Fed moves to push down long-term interest rates
The Federal Reserve will reinvest $400 billion into bonds with maturities of six to 30 years, in what is being dubbed “Operation Twist” by economists after a similar action in 1961.
The Federal Reserve will reinvest $400 billion into bonds with maturities of six to 30 years, in what is being dubbed “Operation Twist” by economists after a similar action in 1961.
Representative Barney Frank said he will give up tens of thousands of dollars donated by a company accused of running a Ponzi scheme.
Mitt Romney mocked Rick Perry’s positions on Social Security today while outlining his own plan for the program, including raising the retirement age and slowing benefits for wealthy recipients.
Two papers published today alter some of the findings from early research into genes that may help fight human aging.
In a spirited Washington, D.C, memorial service filled with laughter and tears, Kara Kennedy, the daughter of the late Edward M. Kennedy, was remembered as a loving mother, a devoted friend, and an adventurous woman.
Palestinian officials are rejecting mounting pressure from the United States and France to first return to negotiations with Israel.
After more than two years in Iranian custody, Shane Bauer and Josh Fattal arrived in the Gulf State of Oman and into the arms of their families.
“Peace will not come through statements and resolutions at the UN — if it were that easy, it would have been accomplished by now.”
President Obama, to the UN General Assembly
The state’s Supreme Judicial Court upheld the state law that requires people to pay a filing fee when they contest a traffic ticket.
The number of Americans who bought previously occupied homes rose in August, but sales were driven by an increase in foreclosures.
A car bomb caused a powerful explosion on a street in southeastern Michigan, seriously injuring a lawyer and his two sons
British publisher Canongate said the book, billed as an ‘‘unauthorized autobiography’’ of Julian Assange, will hit shelves tomorrow.
New York came from behind to clinch a playoff spot and damage Tampa Bay’s hopes for a post-season berth.
It used to be the bar at a potluck was a cooler. Now the bar is set higher. Bringing a dish of your own choosing (or one dictated by the host) isn’t always a piece of cake.
The end of the world: The Rock and Roll Hall of Fame group announced on its website that it has ‘‘decided to call it a day as a band.’’
“For the better part of a century, Arab leaders of Palestine have consistently said no when presented with the chance to build a state of their own.”
Jeff Jacoby
“It doesn’t make any difference whether you assign more homework in English, science, or history. Students will still do the same.”
Ozkan Eren, assistant professor of economics at the University of Nevada, on whether homework works