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How to Call Washington's Budget Bluff
When President Obama sends his budget to Congress on Monday, he will meet the legal deadline for the first time in five years. But his budget promises to be as unanchored in reality as his State of the Union address, and presidential budgets have long been ...
Obama budget would fund public works program with tax on overseas profits  Washington Post
Obama targets foreign profits with tax proposal  Reuters India
China January HSBC factory PMI contracts for second month
SHANGHAI (Reuters) - Activity in China's factory sector shrank for the second straight month in January, a private business survey showed on Monday, as the new year got off to a rocky start for the world's second-largest economy.
Asia Stocks Drop as China PMIs Miss; Aussie Bonds Advance  Bloomberg
Yep, China's factory sector shrank in January  CNBC
Louisiana Squeezed as Oil Prices Drop
CUT OFF, La. - �The first thing you hear is, 'Can you cut 10 percent?' � explained Jimmy Lafont, whose towboat operation is one of the countless oil-field service companies spread across south Louisiana.
Goodrich scales back in TMS  McComb Enterprise Journal
Goodrich Petroleum cuts oil drilling in Miss., La.  Jackson Clarion Ledger
Oil Declines as U.S. Strike Seen Cutting Refinery Demand
(Bloomberg) -- Oil declined after the biggest increase since 2012 amid speculation a strike at U.S. refineries will curtail crude processing in the world's largest consumer.
UPDATE 2-Oil prices fall after last week's surge, strike action  Reuters
Oil strikes lowest level since 2009 in volatile week  The Nation
Feds Seek to Protect Consumers from Sneaky Payday Loans
Feds Seek to Protect Consumers from Sneaky Payday Loans Payday loans are, in essence, a quick fix solution to as common problem - payday's a while away, and there's no money.
Regulators ready first rules for short-term, high-rate payday loans amid ...  Fox Business
Regulators prepare rules on payday loans to shield borrowers  Salt Lake Tribune
McDonald's Gives Away Every Product Advertised During Super Bowl
Those following McDonald's during the Super Bowl might be in for a surprise. It all started with this tweet earlier today. So you may want to join us during the game�we're taking Lovin' to a whole different level!
Super Bowl ad: McDonald's to accept hugs, selfies as payment for some meals  Los Angeles Times
McDonald's: Pay with 'lovin' next time you visit us (VIDEO)  Q13 FOX
Two Eagles pilots get heroes' welcome
ALBUQUERQUE, N.M. - Troy Bradley and Leonid Tiukhtyaev received a grand heroes' welcome Sunday afternoon, as they walked through the Albuquerque Sunport and were greeted by a throng of people with congratulatory signs, a mariachi band, ...
Balloon pilots arrive in New Mexico after historic flight  Watertown Public Opinion
NM pilots cross Pacific in balloon  Elko Daily Free Press
Justice Department Investigating Moody's Investors Service
With its case against Standard & Poor's Ratings Services nearing the finish, the Justice Department has turned its attention to another credit-rating firm under fire for issuing rosy grades on mortgage deals in the buildup to the financial crisis.
WSJ: Justice Department To Probe Moody's Over Rosy Credit Ratings  Nasdaq
Moody's Ratings During Boom Get Renewed Interest by U.S.  Bloomberg
GM''s Victims Fund Gets Late Rush
The cost of General Motors Co.'s victims-compensation fund isn't expected to exceed the $400 million to $600 million the auto maker set aside to pay those killed or injured on account of faulty ignition switches, but it will take weeks for the fund to sort through ...
More than 3300 crash claims filed against GM as window closes  CNNMoney
Marlboro Maker Altria's 4Q Profit More Than Doubles
Marlboro maker Altria Group Inc.'s profit more than doubled in the fourth quarter on higher cigarette prices and lower costs for paying down debt.
U.S. Tobacco Industry Suffers Slow Death: Altria Trading At Premium Despite ...  Seeking Alpha (registration)