Oil hits 7-week low on demand worries

Businesses owe $58 billion in withheld taxes

NEW YORK -- Home prices tumbled by the steepest rate ever in May, according to a closely watched housing index released Tuesday, as the housing slump deepened nationwide.

Gov't OKs bonds for mortgage market

Martin Crutsinger

WASHINGTON -- The Bush administration and federal banking regulators joined with the nation's four largest banks Monday to endorse a new way to pump money into the battered U.S. mortgage market.

Merrill to sell troubled assets, raise capital

SLC multilevel marketer settles defamation lawsuit

Eagle Mountain is seeking support from the Utah County Commission and the Alpine School District for a $1.5 million performance-based tax incentive to help bring an Associated Food grocery store and other businesses to the retail-starved north county city.

SLC prescription benefits manager names new exec -- Scrip World, a Salt Lake City-based national prescription benefits manager, promoted Bethe Price to director of operations.