Federal Reserve Chairman Ben Bernanke delivers remarks at his final planned news conference before his retirement, at the Federal Reserve Bank headquarters in Washington on Wednesday.
The Federal Reserve will trim back off its bond-buying program, reducing its purchases by $10 billion per month.
MRIt became the largest city in U.S. history to file for bankruptcy. Its former mayor was sentenced to 28 years in prison. And a TV personality compared it to Chernobyl. But a new year is on the horizon, and for some parts of Detroit, things are looking up. Really.
The second-largest jackpot in U.S. history — possibly as much as $645 million — is going to be shared. If you know someone in San Jose or Atlanta, now might be a time to be extra nice to them.
Four buildings were evacuated and tensions were high at the university on Monday after officials received messages about "shrapnel bombs." With exams scheduled for that day, many thought that perhaps a nervous student was trying to avoid taking a test. The FBI alleges that's what happened.
December 17, 2013 With low prices, consumers feel less pain at the gas pump and the grocery store. But superlow inflation often means workers don't see big raises. And it can hurt the economy because consumers hold off purchases, thinking prices will drop some more.
Employees at Silicon Valley companies such as Apple, Google and Facebook are highly paid and enjoy a wide range of perks on the job. The security guards who watch over their workplaces earn around $16 an hour, a tough wage to get by on in the high-priced San Francisco Bay Area.