| Jul 15, 2013
| 3:44 PM
Iranian President-elect Hassan Rouhani has accused his soon-to-be predecessor, Mahmoud Ahmadinejad, of provoking fights within the leadership and driving the economy into crisis, signaling that he will focus on the country’s domestic troubles when...
| Jul 16, 2013
| 2:21 PM
TEHRAN -- More than 200 steelworkers staged a demonstration Tuesday in front of the Iranian parliament, protesting layoffs and unpaid salaries in an illustration of the daunting economic challenges facing President-elect Hassan Rouhani.
One of the laid-...
| Aug 30, 2013
| 6:52 AM
WASHINGTON -- Consumers opened their wallets less last month as their income growth slowed, the government said Friday, raising doubts about a significant pickup in the economic recovery in the second half of the year.
Consumer spending rose 0.1% in...
| Jul 16, 2013
| 6:34 AM
WASHINGTON -- Sharply higher prices at the gas pump led to the biggest jump in inflation since the winter, the Labor Department said Tuesday.
The Consumer Price Index rose 0.5% in June after just a 0.1% increase in May. Gasoline prices were the major...
| Jul 31, 2013
| 11:39 AM
WASHINGTON -- Federal Reserve policymakers voted Wednesday to hold steady on short-term interest rates and the central bank's bond-buying program, but indicated that they expected economic growth to pick up.
Following a two-day meeting, the Federal Open...
| Jul 29, 2013
| 7:19 AM
WASHINGTON -- President Obama said his pick for the next head of the Federal Reserve would need to focus on both parts of the central bank's dual mandate -- keeping inflation in check and promoting maximum employment -- while helping improve the lives...
| Jun 28, 2013
| 9:09 PM
Let us now praise one of the many legacies that prove that, in addressing its citizens' economic dignity, the America of the Thirties was smarter and more humane than the America of today.
The example at hand is the minimum wage law.
| Mar 7, 2013
| 2:00 AM
Even in death, Venezuelan strongman Hugo Chavez will be a powerful force guiding his countrymen to elect Vice President Nicolas Maduro to replace him.
Some call the widely predicted victory of Chavez’s handpicked successor a “sympathy vote&...
| Mar 18, 2013
| 2:13 PM
Southern California Edison submitted an analysis to federal regulators showing that one of the two reactor units at the shuttered San Onofre nuclear plant could operate safely at full power for almost a year. The plant has been shuttered since......
| Feb 13, 2013
| 7:13 PM
An advocacy group filed a complaint Wednesday with the California Public Utilities Commission alleging that Southern California Edison manipulated inflation calculations to recover more money from ratepayers for defective replacement steam generators at...
| Jun 21, 2013
| 1:33 PM
How much of the stock market is made up purely of hot air?
I'm guessing 4%.
That's roughly how much the Dow Jones Industrial Average lost in sell-offs Wednesday and Thursday before it leveled off Friday. Analysts say the drop was precipitated by...