...com

Following are some key differences between the forecasts from the non-partisan Congressional Budget Office and the White House Office of Management and Budget.

The OMB, which has been ...[more]

Utilities in major markets like New York, Chicago and Texas lowered rates as the recession cut industrial and residential consumption and wholesale power costs during the first half of 2009 f ...[more]

The decision removes the fear of a change in one of the key players as the U.S. struggles to recover from its worst economic crisis in decades. Still, the reappointment won't ease the pressur ...[more]

Late on Monday, a federal judge ruled the central bank must name firms that borrowed from the various emergency lending programs Bernanke crafted on the fly to avert a financial collapse -- a ...[more]

Already challenged by Congress on his healthcare and climate change policies, the president -- only seven months in the job -- could well have faced one more tough fight over so controversial ...[more]

"Good morning everyone. I apologize for interrupting the relaxing I told you all to do, but I have an important announcement to make concerning the Federal Reserve.

"The man next to m ...[more]

Bernanke, speaking after President Barack Obama renominated him, said the Fed -- the U.S. central bank -- had been challenged by the unprecedented events of the past few years.

"We ha ...[more]

The Obama administration raised its projection for the budget deficit between 2010 and 2019 to a total of about $9 trillion, while the nonpartisan CBO, Congress' budget analyst, lowered its e ...[more]

Congress' budget watchdog calculated that the federal government will spend a record $1.59 trillion more than it collects in the current fiscal year, which ends September 30, and post a defic ...[more]

The Conference Board, an industry group, said its index of consumer attitudes rose to 54.1 in August from an upwardly revised 47.4 percent in July. The July figure was originally reported at ...[more]

KEY POINTS:

* The Conference Board, an industry group, said its index of consumer attitudes rose to 54.1 in August from an upwardly revised 47.4 percent in July. The July figure was o ...[more]