Falling bank stocks upend market rally as investors worry about rising levels of bad debt

NEW YORK — Nagging worries about banks upended a stock market rally Wednesday.

Talks on mortgage relief hit snag as credit union group rejects Senate proposal

WASHINGTON — Negotiations between the banking industry and Senate Democrats on a mortgage relief plan hit a snag Wednesday after a trade association representing credit unions said it could not endorse the proposal.

NY state tax worker accused of stealing taxpayers’ identities, running up $200,000 on accounts

TROY, N.Y. — A former New York state tax department worker was accused of stealing the identities of thousands of taxpayers and running up more than $200,000 in fraudulent charges.

Weyerhaeuser suspends company matches to employee, executive 401k retirement plans

FEDERAL WAY, Wash. — Weyerhaeuser is suspending company matches to employee 401k retirement plans.

Study: More undergrads take out pricey private student loans to pay for college

BERKELEY, Calif. — A study finds the number of college students taking out private student loans has risen sharply in recent years.

Spam, Kool-Aid, other staples in limelight as companies raise ad spending on low-price items

NEW YORK — The frill is gone.

Sheriff says Md. father who killed family, self nearly decapitated 3 kids; had $450K in debt

FREDERICK, Md. — A Maryland father who shot his wife and three children to death and then killed himself struggled with depression, had $450,000 in debt and nearly decapitated his kids after they had died, Frederick County Sheriff Charles Jenkins said Tuesday.

Group of colleges urges Congress to offer tuition aid, citizenship to many illegal immigrants

WASHINGTON — Wading into the politically charged immigration debate, a group of colleges and universities is urging Congress to give illegal immigrants tuition aid and a path to citizenship in light of efforts in several states to block them.

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