Economy News

Sens. John McCain and Barack Obama both left President Bush's financial bailout meeting at the White House after 5 p.m. Thursday with no apparent deal worked out.

Government data show the number of new applications for unemployment benefits jumped last week to its highest level in seven years due to the impact of Hurricanes Ike and Gustav and a weak economy.

Dubai developers threw a $20 million party Thursday complete with Hollywood celebrities Robert DeNiro and Charlize Theron and fireworks that lit up the evening sky.

Wall Street took a break from two days of steep selling to show a moderate advance Friday as energy, technology and financial stocks mostly rose.