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Asia stocks hit 4-month high as yen slides (Reuters)

Reuters - Asian stocks rose to a four-month high on Friday as some investors were inspired by positive U.S. and Japanese economic data to pick out bargains, with the shift to riskier assets weighing on the yen.

Data shows economic recovery still on track (Reuters)

Reuters - New U.S. claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.

SEC probing certain investment advisory firms: report (Reuters)
Reuters - The U.S. securities regulator is investigating investment advisory firms that channel investors' money into hedge funds, the Wall Street Journal reported.

Casey's in buyout talks with 7-Eleven (Reuters)
Reuters - Casey's General Stores Inc confirmed it was in buyout talks with convenience store operator 7-Eleven, which offered the company $40 per share in cash earlier this month.

U.S. crude jumps on Canada-U.S. pipeline shutdown (Reuters)

Reuters - U.S. crude for October jumped to near $75 on Friday after a leak forced Enbridge to shut down the biggest pipeline supplying Canadian oil to refineries in the Midwest and to a key storage hub in Oklahoma.

Stocks trade mixed to open busy earnings week
Stocks gave up early gains and turned narrowly mixed at the start of a busy week of earnings. The Dow reached a new trading high for the year, edging closer to 10,000.

Economists: The Great Recession is over, but ...
The nation’s top business economists have declared "the Great Recession of 2008-09 is over.” But they aren’t exactly popping champagne corks about what they see coming next.

Two Americans win Nobel economics prize

Elinor Ostrom became the first woman to win a Nobel Prize in economics, honored along with fellow American Oliver Williamson on Monday for analyzing economic governance .

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Job data: Stimulus aided teachers, laborers
Public school teachers are expected to be the big winners when states reveal for the first time how many jobs were created or saved during the first months of the $787 billion stimulus plan.