Fed Favors Exit Strategy of Higher Rates Before Asset Sales, Minutes Show - Bloomberg

Federal Reserve policy makers began to coalesce last month on a strategy to reverse record monetary stimulus by first ending their reinvestment policy and later […]

Humana posts 22 percent 1Q earnings increase

Humana Inc. said Monday its first-quarter profit rose 22 percent as the health insurer benefited from enrollment gains in its Medicare offerings and lower health […]

Personal Spending in U.S. Increases 0.6%; Incomes Up 0.5% - Bloomberg

Consumer spending in the U.S. climbed in March as Americans spent more on food and fuel, indicating further income gains are needed to boost the […]

Obama: Failure to reduce debt will hurt economy

President Barack Obama on Tuesday promoted his plan to scale back spending without halting aid to education, energy and science, acknowledging to a town hall […]

Japan auto sales plunge after tsunami

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Video game makers win sales battle

The video game industry came out swinging … and won.
Video game publishers have been highly critical about how their sales are being tracked, saying […]

United scraps expansion plans because of oil

United Continental Holdings Inc. is scrapping plans to add flights this year, and says it will drop unprofitable routes because of rising fuel prices.
The announcement […]

A cautionary tale from Goldman Sachs

Insider-trading allegations against a former Goldman Sachs Group Inc. director serve as a cautionary tale for public corporations and their boards.
In particular, the episode raises […]

U.K. Retail Sales Rise at Fastest Pace in 10 Months on Post-Snow Rebound - Bloomberg

U.K. retail sales rose at the fastest pace in 10 months in January as consumer spending rebounded after the coldest December in a century, the […]

EPA rejects permit for U.S. Steel’s Granite City Works

The Environmental Protection Agency has rejected parts of an air permit issued by Illinois regulators for U.S. Steel Corp.’s Granite City Works and sent the […]