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Updated: 5 hours 11 min ago

House Passes Bill Increasing Scrutiny Over Fed

Wed, 07/25/2012 - 6:10pm
The House voted Wednesday to give Congress greater scrutiny over the monetary policy decisions of the Federal Reserve, approving legislation sponsored by longtime Fed nemesis Rep. Ron Paul.The 76-year-old ...

Consumers Could Feel Hit to Food Budgets Next Year

Wed, 07/25/2012 - 4:05pm
A severe summer drought and extreme heat across the Midwest has taken commodity prices higher, and could hit consumers' grocery bills next year.

RadioShack ‘Problem Began 30 Years Ago’: Analyst

Wed, 07/25/2012 - 4:05pm
RadioShack had a brutal day Wednesday after posting an unexpected quarterly loss and suspending its dividend.

University of Texas to Review Report on Gas Fracking Impacts

Wed, 07/25/2012 - 4:05pm
The University of Texas at Austin will assemble a group of independent experts to review its report on gas fracking after reports said the professor who led the study is on the board of a gas driller.

Google, eBay, Amazon, Facebook Back New Lobbying Group

Wed, 07/25/2012 - 4:05pm
Google, Amazon, eBay, Facebook and other big Internet companies are reportedly starting a trade association to handle political and regulatory issues in Washington.

Symantec Fires CEO, Chairman Replacing Him

Wed, 07/25/2012 - 4:05pm
Symantec has fired its CEO, Enrique Salem, and replaced him with Chairman Steve Bennett.The computer security and data storage company said Wednesday that the move is effective immediately. Bennett, who ...

How Caterpillar Explains the World

Wed, 07/25/2012 - 2:35pm
Breaking down Caterpillar's sales by geography tells us about the strange, precarious position the world's in these days.

Midwest Rains Won't Dent Drought, Help Crops

Wed, 07/25/2012 - 2:35pm
The Midwest, where record amounts of rain fell in some places yesterday, may remain abnormally dry through the first week of August.

Outback Steakhouse Parent Looks To Go Public

Wed, 07/25/2012 - 2:35pm
The owner of the Outback Steakhouse chain is planning to go public, looking to raise between $279 million and $321 million from an initial public offering.

Facing Congress, Geithner Grilled on Rate Rigging

Wed, 07/25/2012 - 2:35pm
Timothy Geithner was grilled on Wednesday about the growing interest rate rigging scandal, as lawmakers questioned why he failed to thwart the illegal activity during the financial crisis.

Mega-Bank Creator Sandy Weill Reverses Course, Says Break ‘Em Up

Wed, 07/25/2012 - 12:40pm
This morning, Sandy Weill casually forsook all that which he once held dear by calling for the break up of big banks.

Fed Stands Ready to Act Sooner Than Later, Market Shrugs

Wed, 07/25/2012 - 12:40pm
Another round of quantitative easing, focused on buying mortgage-backed securities, is the most likely action the Fed would announce.

Unlimited Vacation Time: The Ultimate Work Benefit?

Wed, 07/25/2012 - 12:40pm
A number of companies, particularly the Silicon Valley, start-up kind, are moving away from the traditional vacation accrual policy and toward a more employee-friendly unlimited paid time off policy.

Comcast Offers $300 A Month Super-Fast Internet: Would You Pay Up?

Wed, 07/25/2012 - 12:40pm
The average Internet user pays less than $55 per month for at least 15 megabits per second of data.

New York Times Drops BlackBerry App

Wed, 07/25/2012 - 12:40pm
Research in Motion's BlackBerry users can no longer use the official New York Times app to read news stories over their devices, in a fresh blow to the maker of the smartphone once considered an essential.

New Home Sales Decline 8.4% in June

Wed, 07/25/2012 - 12:40pm
Sales of new single-family homes fell 8.4% in June to an annual rate of 350,000 after reaching a two-year high in May.

Companies Say 3 Million Unfilled Positions in Skill Crisis

Wed, 07/25/2012 - 11:30am
Even with almost 13 million Americans looking for work and 8 million more settling for part-time jobs, almost half the 1,361 U.S. employers surveyed in January by ManpowerGroup say they can't find workers to fill positions.

Apple Stumbles, Hits 'Air Pocket' Until iPhone 5 Release

Wed, 07/25/2012 - 11:30am
Apple's customers appear to be waiting for the iPhone 5, creating an air pocket that will likely affect the current quarter as well.

Cast of 'Modern Family' Sues Over Contract

Wed, 07/25/2012 - 11:30am
Five stars of "Modern Family" have banded together and are suing to void their contracts to work on the hit comedy, arguing that the contracts are illegal under California law.

Wall Street Legend Sandy Weill: Break Up the Big Banks

Wed, 07/25/2012 - 10:10am
Former Citigroup Chairman & CEO Sanford Weill, the man who invented the financial supermarket, called for the breakup of big banks in an interview on CNBC.