Saturday, August 23, 2014
U.S. Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.
Venezuelan President Nicolas Maduro has announced plans to introduce fingerprint scanners at supermarkets in a bid to stop food smugglers he blames for the crippling shortages gripping the country.
Protests unfolded peacefully Thursday in a Missouri town, and National Guard troops withdrew, 12 days after the fatal police shooting of a black teenager that led to racially-charged unrest.
The federal government is finalizing new restrictions on hundreds of medicines containing hydrocodone, the highly addictive painkiller that has grown into the most widely prescribed drug in the U.S.
A trade group for the nation's big airlines predicts that air travel over the Labor Day weekend will rise 2 percent from the same holiday last year.
Discount chain Family Dollar rejected a US$9.7 billion takeover bid by larger rival Dollar General Thursday, saying the tie-up could run afoul of U.S. anti-monopoly rules.
A news report out Thursday indicated that Microsoft is poised to give the world a glimpse at a new-generation computer operating system that will succeed Windows 8.
Ford is recalling more than 160,000 vehicles in North America for two safety issues.
Friday, August 22, 2014
The government has reached a US$16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday.