AT&T Inc. has agreed to pay $25 million to settle an investigation into data breaches at call centers in Mexico, Colombia and the Philippines that led to the disclosure of personal information of about 280,000 U.S. customers, federal regulators said Wednesday.
A top Federal Reserve official said Monday that last month's weak job growth probably was temporary, part of a first-quarter economic slowdown triggered by unusually bad winter weather in the Northeast and Midwest.
Initial jobless claims unexpectedly fell sharply last week to near their post-Great Recession low in a sign that the labor market remains healthy.
Hiring by U.S. businesses slowed sharply last month to 189,000, the worst performance in more than a year and another indication of sluggish economic growth over the winter.
A top Federal Reserve policymaker said some of the recent economic weakness probably was caused by bad weather and insisted that a “strong” case for raising interest rates in June still exists.
Consumer spending barely increased in February as bad weather kept many shoppers in their homes -- and particularly out of auto showrooms -- despite another solid increase in incomes.
The nation's biggest broadband providers oppose tough net neutrality regulations because they want “unfettered power” over the Internet, the head of the Federal Communications Commission said Friday.
Payday lenders complained loudly that tough new federal regulations proposed for their industry would force many operators to shut down and leave cash-strapped consumers with fewer options for getting short-term loans.