By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - The Federal Reserve has sharply lowered its outlook for U.S. economic growth and thinks the unemployment rate won't fall much further this year.
In its updated quarterly forecast, the Fed lowered its
By The Associated Press
WASHINGTON (AP) - The Federal Reserve has taken many unprecedented steps in the past 3½ years to try to boost the U.S. economy and counter the effects of a financial crisis that triggered a painful recession. It has kept the short-term interest rate it
By ALICIA RANCILIOAssociated Press
NEW YORK (AP) - Hugh Jackman wants anyone with a cell phone to get a chance to break in to show business.
The actor is hosting New York's first installment of Tropfest, billed as the world's largest short film festival
By MICHAEL FELBERBAUMAP Tobacco Writer
RICHMOND, Va. (AP) - Sometimes a cigar isn't just a cigar.
From large hand-rolled cigars and smaller machine-made cigars to little cigars that are similar in size to cigarettes, there are nearly as many cigars as there
By LINDSEY TANNERAP Medical Writer
CHICAGO (AP) - The American Medical Association on Wednesday put its weight behind requiring yearly instruction aimed at preventing obesity for public schoolchildren and teens.
The nation's largest physicians group agreed
WASHINGTON (AP) - Below is the statement the Fed released Wednesday after its policy meeting:
Information received since the Federal Open Market Committee met in April suggests that the economy has been expanding moderately this year. However, growth in
By MARTHA WAGGONERAssociated Press
RALEIGH, N.C. (AP) - The first serious proposal to compensate victims of forced sterilization failed Wednesday when North Carolina legislators said they were not approving any money for them. One ardent supporter declared: "At this point, I
NEW YORK (AP) - Shares of Tesla Motors Inc. gained Wednesday after a Goldman Sachs analyst raised urged investors to buy shares of the electric car maker ahead of the delivery of its new Model S sedans.
THE SPARK: Analyst Patrick Archambault increased the six-
By DINA CAPPIELLOAssociated Press
WASHINGTON (AP) - The Democrat-controlled Senate defeated a bid Wednesday to block the Environmental Protection Agency from setting the first federal standards to reduce toxic air pollution from power plants.
By TOM RAUMAssociated Press
The shunned Simpson-Bowles deficit-reduction report is finally getting some love: from both the Obama and Romney camps.
Republican challenger Mitt Romney has been talking up the plan and criticizing President Barack Obama for