The Commerce Department released moderately better data on the economy this morning -- but don't celebrate quite yet. While U.S. consumer prices ticked higher in March, today's 1.5 percent figure still falls short of the Federal Reserve's stated 2 percent target.
Bloomberg BNA — A House-passed bill to curtail the Environmental Protection Agency's authority to regulate greenhouse gas emissions from power plants “is a top priority” for Republicans if they gain control of the Senate in the fall elections, a House Republican said April 10.
Bill Gross just can’t catch a break. As investors flock to funds designed to make money even if interest rates increase, Gross’s Pacific Investment Management Co. is alone among the biggest bond managers in suffering withdrawals from the strategy.
Scottish nationalist leader Alex Salmond increased pressure on Prime Minister David Cameron to share a public platform to debate the U.K.’s future as a poll showed more people are warming to independence for Scotland.
U.K. Prime Minister David Cameron’s push to reclaim European Union powers goes too far for Germany and won’t win support in other EU countries, said Edmund Stoiber, the former Bavarian premier whose party rules in coalition with Chancellor Angela Merkel.