The state's 14% unemployment rate tops Michigan as construction employment crashes. North Dakota has the nation's lowest jobless rate.
S&P cites the challenges of the Gulf oil spill and the difficult political environment. The company may seek to borrow up to $10 billion.
The social-networking site is sold to Criterion Capital Partners perhaps for as little as $2.5 million.
Some of the largest US institutions may have to pay $2 billion in bonus taxes to British authorities. Goldman Sachs' bill may hit $600 million.
An indictment alleges the ex-CEO tried to steal $453 million in TARP funds and was a major reason for 2009's largest bank failure.
The bank will stop foreclosure proceedings until September because of the oil spill. 'Borrowers are hurting,' the bank says.
The numbers suggest that many smaller banks are still struggling from the residential and commercial real-estate busts.
The government's new estimate suggests the spill is 40% to 60% larger than believed. The flow is equal to the 1989 Exxon Valdez spill -- every four days.
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