Tim Geithner is considering leaving his post as Secretary of the Treasury after a deal to raise the debt ceiling is reached, a source familiar with the discussion told CNN Thursday. Business and financial news – CNNMoney.com
Stocks were on track to end the first half of the year solidly higher Thursday, as investors were more than happy to bid good riddance to a turbulent six months. Business and financial news – CNNMoney.com
The Senate will forgo its scheduled recess for the week of July 4 to work on legislation to raise the debt ceiling and cut the deficit, Senate Majority Leader Harry Reid said Thursday. Business and financial news – CNNMoney.com
U.S. stocks closed higher for a third day on Wednesday, as bank shares boosted the broader market following Bank of America’s .5 billion settlement over mortgage securities claims. Business and financial news – CNNMoney.com
California lawmakers approved a billion budget late Tuesday that imposes deep spending cuts but does not extend tax hikes. Business and financial news – CNNMoney.com
The Senate will officially take up three trade deals and a scaled-back version of a jobs retraining program for laid-off workers on Thursday. Business and financial news – CNNMoney.com
Google on Tuesday unveiled Google+, yet another attempt by the search giant to overcome its past miscues in social networking space. Business and financial news – CNNMoney.com