| Nov 4, 2013
| 7:06 AM
WASHINGTON -- A top Federal Reserve policymaker said Monday that low inflation meant there was no hurry to reduce a key central bank stimulus program, which has made "substantial progress" in lowering unemployment.
James Bullard, president of the...
| Nov 4, 2013
| 7:14 AM
SAN FRANCISCO -- Twitter has raised the price range for its hotly anticipated initial public offering to between $23 and $25 ahead of its initial public offering on Thursday.
The move shows demand for the shares are high from institutional investors....
| Oct 23, 2013
| 6:03 AM
WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan on Wednesday praised Janet L. Yellen, President Obama's nominee to be the next central bank chief, calling her "very bright" and saying he often would go to her to explain academic economics...
| Oct 22, 2013
| 10:00 AM
WASHINGTON -- After a lackluster September employment report, a top White House official warned Tuesday that the partial government shutdown led the labor market to worsen this month and probably cost the economy "a decent number of jobs."
| Oct 22, 2013
WASHINGTON — A top Federal Reserve policymaker said the central bank was unlikely to start reducing a key stimulus program for "a few months" because the partial government shutdown has muddied the economic picture.
Charles Evans, president of the...
| Oct 21, 2013
| 7:00 AM
WASHINGTON -- A top Federal Reserve policymaker said Monday the central bank was unlikely to start reducing a key stimulus program for "a few months" because the partial government shutdown has muddied the economic picture.
Charles Evans, president of...
| Oct 18, 2013
| 5:15 PM
The battle of the peanut butter cups is officially on, with Nestle versus Hershey. Nestle plans to release a Butterfinger peanut butter cup next year, starting a whole new candy feud for the world's candy cup connoisseurs to indulge in.
The candy looks...
| Oct 16, 2013
| 6:13 AM
WASHINGTON -- Billionaire investor Warren Buffett on Wednesday called the U.S. debt limit a "political weapon of mass destruction" and said both political parties should pledge never to use it as leverage because of the financial damage it can cause.
| Oct 14, 2013
| 2:11 PM
Jimmy Kimmel got some yucks from his audience the other night when he sent faux pollsters out to ask ordinary Americans which they preferred: “Obamacare” or the Affordable Care Act. Of course, they’re one and the same, but that didn&...
| Oct 10, 2013
| 12:32 PM
John Malone's Liberty Media Corp. has paid Comcast Corp. $417 million in cash to buy back shares in Liberty Media that Comcast held.
Comcast's interest in Liberty dates back to the Philadelphia-based cable company's sale 10 years ago of its stake in...
| Oct 2, 2013
| 4:26 PM
WASHINGTON — To Wall Street, the partial government shutdown is another unfortunate economic speed bump caused by partisan political fighting.
Failure to raise the debt limit, triggering a first-ever federal default, would be a brick wall on the...