The Dow average was up by more than 340 points as of early Monday afternoon. Investors were relieved to see European leaders agree on a Greece debt plan.
The 'tea party' can claim a major victory with the ouster of Utah's three-term incumbent Sen. Robert Bennett. But Utah's primary rules are odd, meaning the truer test may come May 18 in Kentucky.
Three-term Republican Senator Bob Bennett lost his reelection bid at the GOP nominating convention in Salt Lake City. Other Republican incumbents are feeling the Tea Party heat.
Will the bank tax proposed by the Obama administration really raise money to pay off TARP costs?
Many in the tea party movement in Utah aren't happy with Republican Sen. Robert Bennett, saying he's too moderate. They plan to vote their displeasure at the state GOP convention Saturday.
It may take nine more years for banks to dig out of the current home foreclosure backlog.
Europe could be in for some major belt-tightening to handle the Greek debt crisis, as well as problems in Spain, Portugal, and Ireland. That could slow US economic growth somewhat.
As the US Treasury sells some of its shares in Citigroup, it will make a profit, but the government bailout and financial crisis still are costly to America