'

This retelling of Depression-era bank robber John Dillinger, played by Johnny Depp, falls hard for the antihero mythology.

Billy Mays: quintessentially American

He offered not just a product but an entire life of do-it-yourself, business-casual, suburban ease.

Michael Jackson's mother gets custody of his children

A judge in an LA court has given custody of Michael Jackson's three children to his mother, Kathrine Jackson, despite rumors that Debbie Rowe would attempt as the mother of two of the late Michael Jackson's children to gain custody herself.

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