Federal Reserve governor defends QE3

WASHINGTON — U.S. Federal Reserve Board Gov. Jeremy Stein defended the Fed’s recently announced policy of the third round mortgage-backed security purchases and restated its priority is to lower the unemployment rate and boost the U.S. economy. Stein spoke...

One bright spot in jobs market: truck drivers

WASHINGTON — Workers may find it difficult to get a job, but there’s one industry where employers can’t hire fast enough: trucking. “We are absolutely seeing [a] driver shortage right now,” said Rod Suarez from the American Trucking Association, the largest national...