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A Mess the 45th President Will Inherit; Taxpayers now stand behind derivatives clearinghouses. WSJ.com

President Obama's standard gripe is that the economy has performed so poorly during his term because of the financial crisis he inherited from George W. Bush. But this week it is Mr. Obama who has bequeathed to his successors a landmark in ...
Prostate Testing and the Death Panel; A free economy leads to life-saving innovations. A highly taxed and overregulated economy leads to government agencies that discourage their use. WSJ.com

A recent announcement by the U.S. Preventative Health Service can rather simply be summed up: Most men eventually get prostate cancer, but most don't die from it; those who do are mostly over 75 years of age, so that ends their continuing ...
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New Signs of Global Slowdown; Weak Reports in U.S., Europe and China Suggest Economies Are Slipping in Sync WSJ.com

New signs of a global slowdown are darkening the economic outlook. On Thursday, the U.S. reported that businesses were slowing their orders of computers, aircraft, machinery and other long-lasting goods. Measures of business sentiment in ...
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Heinz Can Escape Tight Squeeze Barrons.com

After H.J. Heinz pared its forecasts on Thursday, Wall Street analysts lost their taste for the ketchup-maker. Though sales in emerging markets are growing at a nice clip, lagging U.S. operations remain a big challenge for Heinz (ticker: ...
Australia's ASX Hits 6-Month Low WSJ.com

HONG KONG—Australia's benchmark index closed at a six-month low and the Shanghai Composite Index gave way for the 11th time in 15 sessions as investors focused on worries about the global economy.
Fed's Plosser: Need to Rethink Rule-Driven Policy as Economy Evolves WSJ Blogs

In a post-crisis economy where monetary policymakers are forced to think and act outside the box, using traditional models to guide policy decisions poses many challenges, a top Federal Reserve official said Friday.
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Bankia Seeks €19 Billion From Spanish Government WSJ.com

MADRID—Bankia SA is planning to ask for €19 billion in financial support from the Spanish government, people familiar with the situation said Friday, in what would represent the largest bank bailout in the country's history.
Getting the Best Refinancing Deal WSJ.com

There has never been a better time to refinance your mortgage. Rates are at record lows. The government is devising new programs to help homeowners. The economy and job market are improving, albeit slowly.
BMW To Increase Investment, Production in China WSJ Blogs

SHENYANG, China—BMW AG and its joint-venture partner Brilliance China Automotive Holdings Ltd. will invest €500 million ($628.6 million) to increase production capacity in China, the German car maker said Thursday, suggesting that ...
U.S. stocks waver on Europe fears MarketWatch

NEW YORK (MarketWatch) — U.S. stocks languished between modest gains and losses Friday, with Wall Street largely fixated on Spain, where regional banks are struggling with finances and yields that reflect the government’s borrowing costs ...
This week in Real Estate MarketWatch

Don’t miss these top stories: Frustrated borrowers seeking mortgage help New U.S. home sales climb 3.3% in April Sales of existing homes climb 3%
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China Pushes More Private Investment WSJ.com

BEIJING—China will encourage more private investment in state-controlled entities to aid their restructuring, in a move that suggests Beijing hopes to marshal nongovernment money to bolster the economy.
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Obama, Romney Toe to Toe; Poll Finds Economy Hurts President, but Rival Has Concerns WSJ.com

Voters remain deeply pessimistic about the nation's future and uncertain of President Barack Obama's ability to set the economy on the right course, according to a new Wall Street Journal/NBC News poll that found Mr. Obama locked in a tight ...
Airbus Production Slowdown May Spark Wider Worries WSJ Blogs

The decision by Airbus to ease back on production of its popular A320 jet-plane should sound warning shots for the airline industry and the global economy, for several reasons.
FTSE 100 inch higher; oil, vodafone rise MarketWatch

NEW YORK (MarketWatch) — London stocks ended a choppy session on a slightly positive note on Friday, as oil firms and Vodafone Group PLC moved higher.

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