As Fed Eases Loan Aid, Policy Challenges Arise

The Federal Reserve has ended nearly all of the lending programs it created in 2007 to combat the credit crisis, but in the coming months it must decide when and how to tighten monetary policy. » Read More

Draft on Payday Rules Loses a Provision

Senator Bob Corker wants a proposed bank agency to be more lenient toward nonbank companies, but some advocates say that would hurt consumers. » Read More

Missing energy executive's body found

The body of a missing energy executive was pulled from the Mississippi River in New Orleans, Louisiana, on Tuesday, four days after he disappeared, a police spokesman said. » Read More

Environmentalist sees plastic world

Every bit of fully synthetic plastic that's ever been produced over the past 100 years is somewhere on our planet, a leading environmentalist, David de Rothschild, said Tuesday. » Read More

Mexico: Allow cross-border trucking

Mexico asked the United States to move forward with creating a proposal to end a ban on cross-border trucking in violation of the North American Free Trade Agreement. » Read More

Toyota disputes demo's results

Toyota is rejecting a university professor's test that claims to show that electronic throttle systems on Toyota cars could cause unintended acceleration saying the test was simply not realistic. » Read More

Nasdaq at 18-month highs

Stocks ended little changed Monday, although the Nasdaq managed to close at an 18-month high, as investors weighed corporate deals, a stronger dollar and weaker commodity prices ahead of key economic news due later this week. » Read More

Northrop: No bid on tanker contract

Northrop Grumman Corp. said it will not bid on a multi-billion-dollar contract to build a new air refueling tanker for the U.S. Air Force because it believes the rules for the contract favor its competitor, Boeing. » Read More