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- U.S. home prices seen down over 40 percent: Barclays (Reuters)
- Fed holds policy steady, sees recession easing (Reuters)
- Weak US jobs data dashes quick recovery hopes (AFP)
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- California declares fiscal emergency over budget (Reuters)
- AIG's Alico set for Europe restructuring: letter (Reuters)
- Crabtree & Evelyn files for Chapter 11 protection (AP)
- For modest earners, relief repaying student loans (AP)
- Administration sends Congress consumer legislation (AP)
- Paulson to testify July 16 about BofA-Merrill deal (AP)
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