WASHINGTON — A federal judge ruled that regulators went too far in taking a huge stake in American International Group Inc. as part of its 2008 bailout, but he decided that damages weren’t warranted for the giant insurer’s former chief executive and other shareholders.
Industrial output fell in May, the sixth straight month without an increase as a strong dollar and lower oil prices continued to take a toll on a key sector in the nation's economy.
WASHINGTON — The recovery from the Great Recession has generated solid stretches of economic growth and job creation, but has failed to impress Federal Reserve policymakers enough to provide a key validation of the economy's strength — an interest rate increase.
In moving from London at the beginning of the year, Rose-Linn Jensen would have preferred to spend a year getting familiar with the Los Angeles area before buying a home.
With a simple declaration on its website, the Federal Communications Commission launched a new era of Internet oversight by touting that its tough regulations for online traffic were now in place.
A federal appeals court declined to halt implementation of tough new net neutrality regulations, paving the way for the rules to go into effect Friday.
Chief executives at the largest U.S. corporations lowered their outlook for economic growth and planned less spending and hiring amid reduced expectations for sales during the next six months, according to a new survey.
Cash-strapped consumers are being shown a new place to find money: their driveways.