CHATHAM, MASS. -- Federal Reserve Chairman Ben Bernanke stepped up pressure on Congress on Friday to overhaul financial regulation, using his bully pulpit to try to provide a boost to plans that have moved slowly on Capitol Hill.
A seven-month-old government program to help homeowners with little or no equity refinance their mortgages has so far reached fewer than 3 percent of those targeted, with many struggling borrowers deciding that the benefits of a new loan aren't worth the closing costs.
LONDON-- The British economy sank deeper into its longest recession on record, with figures released Friday showing an unexpected fall in third-quarter gross domestic product that dashed hopes of a long-awaited turnaround here.
Climate legislation took a small step forward late Friday night as Senate Environment and Public Works Committee Chairman Barbara Boxer (D-Calif.) issued a version that includes big benefits for farmers, provisions for deficit reduction and a ceiling on carbon prices.
ACOMA, N.M.-- Uranium from the Grants Mineral Belt running under rugged peaks and Indian pueblos of New Mexico was a source of electric power and military might in decades past, providing fuel for reactors and atomic bombs.
William Marston is interested in making a transition into the federal government and using his background in the banking industry. But he's not really sure how to start.
A modestly sized office tucked in the leafy northern corner of Baltimore might seem an unlikely perch from which to crack into the big-bucks video-game industry, but that's what Kalypso Media USA is setting out to do. Having opened its doors in June, the firm just launched its first title, a...
With job security sagging even in traditionally stable industries, many Americans, by choice or necessity, are leaving the corporate cocoon to start their own businesses. Brian Headd, an economist at the Small Business Administration, says that the number of one-person operations rises when the...
The Federal Reserve joined the Treasury Department on Thursday in imposing new limits on executive pay, extending the government's control over compensation at taxpayer-owned companies to institutions that are merely government regulated.