• Wall Street

President Barack Obama speaks at a campaign grassroots event at the Iowa state fairgrounds, in Des Moines, Iowa, Thursday, May 24, 2012. (AP Photo/Nati Harnik) 

Obama off on thrifty spending claim

The White House is aggressively pushing the idea that, contrary to widespread belief, President Barack Obama is tightfisted with taxpayer dollars.  The problem with that rosy claim is that the Wall Street bailout is part of the calculation.

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    • Wall Street
    HP to cut 27,000 jobs to save up to $3.5B annually

    Hewlett-Packard plans to jettison 27,000 workers as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company

    2 panels to launch review of Facebook IPO

    Two congressional panels are reviewing Facebook's high-profile stock offering last week amid allegations that the bank handling the IPO may have provided only

    Oil drops below $90 for 1st time since Nov. 1

    The price of oil has dropped below $90 for the first time in nearly seven months as U.S. supplies continue to grow.

    Iran nuclear talks snag over dueling demands

    Iran and six world powers exchanged dueling proposals Wednesday in a tug of war over Tehran's nuclear program that pits international concerns about the

    Regulators probe bank's role in Facebook IPO

    Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week,

    Small dairies go under as milk prices sink again

    The MacLaren brothers are third-generation dairy farmers, but they will likely be the last in their family.

    Stocks end mixed after Greek worries resurface

    Just how nervous are investors about Greece? All it took to derail a day of stock market gains was a headline saying that Greece was preparing to leave the

    UN nuclear chief: Deal with Iran reached on probe

    Despite some remaining differences, a deal has been reached with Iran that will allow the U.N. nuclear agency to restart a long-stalled probe into suspicions

    Market breaks losing streak, with China's help

    Forget Facebook. This is still Apple's stock market. Apple — the world's most valuable company, the innovator that revolutionized the cell phone — climbed

    Say what? Kraft's new name elicits jokes

    "MONDEWHAAAAT?" The sarcasm was palpable in the one-word headline that appeared in The New York Post on the day after Kraft Foods revealed that it planned to

    Where are Facebook friends? Stock sinks on 2nd day

    Facebook was supposed to soar. Instead, it plunged.

    Gasoline prices continue to fall

    The latest Lundberg Survey finds gasoline prices have dropped six cents over the past two weeks, putting the nationwide average for a gallon of regular at

    America expands once again digitally

    The metaphor is an easy one, overused and perhaps even a bit overwrought. We are forging forward into a digital frontier, leaving convention behind, traveling

    Obama: More Wall St. reform needed

    President Barack Obama says the big trading loss at JPMorgan Chase shows the need for Congress to put more teeth into Wall Street reforms intended to prevent

    Stocks fall on Europe worries; Facebook debuts

    It's going to take more than Facebook's initial public offering to push the stock market higher. Facebook shares rose 23 cents above their $38 offering price.

    Facebook stock up slightly in public debut

    After an anxiety-filled half-hour delay, its stock began trading on the Nasdaq Stock Market for the first time as investors were finally able to put a dollar

    • Saving Money

    Oil prices hit lowest levels of 2012

    The price of oil has dropped below $90 for the first time in nearly seven months…

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