Election could delay Fed rate rise until December

The Federal Reserve may be hesitant to raise interest rates ahead of the U.S. election in November, although there is no hard evidence to […]

Auto sales: bleak, but is it the bottom?

U.S. auto sales in June are expected to post a double-digit decline, dropping to a 15-year low as record gas prices killed the market […]

China

Chinese industrial companies' profits grew at half the pace of a year earlier on record oil and coal prices, increasing the likelihood that economic […]

Baltimore Sun to institute new round of job cuts, buyouts

The Baltimore Sun will eliminate 100 positions in August through buyouts, layoffs and attrition.
Sun Publisher Tim Ryan announced the job cuts in […]

Legislators wrangle as budget deadline nears

The clock is ticking, and the Legislature is moving forward with plans in hopes of resolving the state's $2 billion budget deficit before the […]

Hungarian Central Bank Unexpectedly Keeps Key Rate Unchanged

Hungary's central bank unexpectedly left its benchmark interest rate unchanged after the forint surged to the strongest in more than five years.
The Magyar […]

India, China Face Faster Inflation, Higher Rates

India's inflation accelerated to a 13-year high and economists forecast higher consumer prices in China after record crude oil forced both nations to increase […]

KKHI brings back smooth jazz

KKHI-FM (branded as K-High 101.9) has been relaunched as a "smooth jazz" format station serving the Denver-Boulder area using the frequency of regional-Mexican music […]

Darling to Say Economic Policy Makers Tested as `Never Before

The British government's economic- policy framework is facing its biggest challenge since the independence of the central bank a decade ago, Chancellor of the […]

N. Texas home foreclosures ease in some areas

The number of July home foreclosures in the Dallas-Fort Worth area rose 33 percent from a year ago but was down 2 percent from […]