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Fed stands by stimulus, sees stronger US economy

March 21, 2013 • Business, National NewsComments (0)

A television screen on the floor of the New York Stock Exchange shows the news conference of Federal Reserve Chairman Ben Bernanke, Wednesday, March 20, 2013. In a statement after a two-day meeting, the Fed stood by its plan to keep short-term rates at record lows at least until unemployment falls to 6.5 percent, as [&hellip...

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Lew visit marks US-China re-engagement

March 19, 2013 • BusinessComments (0)

China’s President Xi Jinping, right, shakes hand with U.S. Ambassador to China Gary Locke as U.S. Treasury Secretary Jacob Lew watches from behind, during their meeting at the Great Hall of the People in Beijing Tuesday, March 19, 2013. (AP Photo/Andy...

Asia stocks mixed after Cyprus vote on bailout

March 19, 2013 • BusinessComments (0)

Protesters shout slogans during a protest outside of the parliament in Nicosia, Cyprus, Monday, March 18, 2013. A vote on a bailout package for Cyprus that includes an immediate tax on all savings accounts has been postponed until Tuesday evening. Yiannakis...

News ratings plummet with time change, longer days

March 19, 2013 • BusinessComments (0)

This 2009 photo released by NBC shows Brian Williams on the set of “Nightly News with Brian Williams,” in New York. ABC, CBS, NBC evening newscasts had 11 percent fewer viewers because of the time change and longer days. The Nielsen company says...

Cyprus in limbo after rejecting bank seizures plan

March 19, 2013 • BusinessComments (0)

Protester stand in front of a banner which reads “Cyprus Says No” during a crucial parliamentary vote on a plan to seize a part of depositors’ bank savings, in central Nicosia, Tuesday, March 19, 2013. The Cypriot government sought Tuesday...

Alaska Senate poised to begin debate on oil taxes

March 19, 2013 • BusinessComments (0)

Sen. Pete Kelly, R-Fairbanks, left, speaks with Sen. Bill Wielechowski during a break on the Senate floor on Tuesday, March 19, 2013, in Juneau, Alaska. Wielechowski, D-Anchorage, and other minority members asked questions about differences between different...

Transocean CEO: Rig workers should have done more

March 19, 2013 • BusinessComments (0)

Steve Newman, president and CEO of Swiss-based Trancocean Ltd., leaves Federal Court after testifying in New Orleans, Tuesday, March 19, 2013. Transocean was the owner of the rig Deepwater Horizon, which was being operated under contract to BP when BP’s...

Fla. man charged in NY $8M Facebook shares fraud

March 19, 2013 • BusinessComments (0)

In this May 2008 photo, Craig Berkman is photographed in Portland, Ore. Berkman, a Florida investment adviser and onetime Oregon gubernatorial candidate, has been charged in New York in an $8 million securities fraud scheme that capitalized on enthusiasm for...

NY fracking foes: will become lobby if necessary

March 18, 2013 • BusinessComments (0)

FILE – In this Jan. 17, 2013 file photo, Sean Lennon and actress Susan Sarandon visit to a fracking site in New Milford, Pa. Dozens of celebrities may be running afoul of the law as they unite under the banner of one group that is seeking to prevent a...

Venezuela to create new foreign exchange system

March 18, 2013 • BusinessComments (0)

Venezuela’s acting President Nicolas Maduro speaks at the opening of the Ninth International Book Fair of Venezuela (Filven) which pays tribute to late President Hugo Chavez at the Teresa Carreno theater in Caracas, Venezuela, Wednesday, March 13, 2013....