FILE - In this Wednesday, May 22, 2013, file photo, Federal Reserve Chairman Ben Bernanke listens as he testifies on Capitol Hill in Washington, before a Senate Joint Economic Committee hearing on "The Economic Outlook" . Investors have grown nervous that the Federal Reserve will scale back …
Trader David O'Day works on the floor of the New York Stock Exchange at the close of trading Thursday. Stocks are ended the day slightly lower after recouping a big loss early on. U.S. markets fell immediately after the opening bell following a global slump prompted in part by an unexpectedl…
WASHINGTON | Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.
NEW YORK | A federal mediator has finally been able to get the NHL and the players' association back together Saturday for their first face-to-face meeting since talks broke down two days earlier.
In this Dec. 6, 2012, file photo, NHL Commissioner Gary Bettman, right, and deputy commissioner Bill Daly speak to reporters in New York. Bettman has told the players union that a deal must be in place by Jan. 11 in order for a 48-game season to be played beginning eight days later.
CHICAGO | Teachers agreed Tuesday to return to the classroom after more than a week on the picket lines in Chicago, ending a combative stalemate with Mayor Rahm Emanuel over evaluations and job security, two issues at the heart of efforts to reform the nation's public schools.
CHICAGO | An angry Mayor Rahm Emanuel's appeal to the courts to end a six-day teachers strike in the nation's third largest city set off a new round of recriminations Monday, but did little to end a walkout that has left parents scrambling and kept 350,000 students out of class.
Smaller, more subdued groups of teachers picket Monday outside Morgan Park High School in Chicago as a strike by Chicago Teachers Union members heads into its second week.
WASHINGTON | Below is the statement the Fed released Thursday after its policy meeting:
CHICAGO | As Chicago teachers walked the picket lines for a second day, they were joined by many of the very people who are most inconvenienced by their strike: the parents who must now scramble to find a place for children to pass the time or for babysitters.
LOS ANGELES | Smokers and pro football players have something in common: They engage in risky behavior that can be potentially harmful to their health over time.
Falling unemployment rates in Illinois helped trigger the closure of a tier of federally funded extended benefits available for out-of-work residents.
FAYETTEVILLE, Ark. | Arkansas athletic director Jeff Long made it perfectly clear what he expects from his staff as he put coach Bobby Petrino on leave for keeping him in the dark about a sordid-looking relationship with a female employee.
It's the latest display of the breadth and strength of the economic recovery. The country has put together the most impressive three months of job growth since before the Great Recession.
The long-suffering job market is ending the year better off than it began. The number of people applying for unemployment benefits each week has dropped by 10 percent since January.
In the latest sign that the economy is surging at year's end, unemployment claims have dropped to the lowest level since April 2008, long before anyone realized that the nation was in a recession.
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The U.S. economy will muddle through the next year without a recession, but growth-predicted to be 2.4 percent-will be too weak to make much of a dent in the unemployment rate, forecasters believe.
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