Rich nations could tap strategic oil reserves if needed to ward off the risk that Middle East political unrest triggers an inflationary price spiral, Treasury Secretary Timothy Geithner said on Thursday.
The following is a transcript of a press conference on March 3, 2011 at the Georgia State Capitol with former House Speaker Newt Gingrich where he discusses an initiative to reduce the size of the federal government by creating a 'Tenth Amendment Implementation Act' and his plan to explore a possible presidential run in 2012.
The Federal Reserve Bank should continue to flood the economy with cheap money to fight high unemployment, but policymakers must stay on watch for signs of inflation, two top Fed officials said on Thursday.
Gold fell nearly 1.5 percent on Thursday, snapping a four-day winning streak as indications the European Central Bank may raise interest rates to battle inflation dented bullion's investment appeal.
The 2010 NHL champs visit the White House to meet the president.
Former House Speaker Newt Gingrich is testing support for a presidential run.
Johnson Controls Inc., the Wisconsin-based automotive interiors giant, came out on top on the most recent list of the 100 best corporate citizens in America.
Fleeing after years of war in Iraq, many refugees arriving in the United States can't find the jobs they need to rebuild their lives. Unemployment among Iraqi refugees is estimated at nearly three times the national average of 9 percent, and up to 2,000 of those who arrived in the past four years may have left for other countries.
Investors betting on a big gain in U.S. payrolls pushed Wall Street to its best one-day rally in three months on Thursday, but weak volume lingers as a concern for those hoping for another leg higher.
New Bing based website brings deals from Groupon, Living Social and others to one single platform.
Bill Gross, co-chief investment officer of PIMCO, the world's biggest bond fund manager, on Thursday urged lawmakers to cut the massive federal deficit but not so swiftly as to choke off the nascent U.S. economic recovery.
President Barack Obama said on Thursday the United States and Mexico had agreed on a way to solve a long-simmering cross-border trucking dispute that has hurt trade between the two neighbors.
Investors betting on a big gain in U.S. payrolls pushed Wall Street to its best one-day rally in three months on Thursday, but weak volume lingers as a concern for those hoping for another leg higher.
President Barack Obama said on Thursday the United States and Mexico had agreed on a way to solve a long-simmering cross-border trucking dispute that has hurt trade between the two neighbors.
Security forces loyal to Laurent Gbagbo, the country’s disputed president, have shot and killed at least six women who were attending a rally in support of his rival, Alassane Ouattara.
Stocks were up solidly on Thursday as investors were convinced the latest batch of economic data and falling oil prices could be strong catalysts to move the market higher.
The DreamWorks studio has optioned movie rights to a pair of books about WikiLeaks founder Julian Assange and his controversial Website that is bent on revealing government secrets, company officials said on Thursday.
The services sector grew at a slightly faster pace in February to another five-year high, according to an industry report released on Thursday.
U.S. stocks were up solidly on Thursday as investors were convinced the latest batch of economic data and falling oil prices could be strong catalysts to move the market higher.
Small U.S. firms began creating jobs in February after years in which employment was shrinking, the National Federation of Independent Business said on Thursday in the latest sign of firming job markets.
A beating by Los Angeles police of motorist Rodney King caught on video twenty years ago triggered a national debate on racism and police brutality, and prompted an investigation that laid the groundwork for closer civilian supervision of the Los Angeles Police Department.
Oil prices retreated from near 2-1/2 year highs on Thursday as traders took profits after Venezuela pitched a plan to resolve the Libyan crisis, despite deep skepticism about whether it would work.