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Updated: 38 min 1 sec ago
Minneapolis Fed chief Narayana Kocherlakota warned the central bank is letting the economy waste 'lots of resources' by letting inflation stay too low.
Minneapolis Federal Reserve President Narayana Kocherlakota on Tuesday said the central bank is not doing all it can to promote faster job creation and a quicker decline in the U.S. unemployment rate.
The Treasury Department sold $30 billion in 3-year notes Tuesday at a yield of 0.895%.
The Justice Department will have to be creative in order to make sure criminals do not use virtual currencies such as Bitcoin to secretly move funds, Attorney General Eric Holder said on Tuesday.
Business travel is forecast to fly higher this year despite the harsh winter weather in the first quarter that led to some of the worst days for air travel in years.
The embattled Nasdaq swung solidly into positive territory in choppy action on Tuesday as traders scooped up beaten-down stocks.
Despite safety improvements, many midsize SUVs still do not hold up well in minor front crashes, according to a vehicle safety watchdog.
Tesla will begin offering a leasing program for small and medium-size businesses that are interested in the company’s electric cars.
The U.S. Senate Agriculture Committee approved the nomination of Timothy Massad as the next chairman of the Commodity Futures Trading Commission, and two other commissioners for the agency overseeing swaps and futures markets.
The drugmakers plan to fight a federal verdict ordering them to pay $9 billion after a jury ruled they failed to disclose Actos cancer risks.
Comcast believes its proposed $45 billion acquisition of Time Warner Cable won’t limit competition given the increasing clout of online video services, according to filings with the FCC.
Job openings at U.S. workplaces rose to 4.17 million in February -- the most in just over six years -- from 3.87 million in January, the U.S. Department of Labor reported Tuesday.
A federal judge ruled the FTC can sue hotel group Wyndham Worldwide over alleged poor data security, potentially opening companies up to greater legal risk on the increasingly-costly cyber front.
Tech stocks showed some signs of life in early trading Tuesday as the sector tried to rebound from several days of losses.
Ford’s China sales jumped 28% in March, topping 100,000 vehicles for the first time in a single month.
Stocks are bouncing modestly in early trade Tuesday as investors await Alcoa's (NYSE:AA) first-quarter earnings after the bell.
American Airlines Group Inc. said bad weather weighed on revenue and earnings in the first quarter, having forced the carrier to cancel more than 34,000 flights.
The International Monetary Fund pared back its 2014 growth view, citing slowing expansion in emerging markets and rising geopolitical risks.
Financial regulators will vote on Tuesday to finalize tough requirements for U.S. banks' leverage that are expected to be stricter than the rules overseas firms must follow.
The International Monetary Fund has become more upbeat on the growth prospects for Europe and the U.K. and on Tuesday lifted its gross-domestic-product forecasts for both regions.