The lawyer appointed to unravel what the government calls a multibillion-dollar Ponzi scheme run by Texas businessman R. Allen Stanford is firing back at critics who said his request for million in fees is excessive.
With the economy on the mend, Federal Reserve policymakers last month felt comfortable slowing the pace of one of its economic revival programs and not changing any others.
It may be the beginning of the year for students, but for retailers, it’s report-card time. Analysts expect the early grades on the back-to-school selling season to be weak when retailers report August results Thursday.
Add Stan “The Man” Lee to those people who think Disney’s blockbuster billion purchase of Marvel is a stroke of genius.
The government says construction spending dipped slightly in July as weakness in nonresidential building and government projects offset the best showing for home building in 10 months.
A gauge of future U.S. home sales rose more than expected in July to the highest level in over two years as first-time buyers rushed to take advantage of a tax credit that expires this fall.
Swiss police have seized 1,000 bottles of locally made “Keineken” beer after the Dutch beer giant Heineken NV complained its brand was being infringed.
Oil prices dipped again Tuesday despite new indications that the U.S. manufacturing and housing industries may be on the mend.
The U.S. manufacturing sector grew in August for the first time in 19 months, adding to evidence that the recession is ending.
Ford Motor Co. said Tuesday its U.S. sales in August rose 17.2 percent over last year, fueled by the government’s Cash for Clunkers program.