Energy, health costs mask strong US economy: Paulson
U.S. Treasury Secretary Henry Paulson said on Friday that high energy and health care costs were interfering with Americans' ability to feel the benefits of a solidly growing economy.
Bush huddles with economic team as growth slows
President George W. Bush will wrap up conferring with his economic team on Friday on ways to keep the economy growing against a backdrop of higher interest rates, mixed data and fears of rising inflation.
Experts say new requirements could hurt pensions
Legislation approved by Congress could help undermine the future of traditional pensions if companies balk at tougher rules for maintaining them, financial and other experts say.
FDA, Barr to meet on morning-after pill status
U.S. health regulators will meet immediately with Barr Pharmaceuticals Inc. about the over-the-counter status of the Plan B contraceptive known as the morning-after pill, according to a report on cable network CNBC Monday.
Powerful US economic team takes shape after 5-1/2 years
The Bush administration finally is on the verge of assembling a powerhouse economic team, headed by a Wall Street heavyweight able to set the terms for becoming its leader, after some 5-1/2 years in power.
Goldman investors see Blankfein taking over
Goldman Sachs Group Inc. shares fell on Tuesday after Chief Executive Henry Paulson said he was leaving to become the U.S. treasury secretary, but investors say his heir apparent, Lloyd Blankfein, could continue the bank's winning ways.
China’s Yuan Breaks Exchange Rate Barrier
China’s yuan valuation broke through an important symbolic barrier against the dollar on Monday after the central bank lowered the mid-point of its currency just under the 8.0 yuan per dollar exchange rate.
Gold Tops $700, at 25-year High
U.S. gold hit new 25-year highs on Tuesday on aggressive buying by investment funds, while oil soared as a letter from Iran's president to U.S. President George W. Bush failed to defuse tensions over Iran's nuclear program.
China's Hu pledges better Sino-US trade
Chinese President Hu Jintao pledged to President George W. Bush on Thursday that China will make more trade concessions and does not seek an excessive trade surplus with the United States.