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Airlines Report June Rise In Passenger Traffic

Some airline companies appear to be faring much better in gaining passenger traffic thanks to a soaring demand for air travel and limited carrier choices -- a trend that has given U.S. airlines wide leeway to maintain overcrowded planes and shoddy customer service.
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File photo shows the headquarters of mortgage lender Freddie Mac in McLean

US Mortgage Rates Hit New Low Of 3.62%

U.S. 30-year fixed-rate mortgages fell to a record low of 3.62 percent, its 10th such weekly record low in the last 11 weeks, following weak economic data, mortgage financier Freddie Mac said Thursday.
ECB President Mario Draghi leaves the European Council headquarters after a night of negotiations at a European Union summit in Brussels

ECB Cuts Interest Rates To Record Low

The European Central Bank, in a widely anticipated move aimed at limiting the number of euro zone nations falling into recession, on Thursday cut its main interest rate to a historic low of 0.75 percent and cut its overnight deposit and lending rates by 0.25 percentage points each, to 0 percent and 1.5 percent, respectively.
Higgs Boson Discovery

God Particle Creates Nobel Prize Row

Even before the excitement over the discovery of the Boson-like particle could die down, scientists seem to be clamoring for their pound of flesh in staking their claim for the particle discovery, and thereby the Nobel Prize.
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Diamond Denies Gov't Told Barclays To Manipulate Libor Rate

Former Barclays boss Bob Diamond testified Wednesday before the British Parliament's Treasury Select Committee denying that anyone in the British government instructed the bank to manipulate the rate that determines the cost of trillions of dollars worth of loans and derivatives traded worldwide every day.

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