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Pelosi, McConnell give different views on stimulus (AP)

AP - Democratic House Speaker Nancy Pelosi on Monday urged state lawmakers to lobby for House-passed initiatives endangered in the Senate, while Senate GOP leader Mitch McConnell complained congressional Democrats were out of touch with voters.

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Pelosi, McConnell give different views on stimulus
(AP)

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Crane 2Q net income rises 44 percent (AP)

AP - Industrial manufacturer Crane Co. said Monday its second-quarter net income jumped 44 percent.

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Crane 2Q net income rises 44 percent
(AP)

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Summary Box: Treasury prices seesaw on home sales (AP)

AP - HOME SALES: The government said sales of new homes increased to an annual rate of 330,000 units in June, though it was the second-weakest month on record.

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Summary Box: Treasury prices seesaw on home sales
(AP)

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Electric car plant announced for Webster City (AP)

AP - A manufacturing company said Monday it plans to build electric cars in Webster City, a project that officials said will create up to 300 new jobs in the north-central Iowa community.

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Electric car plant announced for Webster City
(AP)

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Unemployment aid won’t be enough to boost recovery (AP)

AP - For jobless Americans struggling to pay their bills and keep their homes, the restoration of unemployment benefits could keep their crisis from getting worse.

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Unemployment aid won’t be enough to boost recovery
(AP)

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Homebuilder confidence at 15-month low (Reuters)

Reuters - Home-builder sentiment fell more-than-expected in July to the lowest level in more than a year after a popular home-buyer tax credit expired in April, the National Association of Home Builders said on Monday.

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Homebuilder confidence at 15-month low
(Reuters)

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First Horizon posts second quarter profit (AP)

AP - First Horizon National Corp. said Friday it returned to profitability in the second quarter, benefiting from improving credit quality.

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First Horizon posts second quarter profit
(AP)

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Austerity clouds outlook at Farnborough air show (AP)

AP - The slow global economic recovery and sharp cuts to national defense budgets are expected to blow a chill wind through the Farnborough International Airshow next week.

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Austerity clouds outlook at Farnborough air show
(AP)

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RBS may seek more after $100 million Goldman payout (Reuters)

Reuters - Royal Bank of Scotland may pursue Goldman Sachs for substantially more than the $100 million it received as part of a settlement over the marketing of a subprime mortgage product.

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RBS may seek more after $100 million Goldman payout
(Reuters)

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Obama to promote electric vehicles in Michigan (AP)

AP - Facing fresh criticism of his handling of the economy, President Barack Obama travels to Michigan on Thursday to promote investments in the electric vehicle battery industry, a sector the administration sees as a bright spot in the sagging recovery.

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Obama to promote electric vehicles in Michigan
(AP)

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