by Charles Mead | Apr 28, 2011 | Business & Tech, Topics
WASHINGTON — The Federal Reserve has swung its focus to rising prices, signaling little chance the central bank would begin extra action to spur job growth and lower unemployment. Inflation, or a general rise in prices, was listed 11 times in Wednesday’s...
by Charles Mead | Apr 27, 2011 | Business & Tech
WASHINGTON — The average American may be paying 36 percent more for a gallon of gas than he or she did last year, but Federal Reserve Chairman Ben Bernanke will likely tell reporters on Wednesday that prices in the U.S. are under control. That’s because the...
by Charles Mead | Apr 21, 2011 | Business & Tech
WASHINGTON — Debt-ridden European nations such as Greece may need further access to bailout funds as European officials maintain that default is a non-starter. “Restructuring the debt is not an option that is on the table,” Joao Vale de Almeida, the...
by Charles Mead | Apr 13, 2011 | Business & Tech, Topics
WASHINGTON — U.S. President Barack Obama has called for tax increases on higher-income Americans and a “fail-safe” mechanism to prompt automatic spending cuts to reduce the country’s surging debt levels. “We cannot afford $1 trillion...
by Charles Mead | Apr 7, 2011 | Business & Tech
WASHINGTON — More than four years ago, Bill Gates, Microsoft Corp.’s co-founder, asked Congress to fix a “terrible shortfall” in the supply of visas for high-skilled foreign workers. Nothing happened. Now, technology firms warn that continued inaction may...
