BC-APFN-Business News Digest

Business News at 8:00 p.m.

The supervisor is Greg Stec (800-845-8450, ext. 1680). For photos, ext. 1900. For graphics and interactives, ext. 7636. Expanded AP content can be obtained from http://www.apexchange.com. For access to AP Exchange and other technical issues, contact customersupport(at)ap.org or call 877-836-9477.

If you have questions about transmission of financial market listings, please call 800-3AP-STOX.

A selection of top photos can be found at: http://bit.ly/APTopPhotos .

All times EST.

Editors: The business desk is closing and will reopen Friday at 6 a.m. This is a digest of stories moving overnight. If you have issues overnight please call 212-621-1600.

DEVELOPING Tuesday:

MARKETS & ECONOMY:

MORTGAGES-LATE PAYMENTS, HFR

Home loans made during the housing boom are declining as a share of all mortgages gone unpaid. The trend helped bring the national rate of late payments on home loans at the end of 2012 to the lowest level in four years, credit reporting agency TransUnion said Tuesday. By Alex Veiga.

Eds: The story may not be published, broadcast or posted online before 12:01 a.m. EST on Tuesday.

BUDGET DEFICIT

WASHINGTON ⿿ The Treasury reports on the budget deficit for January. The deficit widened to $292 billion in the first three months of the budget year, which began Oct. 1. But earlier this month, the Congressional Budget Office projected an annual deficit of $845 billion for 2013. If correct, that would mark the first time the deficit had fallen below $1 trillion during the Obama administration. By Martin Crutsinger.

AP Photos.

Eds: Report due at 2 p.m. EST

JOB OPENINGS

WASHINGTON ⿿ The government reports on JOLTS -- the Job Openings and Labor Turnover Survey -- for December. In November, the number of available jobs ticked up to a seasonally adjusted 3.67 million. That left 3.3 people competing for each opening, more than the 2-to-1 ratio typical in a healthy economy. Companies added a modest number of jobs in January, and the government said hiring was much stronger at the end of the year than it first estimated. By Christopher S. Rugaber.

1 2 3 Next › Last »