U.S. employees can expect median pay increases of 2.5% in 2010, the lowest planned increase in the last decade. A Hay Group survey says the rise…

President Barack Obama singled out financial institutions for causing much of the economic tailspin and criticized their opposition to tighter federal oversight of their industry.

The House passed the most ambitious restructuring of federal financial regulations since the New Deal on Friday, aiming to head off any replay of last year’s Wall Street failures that plunged the nation deep into recession.

The House passed the most ambitious restructuring of federal financial regulations since the New Deal on Friday, aiming to head off any replay of last year’s Wall Street failures that plunged the nation deep into recession.

The House passed legislation Friday governing Wall Street, the biggest overhaul of laws covering banks and other financial institutions since the New Deal. Senate action is expected early next year.

The House of Representatives approved the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration and top Democrats in Congress.

The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:

The House passed the most ambitious restructuring of federal financial regulations since the New Deal on Friday, aiming to head off any replay of last year’s Wall Street failures that plunged the nation deep into recession.

The Dow and S&P 500 closed up for a third straight session on Friday after several solid consumer-related reports reinforced investors’ confidence in a steady recovery by the economy.