The Federal Aviation Administration said Thursday it is seeking $7.1 million from American Airlines for continuing to fly airliners ...
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Inflation is rising, but economists hope it will soon begin its steady decline.
Pacific Gas & Electric (PCG) this afternoon announced two contracts for a combined 800 MW of solar power. The two deals will provide 1.65 billion kilowatt-hours of electricity, enough to serve 239,000 residential homes. PG&E signed a deal for 550 MW of thin-film photvoltaic solar power with Topaz Solar Farms, a unit of OptiSolar, and a second deal for 250 MW with High Plains Ranch II,...
Banks borrowed slightly more over the past week from the Federal Reserve's emergency lending program while Wall Street firms ...
The former top lawyer for Apple agreed to settle federal charges against her that she helped to fraudulently backdate stock-option ...
Prices surge faster than they have in 17 years. What's a Fed chief to do?
Annelena Lobb reports: Goldman Sachs called a dollar bottom, and even used an exclamation point in their report so investors would know they mean it. “The dollar has bottomed!” analysts wrote. Deteriorating economies outside the U.S., including the euro zone, the U.K., Scandinavia, Australia, New Zealand, and Canada, some glimpses of stability in the U.S., and lower oil prices are a...
The U.S. economy is fighting headwinds from a severe credit crunch and will probably grow only modestly until easier credit is available, says Gary Stern, president of the Minneapolis Federal Reserve Bank and a voting member of the Federal Open Market Committee.
Social Security touches more lives than any other federal program but it faces long-term financial challenges that have been building for 25 years, and both candidates are being very careful about proposing too many specifics to fix it.
The former top lawyer at Apple on Thursday agreed to pay $2.2 million to settle federal regulators’ charges that she altered company records to conceal improper backdating of stock options for senior managers, including the chief executive, Steven P. Jobs. The Securities and Exchange Commission announced the settlement with the former Apple general counsel Nancy Heinen, [...]