Poll: Obama benefitting from improving economy (AP)
AP - President Barack Obama is reaping political benefits from the country's brighter economic mood. A new poll shows that Republicans and Democrats alike are increasingly saying the nation is heading in the right direction and most independents now approve the way he's addressing the nation's post-recession period.
California Republicans back Democrat governor on pensions (Reuters)
Reuters - Republican lawmakers in California on Wednesday fully embraced Governor Jerry Brown's plan for overhauling public pensions and pressed his fellow Democrats, who control the state legislature, to back it as well.
Burned before, Fed officials cautious on rebound (Reuters)
Reuters - U.S. central bank officials have good reason to be skeptical about the strength of the economy: excessive optimism has caught them flat-footed before.
Home resales at 1-1/2 year-high, supply falls (Reuters)

A labourer selects wooden planks as he works at a residential construction site in Hefei, Anhui province February 18, 2012. China's home prices fell in January from December, marking the fourth monthly fall in a row and showing that the policy-driven property market downturn is deepening, which will add to worries about a hard landing in the world's second-largest economy. REUTERS/Stringer (CHINA - Tags: BUSINESS REAL ESTATE CONSTRUCTION EMPLOYMENT)Reuters - Home resales rose to a 1-1/2-year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector.
Dollar rises to 7-month high against Japanese yen (AP)
AP - The dollar rose to a seven-month high against the Japanese yen, a week after the Bank of Japan announced a surprise increase of its economic stimulus program.
'Occupy' to hold national conference in Philly (AP)
AP - A group of protesters affiliated with the Occupy Wall Street movement plans to elect 876 "delegates" from around the country and hold a national "general assembly" in Philadelphia over the Fourth of July as part of ongoing protests over corporate excess and economic inequality.
Summary Box: Bank of England split on stimulus (AP)
AP - STIMULATING DISCUSSION: Minutes of their last meeting showed Bank of England rate-setters were divided about injecting another 50 billion pounds ($79 billion) into the economy. Two members argued for a bigger stimulus.
Private jet shipments slip, but improvement seen (Reuters)
Reuters - Worldwide shipments of business jets and other private aircraft fell again last year, but billings rose modestly in a sign of improvement in a tough economy.
Euro zone teetering on brink of recession (Reuters)
Reuters - The euro zone economy is in danger of tipping into recession, with the services sector shrinking this month along with manufacturing, tempering a wave of optimism after a new bailout deal for Greece struck this week.
U.S. mortgage applications sagged last week: MBA (Reuters)
Reuters - Applications for U.S. home mortgages tumbled last week as demand for loan refinancing sagged, an industry group said on Wednesday.
European budget cuts and debt burdens, at a glance (AP)
AP - European budget cuts and debt burdens, at a glance
In Europe, spending cuts fail to ease debt burdens (AP)

FILE - In this Feb. 10, 2012 file photo, a protester is led away by police officers during a protest against sweeping labor market reforms announced by Spain's new conservative government in Madrid. Far from falling, government debt burdens are rising fastest in European countries that have enacted the most draconian austerity programs, according to the Associated Press’ Global Economy Tracker. (AP Photo/Pedro Acosta, File)AP - Europe has endured the pain of layoffs, wage cuts and tax increases designed to bring government debt under control.
1    2    Next