Stocks and Bonds: At the Close, Market Indexes Manage a Small Gain

Investors bought shares of firms bailed out by the government amid speculation that their balance sheets would substantially improve. » Read More

Proposal for European Monetary Fund Meets Resistance

Germany’s proposal to establish a European Monetary Fund ran into skepticism at home and abroad, highlighting the political and legal hurdles that such an undertaking would face. » Read More

5 States Posted Highs for Joblessness in January

Unemployment rose in 30 states in January, the Labor Department said, which was somewhat better than December, when 43 states reported higher jobless rates. » Read More

Board’s Decision to Close 28 Kansas City Schools Follows Years of Inaction

The decision to shutter 28 of its 61 schools reveals the depth of dysfunction in the chaotic, almost non-functioning Kansas City School Board. » Read More

Initial Jobless Claims Fall for 2nd Straight Week

A new report on weekly filings for first-time jobless claims was the latest indication of a slow recovery in the labor market. » Read More

Board Extends Deadline for Everglades Land Deal

A vote kept a deal alive to pay $536 million for land from United States Sugar, but officials said they continued to struggle with whether the agency could afford it. » Read More

As Fed Eases Loan Aid, Policy Challenges Arise

The Federal Reserve has ended nearly all of the lending programs it created in 2007 to combat the credit crisis, but in the coming months it must decide when and how to tighten monetary policy. » Read More

Draft on Payday Rules Loses a Provision

Senator Bob Corker wants a proposed bank agency to be more lenient toward nonbank companies, but some advocates say that would hurt consumers. » Read More