A late-day surge left stocks with modest advances Thursday as a jump in the price of oil lifted energy companies and offset weakness in bank shares.

Oil prices topped $54 a barrel Monday, getting a boost from stock investors who seemed hopeful a new plan to resolve the nation's banking crisis would spur

Wall Street turned lower Thursday after a report on jobless claims gave mixed messages about the state of the economy.

Businesses slashed inventories at the wholesale level for a fifth straight month in January, the longest stretch since the last recession in 2001 and a warning signal that

Shares of stem-cell therapy developers continued gaining ground Monday after President Obama said he would overturn restrictions on federal funding for embryonic stem cell

A private measure of the services sector shrank in February for the fifth straight month as layoffs mounted, the recession deepened and the outlook for any recovery this year grew

Major automakers' U.S. sales continued their deep slump in February, putting the industry on track for its worst sales month in more than 27 years.

President Barack Obama's first budget plan moves aggressively on several fronts to tackle climate change and shift the nation from reliance on foreign oil to green energy.

Americans' already battered confidence in the economy went into free fall in February, sinking to new lows as consumers grow more fearful over massive job cuts

President Barack Obama told the nation's governors the administration is quickly releasing $15 billion from the stimulus package to help them cover soaring

The number of laid-off workers receiving unemployment benefits has jumped to an all-time high near 5 million while new jobless claims remain well above

The dollar climbed against most major currencies Wednesday as President Barack Obama unveiled a $75 billion mortgage relief plan.

Nearly 5 million Americans continued to draw jobless benefits late last month, and new requests again exceeded 600,000 as companies lay off scores of workers

Economic stimulus legislation at the heart of President Barack Obama's recovery plan is on track for final votes Friday in the House and Senate after a

Oil prices slid closer to a new multiyear low Thursday because of growing doubts that the $789 billion stimulus package will reinvigorate the economy and demand for energy.