Copyright (c) 2010 Yahoo! Inc. All rights reserved. http://news.yahoo.com/business/global-economy business Business - Global Economy en-us Tue, 09 Feb 2010 22:57:48 GMT 5 142 18 http://news.yahoo.com/business/global-economy http://l.yimg.com/a/i/us/nws/th/main_142c.gif http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_wall_street_box ap/20100209/us_wall_street_box AP business Tue, 09 Feb 2010 22:57:48 GMT AP - The Dow Jones industrial average jumped back above 10,000 on hope that a resolution was near for Greece's debt crisis. The Dow jumped a day after closing below 10,000 for the first time in three months. The major indexes all gained more than 1 percent. Treasury prices slid as demand for safer investments fell. Global markets bounced back on reports that plans are being developed in the European Union to rescue Greece. http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/eu_europe_financial_crisis ap/20100209/eu_europe_financial_crisis AP business Tue, 09 Feb 2010 22:15:16 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/eu_europe_financial_crisis"><img src="http://d.yimg.com/a/p/ap/20100208/capt.4a71400196304a0aa60a9e8b7df8e3a0.wall_street_ath202.jpg?x=130&y=88&q=85&sig=t0W81imakNVSy4X6RWeHZQ--" align="left" height="88" width="130" alt="A man walks past a screen showing falling stocks at the Athens Stock Exchange, in red, in Greece on Monday, Feb. 8, 2010. Stocks traded mixed Monday as investors remained wary about the strength of the economic recovery and mounting debt in Europe. (AP Photo/Petros Giannakouris)" border="0" /></a>AP - Wealthy European nations were moving closer toward swallowing a bitter pill Tuesday: rescuing Greece from its overspending before its debts drag down the euro and stock markets all the way to Wall Street.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/eu_europe_financial_crisis"><img src="http://d.yimg.com/a/p/ap/20100208/capt.4a71400196304a0aa60a9e8b7df8e3a0.wall_street_ath202.jpg?x=130&y=88&q=85&sig=t0W81imakNVSy4X6RWeHZQ--" align="left" height="88" width="130" alt="photo" title="A man walks past a screen showing falling stocks at the Athens Stock Exchange, in red, in Greece on Monday, Feb. 8, 2010. Stocks traded mixed Monday as investors remained wary about the strength of the economic recovery and mounting debt in Europe. (AP Photo/Petros Giannakouris)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100209/bs_afp/greecefinanceeconomystrike afp/20100209/greecefinanceeconomystrike AFP business Tue, 09 Feb 2010 20:17:27 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100209/bs_afp/greecefinanceeconomystrike"><img src="http://d.yimg.com/a/p/afp/20100209/capt.photo_1265745591509-2-0.jpg?x=130&y=87&q=85&sig=3TYPR45BNgbxTW6097EAIw--" align="left" height="87" width="130" alt="Greece's Finance Minister George Papaconstantinou arrives for a press conference in the Finance Ministry in Athens. Greece's government on Tuesday unveiled a hike in the average retirement age and called on striking civil servants to accept bonus cuts to pull the country out of an unprecedented financial crisis.(AFP/Louisa Gouliamaki)" border="0" /></a>AFP - Greece's government on Tuesday unveiled a hike in the average retirement age and called on striking civil servants to accept bonus cuts to pull the country out of an unprecedented financial crisis.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100209/bs_afp/greecefinanceeconomystrike"><img src="http://d.yimg.com/a/p/afp/20100209/capt.photo_1265745591509-2-0.jpg?x=130&y=87&q=85&sig=3TYPR45BNgbxTW6097EAIw--" align="left" height="87" width="130" alt="photo" title="Greece's Finance Minister George Papaconstantinou arrives for a press conference in the Finance Ministry in Athens. Greece's government on Tuesday unveiled a hike in the average retirement age and called on striking civil servants to accept bonus cuts to pull the country out of an unprecedented financial crisis.(AFP/Louisa Gouliamaki)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/world_markets ap/20100209/world_markets AP business Tue, 09 Feb 2010 16:56:01 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/world_markets"><img src="http://d.yimg.com/a/p/ap/20100208/capt.4a71400196304a0aa60a9e8b7df8e3a0.wall_street_ath202.jpg?x=130&y=88&q=85&sig=t0W81imakNVSy4X6RWeHZQ--" align="left" height="88" width="130" alt="A man walks past a screen showing falling stocks at the Athens Stock Exchange, in red, in Greece on Monday, Feb. 8, 2010. Stocks traded mixed Monday as investors remained wary about the strength of the economic recovery and mounting debt in Europe. (AP Photo/Petros Giannakouris)" border="0" /></a>AP - European and U.S. markets rose Tuesday, with Greece leading the charge, on hopes that EU officials will provide the eurozone's most heavily indebted economies with some form of support.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/world_markets"><img src="http://d.yimg.com/a/p/ap/20100208/capt.4a71400196304a0aa60a9e8b7df8e3a0.wall_street_ath202.jpg?x=130&y=88&q=85&sig=t0W81imakNVSy4X6RWeHZQ--" align="left" height="88" width="130" alt="photo" title="A man walks past a screen showing falling stocks at the Athens Stock Exchange, in red, in Greece on Monday, Feb. 8, 2010. Stocks traded mixed Monday as investors remained wary about the strength of the economic recovery and mounting debt in Europe. (AP Photo/Petros Giannakouris)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/eu_greece_financial_crisis ap/20100209/eu_greece_financial_crisis AP business Tue, 09 Feb 2010 16:52:05 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/eu_greece_financial_crisis"><img src="http://d.yimg.com/a/p/ap/20100209/capt.db68ecb1fac348cd8641c1930df980ae.greece_financial_crisis_ath104.jpg?x=130&y=84&q=85&sig=t644QeWnln_oCzVg5dtM7Q--" align="left" height="84" width="130" alt="People look the exchange rates in a bank in central Athens on Tuesday, Feb. 9, 2010. Europe's currency union faces an unprecedented crisis as markets and the euro currency have tumbled in recent weeks &mdash; with the euro trading at an eight-month low against the U.S. dollar &mdash; on worries that Greece might need financial rescue to cope with its soaring debt and deficit. (AP Photo / Thanassis Stavrakis)" border="0" /></a>AP - Greece took further steps Tuesday to calm global markets spooked by its debt crisis, pledging to increase retirement ages, accelerate reforms and reform its ineffective tax system, on the eve of the first nationwide strike against new austerity measures.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/eu_greece_financial_crisis"><img src="http://d.yimg.com/a/p/ap/20100209/capt.db68ecb1fac348cd8641c1930df980ae.greece_financial_crisis_ath104.jpg?x=130&y=84&q=85&sig=t644QeWnln_oCzVg5dtM7Q--" align="left" height="84" width="130" alt="photo" title="People look the exchange rates in a bank in central Athens on Tuesday, Feb. 9, 2010. Europe's currency union faces an unprecedented crisis as markets and the euro currency have tumbled in recent weeks &mdash; with the euro trading at an eight-month low against the U.S. dollar &mdash; on worries that Greece might need financial rescue to cope with its soaring debt and deficit. (AP Photo / Thanassis Stavrakis)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/eu_serbia_imf ap/20100209/eu_serbia_imf AP business Tue, 09 Feb 2010 13:57:48 GMT AP - An International Monetary Fund delegation opened talks with Serbia Tuesday to review whether the crisis-stricken country is adhering to the terms of a euro2.9 billion ($3.97 billion) standby loan. http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100209/bs_afp/greecefinanceeconomystrikelead afp/20100209/greecefinanceeconomystrikelead AFP business Tue, 09 Feb 2010 12:19:17 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100209/bs_afp/greecefinanceeconomystrikelead"><img src="http://d.yimg.com/a/p/afp/20100209/capt.photo_1265716322825-1-0.jpg?x=130&y=88&q=85&sig=sAQiGgwDdrT0UvXvRKpjPQ--" align="left" height="88" width="130" alt="Tourists walk past demonstrating former Olympic Airways employees outside the Labour Ministry in Athens on February 9. Greece's government on Tuesday unveiled a hike in the average retirement age and called on striking civil servants to accept bonus cuts to pull the country out of an unprecedented financial crisis.(AFP/Louisa Gouliamaki)" border="0" /></a>AFP - Greece's government on Tuesday unveiled a hike in the average retirement age and called on striking civil servants to accept bonus cuts to pull the country out of an unprecedented financial crisis.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100209/bs_afp/greecefinanceeconomystrikelead"><img src="http://d.yimg.com/a/p/afp/20100209/capt.photo_1265716322825-1-0.jpg?x=130&y=88&q=85&sig=sAQiGgwDdrT0UvXvRKpjPQ--" align="left" height="88" width="130" alt="photo" title="Tourists walk past demonstrating former Olympic Airways employees outside the Labour Ministry in Athens on February 9. Greece's government on Tuesday unveiled a hike in the average retirement age and called on striking civil servants to accept bonus cuts to pull the country out of an unprecedented financial crisis.(AFP/Louisa Gouliamaki)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/nm/20100209/bs_nm/us_usa_fed_dudley nm/20100209/us_usa_fed_dudley Reuters business Tue, 09 Feb 2010 00:22:10 GMT Reuters - A revamp of the financial system needs to be global in nature to prevent a repeat of the worst financial crisis in some 70 years, a top Federal Reserve policy maker said on Monday. http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100208/wl_sthasia_afp/indiaeconomygrowth afp/20100208/indiaeconomygrowth AFP world Mon, 08 Feb 2010 14:03:50 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100208/wl_sthasia_afp/indiaeconomygrowth"><img src="http://d.yimg.com/a/p/afp/20100208/capt.photo_1265620500734-2-0.jpg?x=130&y=86&q=85&sig=CsgCGUll8xMqVDw3fpayag--" align="left" height="86" width="130" alt="Indian farmers sell fruits and vegetables in Hyderabad on February 5. India's economy should grow 7.2 percent in the fiscal year ending in March, an official forecast said Monday, as the economy's recovery from the global financial crisis picks up speed.(AFP/Noah Seelam)" border="0" /></a>AFP - India's economy should expand by 7.2 percent this fiscal year, the government forecast Monday, as growth heads back to the robust levels seen before the global financial crisis.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100208/wl_sthasia_afp/indiaeconomygrowth"><img src="http://d.yimg.com/a/p/afp/20100208/capt.photo_1265620500734-2-0.jpg?x=130&y=86&q=85&sig=CsgCGUll8xMqVDw3fpayag--" align="left" height="86" width="130" alt="photo" title="Indian farmers sell fruits and vegetables in Hyderabad on February 5. India's economy should grow 7.2 percent in the fiscal year ending in March, an official forecast said Monday, as the economy's recovery from the global financial crisis picks up speed.(AFP/Noah Seelam)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/bw/20100208/bs_bw/feb2010bs2010025584882 bw/20100208/feb2010bs2010025584882 BusinessWeek business Mon, 08 Feb 2010 13:08:41 GMT BusinessWeek - Watching the financial crisis unfold over the last year, I was struck by how utterly tone-deaf the financial-services industry has become to the sentiments of an enraged public. Junior analysts and senior managing directors alike seem to be genuinely perplexed by why their industry is being ambushed about their compensation, lending practices, and political lobbying. However, Wall Street's obliviousness serves as a cautionary tale for MBA applicants, students, and even alumni. ... http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100207/ap_on_bi_ge/cn_finance_meetings ap/20100207/cn_finance_meetings AP business Sun, 07 Feb 2010 12:22:05 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100207/ap_on_bi_ge/cn_finance_meetings"><img src="http://d.yimg.com/a/p/ap/20100206/capt.747db155942d4d58a5467fc3e05da522.canada_g7_fxc112.jpg?x=130&y=95&q=85&sig=K1YhB6OtJdL9UHB7THSWfA--" align="left" height="95" width="130" alt="U.S. Treasury Secretary Tim Geithner, right, and Federal Reserve Chairman Ben Bernanke look on as they take part in G7 Finance Ministers talks in the Nunavut Legislative Assembly for their first formal talks in the Canadian northern community of Iqaluit, Nunavut,in Ontario Saturday, Feb. 6, 2010. (AP Photo/The Canadian Press, Fred Chartrand)" border="0" /></a>AP - Top international finance officials renewed their commitments to keep spending to support a global rebound while playing down differences over new U.S. approaches on bank reform.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100207/ap_on_bi_ge/cn_finance_meetings"><img src="http://d.yimg.com/a/p/ap/20100206/capt.747db155942d4d58a5467fc3e05da522.canada_g7_fxc112.jpg?x=130&y=95&q=85&sig=K1YhB6OtJdL9UHB7THSWfA--" align="left" height="95" width="130" alt="photo" title="U.S. Treasury Secretary Tim Geithner, right, and Federal Reserve Chairman Ben Bernanke look on as they take part in G7 Finance Ministers talks in the Nunavut Legislative Assembly for their first formal talks in the Canadian northern community of Iqaluit, Nunavut,in Ontario Saturday, Feb. 6, 2010. (AP Photo/The Canadian Press, Fred Chartrand)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100207/wl_uk_afp/financeeconomybritainuseubanking afp/20100207/financeeconomybritainuseubanking AFP world Sun, 07 Feb 2010 11:14:06 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100207/wl_uk_afp/financeeconomybritainuseubanking"><img src="http://d.yimg.com/a/p/afp/20100207/capt.photo_1265541159083-1-0.jpg?x=103&y=130&q=85&sig=wmogf8UOWh2ZhYcE.K.YfQ--" align="left" height="130" width="103" alt="Business Secretary Peter Mandelson, seen here in 2009, attacked the European Union on Sunday for failing to provide stronger international leadership on banking reform following the financial crisis.(AFP/File/Shaun Curry)" border="0" /></a>AFP - Business Secretary Peter Mandelson attacked the European Union on Sunday for failing to provide stronger international leadership on banking reform following the financial crisis.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100207/wl_uk_afp/financeeconomybritainuseubanking"><img src="http://d.yimg.com/a/p/afp/20100207/capt.photo_1265541159083-1-0.jpg?x=103&y=130&q=85&sig=wmogf8UOWh2ZhYcE.K.YfQ--" align="left" height="130" width="103" alt="photo" title="Business Secretary Peter Mandelson, seen here in 2009, attacked the European Union on Sunday for failing to provide stronger international leadership on banking reform following the financial crisis.(AFP/File/Shaun Curry)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100207/wl_canada_afp/economyfinanceg7canada afp/20100207/economyfinanceg7canada AFP world Sun, 07 Feb 2010 03:21:33 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100207/wl_canada_afp/economyfinanceg7canada"><img src="http://d.yimg.com/a/p/afp/20100207/capt.photo_1265511933726-1-0.jpg?x=130&y=91&q=85&sig=AzKUj.rk1JGrltFQgc40Ag--" align="left" height="91" width="130" alt="Japanese Finance Minister Naoto Kan takes a break from G7 ministerial talks to ride a dogsled on Frobisher Bay. Finance ministers from leading industrialized nations vowed to continue epic deficit spending to bolster a fragile global recovery at the end of G7 talks in Canada's far north.(AFP/Pool/Chris Wattie)" border="0" /></a>AFP - Finance ministers from leading industrialized nations vowed to continue epic deficit spending to bolster a fragile global recovery at the end of G7 talks in Canada's far north.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100207/wl_canada_afp/economyfinanceg7canada"><img src="http://d.yimg.com/a/p/afp/20100207/capt.photo_1265511933726-1-0.jpg?x=130&y=91&q=85&sig=AzKUj.rk1JGrltFQgc40Ag--" align="left" height="91" width="130" alt="photo" title="Japanese Finance Minister Naoto Kan takes a break from G7 ministerial talks to ride a dogsled on Frobisher Bay. Finance ministers from leading industrialized nations vowed to continue epic deficit spending to bolster a fragile global recovery at the end of G7 talks in Canada's far north.(AFP/Pool/Chris Wattie)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/nm/20100206/bs_nm/us_g7_usa_official nm/20100206/us_g7_usa_official Reuters business Sat, 06 Feb 2010 22:07:42 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/nm/20100206/bs_nm/us_g7_usa_official"><img src="http://d.yimg.com/a/p/rids/20100206/i/r2681466743.jpg?x=130&y=96&q=85&sig=wwx4vMTzsJMP2qb69uvclw--" align="left" height="96" width="130" alt="Treasury Secretary Tim Geithner (L) and Federal Reserve Chairman Ben Bernanke take part in a meeting at the G7 finance ministers' meeting in Iqaluit, Nunavut February 5, 2010. REUTERS/Chris Wattie" border="0" /></a>Reuters - Treasury Secretary Timothy Geithner insisted on Saturday that major economies were not easing up on their commitment to stiffen the rules for banks just because the global economy was recovering.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/nm/20100206/bs_nm/us_g7_usa_official"><img src="http://d.yimg.com/a/p/rids/20100206/i/r2681466743.jpg?x=130&y=96&q=85&sig=wwx4vMTzsJMP2qb69uvclw--" align="left" height="96" width="130" alt="photo" title="Treasury Secretary Tim Geithner (L) and Federal Reserve Chairman Ben Bernanke take part in a meeting at the G7 finance ministers' meeting in Iqaluit, Nunavut February 5, 2010. REUTERS/Chris Wattie" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100206/bs_afp/vietnamustradewto afp/20100206/vietnamustradewto AFP business Sat, 06 Feb 2010 21:39:31 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100206/bs_afp/vietnamustradewto"><img src="http://d.yimg.com/a/p/afp/20100206/capt.photo_1265503111875-1-0.jpg?x=82&y=130&q=85&sig=3QYkDbWxvTaSMNLJ1XBbwg--" align="left" height="130" width="82" alt="A worker pours fresh shrimp at a local seafood processing factory in the central Vietnamese province of Quang Binh in 2004. Vietnam has filed its first case over anti-dumping measures under World Trade Organisation rules since joining the body three years ago, official media reported.(AFP/File)" border="0" /></a>AFP - Vietnam has filed its first case over anti-dumping measures under World Trade Organisation rules since joining the body three years ago, official media reported.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/afp/20100206/bs_afp/vietnamustradewto"><img src="http://d.yimg.com/a/p/afp/20100206/capt.photo_1265503111875-1-0.jpg?x=82&y=130&q=85&sig=3QYkDbWxvTaSMNLJ1XBbwg--" align="left" height="130" width="82" alt="photo" title="A worker pours fresh shrimp at a local seafood processing factory in the central Vietnamese province of Quang Binh in 2004. Vietnam has filed its first case over anti-dumping measures under World Trade Organisation rules since joining the body three years ago, official media reported.(AFP/File)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/nm/20100206/bs_nm/us_g7_germany nm/20100206/us_g7_germany Reuters business Sat, 06 Feb 2010 17:08:29 GMT Reuters - Group of Seven officials agree banks must contribute toward the cost of dealing with the financial crisis but have not agreed on what specific instruments the banks should use, a German official said on Saturday. http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_st_ma_re/us_wall_street ap/20100205/us_wall_street AP business Fri, 05 Feb 2010 23:17:26 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_st_ma_re/us_wall_street"><img src="http://d.yimg.com/a/p/ap/20100205/capt.b437aa163b4147e59c4dfb869e9b189c.wall_street_nybm101.jpg?x=130&y=86&q=85&sig=89zaZ68aW2da5zj7o9blXw--" align="left" height="86" width="130" alt="Michael Omara, a trader with Barclays, reacts as he looks at a trading monitor on the floor of the New York Stock Exchange, Friday Feb. 5, 2010. Stocks fell modestly Friday following mixed news from the Labor Department's monthly employment report. (AP Photos/Bebeto Matthews)" border="0" /></a>AP - A battered stock market recovered from a sharp drop in late trading Friday but still posted its fourth straight weekly drop.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_st_ma_re/us_wall_street"><img src="http://d.yimg.com/a/p/ap/20100205/capt.b437aa163b4147e59c4dfb869e9b189c.wall_street_nybm101.jpg?x=130&y=86&q=85&sig=89zaZ68aW2da5zj7o9blXw--" align="left" height="86" width="130" alt="photo" title="Michael Omara, a trader with Barclays, reacts as he looks at a trading monitor on the floor of the New York Stock Exchange, Friday Feb. 5, 2010. Stocks fell modestly Friday following mixed news from the Labor Department's monthly employment report. (AP Photos/Bebeto Matthews)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/oil_prices ap/20100205/oil_prices AP business Fri, 05 Feb 2010 20:28:19 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/afp/20100209/capt.photo_1265740142487-1-0.jpg?x=130&y=86&q=85&sig=5M2afGrSySvOOvqmi.facQ--" align="left" height="86" width="130" alt="Kuwait City's banking complex is decorated with lights and the national flag in 2009. OPEC member Kuwait is projecting a 22.4 billion dollar budget deficit for the 2010-2011 fiscal year after raising spending by more than 33 percent, according to a draft budget seen on Tuesday.(AFP/File/Yasser al-Zayyat)" border="0" /></a>AP - Oil prices ended the week at the lowest level in nearly two months, weighed down by a stronger dollar and persistent doubts about the health of the global economy.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/afp/20100209/capt.photo_1265740142487-1-0.jpg?x=130&y=86&q=85&sig=5M2afGrSySvOOvqmi.facQ--" align="left" height="86" width="130" alt="photo" title="Kuwait City's banking complex is decorated with lights and the national flag in 2009. OPEC member Kuwait is projecting a 22.4 billion dollar budget deficit for the 2010-2011 fiscal year after raising spending by more than 33 percent, according to a draft budget seen on Tuesday.(AFP/File/Yasser al-Zayyat)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_commodities_review ap/20100205/us_commodities_review AP business Fri, 05 Feb 2010 20:26:59 GMT AP - Commodities fell again Friday as investors became increasingly pessimistic about the global economy. http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_jpmorgan_executive_pay ap/20100205/us_jpmorgan_executive_pay AP business Fri, 05 Feb 2010 20:13:09 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_jpmorgan_executive_pay"><img src="http://d.yimg.com/a/p/ap/20100205/capt.d911f7c5a83c4726a052f5307775fe06.jpmorgan_executive_pay_nybz145.jpg?x=88&y=130&q=85&sig=G5zPLcxXkjebzrphdMz_Rw--" align="left" height="130" width="88" alt="FILE - In this Feb. 3, 2009 file photo, James Dimon, chairman and CEO of JPMorgan Chase & Co., speaks at a Crain's New York Business forum. Dimon is getting a stock bonus valued at nearly $16 million for 2009, it was disclosed Friday, Feb. 5, 2010, after steering the big bank through the aftermath of the financial crisis. (AP Photo/Mark Lennihan, file)" border="0" /></a>AP - JPMorgan Chase & Co. CEO Jamie Dimon received a stock bonus valued at nearly $16 million for 2009 after steering the big bank through the aftermath of the financial crisis, the company said Friday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/globaleconomy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_jpmorgan_executive_pay"><img src="http://d.yimg.com/a/p/ap/20100205/capt.d911f7c5a83c4726a052f5307775fe06.jpmorgan_executive_pay_nybz145.jpg?x=88&y=130&q=85&sig=G5zPLcxXkjebzrphdMz_Rw--" align="left" height="130" width="88" alt="photo" title="FILE - In this Feb. 3, 2009 file photo, James Dimon, chairman and CEO of JPMorgan Chase & Co., speaks at a Crain's New York Business forum. Dimon is getting a stock bonus valued at nearly $16 million for 2009, it was disclosed Friday, Feb. 5, 2010, after steering the big bank through the aftermath of the financial crisis. (AP Photo/Mark Lennihan, file)" border="0"/></a></p><br clear="all"/> (AP)