Fed did not intervene in FX market in Q3: NY Fed (Reuters)
U.S. monetary authorities did not intervene in the foreign exchange markets in the third quarter as the dollar fell broadly against major and emerging market currencies, the Federal Reserve Bank of New York said.
Federal deficit sets October record of $176.4B (AP)
The federal deficit hit a record for October as the new budget year began where the old one ended: with the government awash in red ink.
Buffett, Gates tell students worst is behind us (AP)
Capitalism is still alive and well, say the world's two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression.
LaHood to create panel to fix airline industry (AP)
Transportation Secretary Ray LaHood said Thursday he will create a special panel to come up with a plan to restore health to the ailing airline industry, which is losing billions of dollars, shedding jobs and blamed for using a business model that critics say undermines safety.
Vt. economy hits bottom; revenue forecast up a bit (AP)
Vermont's economy apparently is turning a corner but heading into a slow, painful recovery, state budget officials were told Thursday.