RSS Feed Alerts
Fed Sees Weak Economy All Over, Leaves Key Rate Alone (Jun-23, 15:47 EDT )-- The Federal Reserve left a key rate unchanged, noting that there were signs of weakness throughout the economy.
Problem With Cap Causes More Oil to Gush in Gulf (Jun-23, 15:09 EDT )-- BP suffered a setback when a discharge of liquid and gases forced it to remove the containment cap.
'Time' Magazine: The Last Of The Big Newsweeklies (Jun-23, 15:00 EDT )-- With profits and a growing circulation, the 87-year-old Time magazine is holding out against the assertion that big weekly newsmagazines -- printed on paper -- are a thing of the past.
Stocks End Mixed After Fed Leaves Rates Steady (Jun-23, 14:40 EDT )-- Early gains after the opening bell disappeared after a report showed a big drop in U.S. new-home sales.
Judge Who Stuck Down Moratorium Invests In Oil (Jun-23, 14:00 EDT )-- The federal judge who struck down the Obama administration's six-month moratorium on deepwater oil drilling has a number of investments in oil- and gas-related companies. Questions are now being raised about whether Judge Martin Feldman's decision...
Auto Dealers Likely To Be Exempt From Oversight (Jun-23, 14:00 EDT )-- Lawmakers will likely exclude auto dealers from oversight by a new watchdog aimed at protecting borrowers from abusive lenders, the Consumer Financial Protection Bureau. Robert Siegel talks with Adam Levitin, a law professor at Georgetown University,...
Fed Leaves Rates Unchanged, Citing Overseas Threats (Jun-23, 13:58 EDT )-- The Federal Reserve’s policy-making arm decided to keep short-term interest rates near zero for “an extended period.â€
A Rotten Apple or Just Sour Grapes? (Jun-23, 13:50 EDT )-- Once dismissed by larger, more successful companies, Apple now finds itself in the bewildering position of being viewed as an anticompetitive industry bully.
Update: Spitzer, Parker Will Host New CNN Prime-Time Show (Jun-23, 13:23 EDT )-- Eliot Spitzer, until very recently known primarily as the disgraced former governor of New York, will formally re-emerge as a regular television personality as the host of new prime-time news discussion program on CNN next fall.
The Excessive Rates for Hybrid Rental Cars (Jun-23, 13:14 EDT )-- Rental car companies generally charge more for hybrid rentals. How big are the premiums and why do they exist?
House Drops Demand for Bank-Paid Liquidation Fund (Jun-23, 13:10 EDT )-- House negotiators working on an overhaul of the financial system agreed to leave out a $150 billion fund that would have been used to liquidate large institutions.
New Home Sales Drop to Record Low in May (Jun-23, 12:58 EDT )-- Sales of new single-family homes tumbled more than expected as the effects of a tax credit faded.
Prisoners Take Advantage Of Home-Buyer Tax Credit (Jun-23, 12:27 EDT )-- A new report from the Treasury Inspector General for Tax Administration reveals an estimated 1,300 prisoners collected first-time home-buyers credit from behind bars. The report also found 67 people claimed the credit on the same address.
BP Removes Containment Cap At Gulf Spill Site (Jun-23, 11:22 EDT )-- The Coast Guard said the oil company removed the cap after an underwater robot bumped into the venting system, sending gas through the vent.
Beijing Keeps a Tight Rein on Currency’s Rise (Jun-23, 11:20 EDT )-- The Chinese central bank set a key rate for the renminbi at a level that appeared designed to signal only a gradual appreciation of the currency against the dollar.
Surveys Cast Doubt on Durability of Euro-Zone Recovery (Jun-23, 07:37 EDT )-- Key business surveys showed dimming confidence about prospects for growth in economies that are pressing ahead with austerity measures.
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