WASHINGTON (Reuters) – A Securities and Exchange Commission employee invested in a company accused of preying on deaf people and misled fellow investors into thinking their money was safe despite an SEC probe.
SE…
AP – The state Assembly voted Tuesday to extend incentives for California’s entertainment industry for five more years, approving up to $500 million in additional tax credits to help keep movie-making jobs in the state.
Reuters – The House of Representatives on Tuesday defeated a bill to raise the debt limit in a vote staged by Republicans to strengthen their push for deep spending cuts in negotiations with the White House.
Reuters – Within days of the arrest of former IMF head Dominique Strauss-Kahn on attempted rape and sexual abuse charges, details about the alleged victim appeared in publications around the world.
Reuters – A double-dip in home prices, pessimistic consumers and a slowdown in regional manufacturing raised concerns on Tuesday that the economy’s soft patch could become protracted.
NEW YORK – That screeching sound you heard in May? That was the stock market.
While the month ended with four days of gains in most of the indexes, concerns about high gas prices, tornadoes and flooding in the Sou…
Reuters – Higher car prices and a shortage of fuel-efficient vehicles likely threw a roadblock in the U.S. auto industry’s recovery path in May, when the Japan crisis had its biggest impact on U.S. sales so far.
The dollar was able to pare losses early in the session that saw the Dow Jones FXCM Dollar index fall just shy of the 9500 level. The index was higher by a meager 0.01% at the close of North American trade, held back by strength in t…
AP – Oil and gasoline prices finally hit the brakes in May.
AP – Even cities that weathered the housing market crash with relatively little damage are suffering now.
