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Business News
Bernanke clarifies Fed plan to cut bond purchases
WASHINGTON (AP) -- A muddled message from the Federal Reserve has rattled investors for weeks....
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GAO says airline merger would reduce competition
DALLAS (AP) -- A government review finds that the merger of American Airlines and US Airways would reduce competition on more than 1,600 routes traveled by more than 53 million passengers....
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Men's Wearhouse ousts founder, pitchman Zimmer
NEW YORK (AP) -- Men's Wearhouse doesn't like the way its founder looks anymore....
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How Fed policymakers affect the economy
The Federal Reserve's chief policymaking group, the Federal Open Market Committee, has vast power over the economy through its ability to set monetary policy....
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Fed's moves to aid economy since financial crisis
WASHINGTON (AP) -- The Federal Reserve has taken many unprecedented steps in the past four 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 controls at a record low near zero since December 2008....
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