NEW YORK — The drop in a key interest rate to a 66-year low is a sign of one thing — fear. Traders don’t actually think a Treasury note paying 1.62 percent is a good investment. They just trust Uncle Sam to keep their money safe if Europe falls apart.
NEW YORK — A big final-hour comeback pulled the Dow Jones industrial average nearly back to where it started Wednesday.
NEW YORK — Facebook, the company that turned the Web social, has set a price range for an initial public offering of stock that values the company at up to $95 billion.
WASHINGTON — Letters from Osama bin Laden’s last hideaway, released by U.S. officials intent on discrediting his terror organization, portray a network weak, inept and under siege — and its leader seemingly near wit’s end about the passing of his global jihad’s glory days.
WASHINGTON — A top White House aide on Sunday said President Barack Obama wants to strike an “appropriate balance” between advancing human rights and maintaining U.S. relations with China, the first public comments by the administration on its potential involvement in harboring a Chinese activist on the eve of diplomatic talks between the two world powers.
WASHINGTON — A top lawmaker briefed on the investigation into a Secret Service prostitution scandal said more firings could be imminent following the ouster of three agency employees.
WASHINGTON — Moving swiftly, the Secret Service forced out three agents Wednesday in a prostitution scandal that has embarrassed President Barack Obama. A senior congressman welcomed the move to hold people responsible for the tawdry episode but warned “it’s not over.”
ATLANTA — More than $1 billion has been spent over the past decade researching autism. In some ways, the search for its causes looks like a long-running fishing expedition, with a focus on everything from genetics to the age of the father, the weight of the mother, and how close a child lives to a freeway.