Follow us on

Wednesday, June 19, 2013 | 5:26 p.m.

Labor

250 items
Results 1 - 10 of 250next >
Federal Reserve Chairman Ben Bernanke speaks during a news conference in Washington, Wednesday, June 19, 2013. Bernanke. The Federal Reserve said Wednesday that it will maintain the pace of its bond-buying program to keep long-term interest rates at record lows. But it offered a more optimistic outlook for the U.S. economy and job market. (AP Photo/Susan Walsh)

Fed suggests it's closer to slowing bond purchases

Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program later this year and end it next year if the economy continues to improve. The Fed's bond purchases have helped keep long-term interest rates at record lows. A pullback in the ...

  • Updated: 5:06 p.m. Wednesday, June 19, 2013
FILE - In this Thursday, May 6, 1999 file photo, George Zimmer, second from left, gestures to Andy Dolich prior to a meeting, in Oakland, Calif. Men's Wearhouse Inc. says it has dismissed Zimmer, its founder and executive chairman. In a terse release issued Wednesday, June 19, 2013, the company didn't give a reason for the abrupt firing of Zimmer, who built Men's Wearhouse from one small Texas store using a cigar box as a cash register to one of the nation's largest specialty retailers in men's clothing, with 1,143 locations. (AP Photo/Ben Margot, File)

Men's Wearhouse ousts founder, pitchman Zimmer

Men's Wearhouse doesn't like the way its founder looks anymore. The men's clothier said Wednesday that it has fired the face of the company and its executive chairman, George Zimmer, 64, who appeared in many of its TV commercials with the slogan "You're going to like the way you look. ...

  • Updated: 4:13 p.m. Wednesday, June 19, 2013
FILE - In this June 6, 2013, file photo, a woman talks on the phone outside the U.S. Courthouse in Washington, where the secret Foreign Intelligence Surveillance Court resides. The obscure oversight board that President Barack Obama wants to scrutinize the National Security Agency’s secret surveillance system is little known for good reason. The U.S. Privacy and Civil Liberties Oversight Board has operated fitfully during its eight years of its low-profile existence, stymied by Congressional in-fighting and its work at times censored by government lawyers. The privacy board planned to meet privately Wednesday, June 19, 2013, in its first meeting since revelations that the NSA has been secretly collecting the phone records of millions of Americans: It was closed to the public. (AP Photo/Cliff Owen, File)

Oversight board concerned about NSA surveillance

The chairman of the group that President Barack Obama says will meet with him to discuss the National Security Agency's secret surveillance program is expressing concerns about the program and says the group will publish a report about its inquiry. The chairman of the Privacy and Civil Liberties Oversight Board, ...

  • Updated: 4:07 p.m. Wednesday, June 19, 2013

Bill could reduce illegal immigration 25 percent

Illegal immigration into the United States would decrease by only 25 percent under a far-reaching Senate immigration bill, according to an analysis by the Congressional Budget Office that also finds the measure reduces federal deficits by billions. Supporters of the legislation moving toward a vote on the Senate floor seized ...

  • Updated: 3:12 p.m. Wednesday, June 19, 2013
  • Comments  (1)   
In this June 11, 2013, photo, Sen. Chuck Grassley, R-Iowa, ranking Republican on the Senate Judiciary Committee speaks on Capitol Hill in Washington. Grassley says the Internal Revenue Service is about to pay $70 million in employee bonuses despite an Obama administration directive to cancel discretionary bonuses because of automatic spending cuts. He says his office has learned that the IRS is executing an agreement with the employees’ union on Wednesday, June 19, 2013, to pay the bonuses. (AP Photo/Jacquelyn Martin)

IRS draws new criticism over $70M employee bonuses

Already reeling from a pair of scandals, the Internal Revenue Service is drawing new criticism over plans to hand out millions of dollars in employee bonuses. The Obama administration has ordered agencies to cancel discretionary bonuses because of automatic spending cuts, but the IRS says it's merely following legal obligations ...

  • Updated: 2:59 p.m. Wednesday, June 19, 2013
James Daniel, IMF Mission Chief for Spain, left, and Ranjit Teja, Deputy Director of the European Department of the IMF arrive for a press conference at the conclusion of the International Monetary Fund (IMF) visit to Spain at Bank of Spain in Madrid, Wednesday, June 19, 2013. (AP Photo/Andres Kudacki)

IMF calls for urgent steps on Spain unemployment

Spain faces the prospect of high unemployment and sluggish growth lasting years unless the country and Europe take "urgent action" to slash the nation's crippling 27 percent unemployment rate and free frozen credit to businesses so they can expand, the International Monetary Fund said Wednesday. A report issued by the ...

  • Updated: 2:48 p.m. Wednesday, June 19, 2013
U.S. President Barack Obama gestures during a news conference with German Chancellor Angela Merkel at the German Chancellery on Wednesday, June 19, 2013, in Berlin. Obama will renew his call to reduce the world's nuclear stockpiles, including a proposed one-third reduction in U.S. and Russian arsenals, a senior administration official said. (AP Photo/Evan Vucci)

Obama warns EU over high youth unemployment

President Barack Obama raised the prospect Wednesday that Europe might need to adjust its economic policies to tackle high youth unemployment and make sure that some countries don't "lose a generation." Obama warned during his visit to Berlin that, while he was confident the euro area's leaders will resolve their ...

  • Updated: 12:34 p.m. Wednesday, June 19, 2013
In this Wednesday, May 22, 2013 photo, Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington. The Federal Reserve ends a policy meeting Wednesday, June 19, 2013. Investors have been nervously speculating that the Fed will soon scale back its economic stimulus and send interest rates up and stock prices down. (AP Photo/Manuel Balce Ceneta)

Investors look for answers on economy from Fed

Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep long-term interest rates at record lows. On Wednesday, many hope the Fed will settle the confusion. Will the Fed scale back its $85 billion-a-month in bond purchases within ...

  • Updated: 10:36 a.m. Wednesday, June 19, 2013
House Judiciary Committee members Rep. Trey Gowdy, R-S.C., sponsor of the Strengthen and Fortify Enforcement Act, left, talks with Rep. Luis Gutierrez, D-Ill., on Capitol Hill in Washington, Tuesday, June 18, 2013, prior to the start of the committee's hearing to discuss the Strengthen and Fortify Enforcement Act. The committee in the Republican-led House is preparing to cast its first votes on immigration this year, on a tough enforcement-focused measure that Democrats and immigrant groups are protesting loudly. (AP Photo/Carolyn Kaster)

CBO: Senate Immigration bill would help economy

Sweeping immigration legislation moving toward a vote in the Senate would boost the economy and reduce federal deficits, the Congressional Budget Office said Tuesday, at the same time it would bestow legal status on an estimated 8 million immigrants living in the United States unlawfully. In an assessment that drew ...

  • Updated: 10:51 p.m. Tuesday, June 18, 2013

AP News in Brief at 5:58 a.m. EDT

Afghan president suspends talks with US on security deal to protest US-Taliban negotiations KABUL, Afghanistan (AP) — The Afghan president on Wednesday suspended talks with the United States on a new security deal to protest the way his government was being left out of initial peace negotiations with the Taliban ...

  • Updated: 6:02 a.m. Wednesday, June 19, 2013
250 items
Results 1 - 10 of 250next >
 
Featured Articles
Ads By Google
 

From Our News Partners