Fed says it will maintain pace of bond purchases
Martin Crutsinger, Associated Press |
posted 0 minutes ago
The Federal Reserve said Wednesday that it will maintain the pace of its bond-buying program to keep long-term interest rates at record lows. But it offered a more optimistic outlook for the U.S. economy and job market.
News Summary: 5 key health overhaul points to know
The Associated Press |
posted 0 minutes ago
Here are five key facts to know about the health care overhaul before major portions of it begin next year.
News Summary: Greece in talks to end TV crisis
The Associated Press |
posted 4 minutes ago
THE TALKS: Greece's governing coalition parties met for the second time in three days to try and end a political crisis triggered by the closure of state broadcaster ERT.
Comparing US Fed's views on economy, spending
Christopher S. Rugaber, Associated Press |
posted 10 minutes ago
A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting on April 30-May 1:
Thailand cuts rice subsidy price after $4.4B loss
Associated Press |
posted 10 minutes ago
Thailand will pay farmers 20 percent less for rice to stem losses from a much-criticized subsidy program that dislodged the country from its spot as the world's No. 1 exporter of the grain, a government minister said Wednesday.
%byline(By TOM MURPHY
Ap Business Writer, Associated Press |
posted 17 minutes ago
Still a little hazy about the health care overhaul? You have plenty of company.
Best Buy recalls batteries over fire risk
The Associated Press |
posted 20 minutes ago
Best Buy is recalling 5,100 replacement batteries for the MacBook Pro due to a fire risk.
Text of the Federal Reserve's statement Wednesday
Associated Press |
posted 24 minutes ago
Here is the statement the Federal Reserve released Wednesday after its two-day policy meeting:
Fed foresees lower US unemployment rate
Christopher S. Rugaber, Associated Press |
posted 32 minutes ago
The Federal Reserve expects the U.S. unemployment rate to fall faster this year and next than it did in March.
Correction: Dish-Sprint story
Associated Press |
posted 33 minutes ago
In a story June 18 about Dish Network Corp.'s announcement that it will not submit a revised bid to purchase Sprint Nextel Corp., The Associated Press reported erroneously that Softbank's competing bid for Sprint falls short of Dish's. In fact, the two offers are not directly comparable. Softbank is offering $21.6 billion for a 78 percent stake in Sprint. Dish is proposing to buy all of Sprint for $25.5 billion.
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