Noticeably absent from President Obama's latest economic-stimulus package are any further attempts to create jobs through "green" energy projects, reflecting a year in which the administration's original, loudly trumpeted efforts proved largely unfruitful. The long delays typical with environmentally friendly projects - combined with reports of green stimulus funds ...
The nation's economic outlook improved Thursday as the government reported big drops in the nation's trade deficit in July and a large decline in claims for unemployment benefits last week. Investors were particularly focused on the jobs outlook, as weak growth in employment and incomes has stymied hopes for ...
BOISE, Idaho | Sen. Michael D.
While the formal end of summer is still a tad away, the Labor Day weekend and back to school signal a return to business as usual for most if not all of us. For us investors, that means taking stock of recent data and interpolating what that collection means. ...
With interest rates near zero and the Federal Reserve already owning a large share of the mortgage and Treasury securities markets, many investors fear the central bank may be out of ammunition should the economy take a serious turn for the worse. But Fed-watchers say the central bank, despite ...
OPINION/ANALYSIS: Contrary to the news flow, it's been a rather quiet week for me. One that reminds me of crickets, not so much because of the noise crickets make but the absence of other noise that lets you hear the crickets. With some slack in the schedule, I thought ...
The former chief of failed investment giant Lehman Brothers told a Capitol Hill panel investigating the financial crisis that the Wall Street firm could have been rescued, but regulators refused to help -- even though they later bailed out other big banks. Richard S. Fuld Jr.
Allergan Inc., the maker of wrinkle-smoothing Botox, has agreed to pay $600 million to settle a lengthy federal investigation into its marketing of the top-selling, botulin-based drug. The Justice Department and the company said Wednesday in a statement that Allergan will plead guilty to one misdemeanor charge of "misbranding," ...
MINNEAPOLIS (AP) — The Justice Department said Friday that it has no more antitrust concerns about the deal that would combine United and Continental into the world's largest airline.
The Securities and Exchange Commission on Wednesday handed labor and social-activist groups a big victory by approving rules making it easier for them to put allies on corporate boards throughout the country. The measure was approved on a 3-2 vote by a divided commission, with Republican members warning that ...