NEW YORK (CNNMoney.com) -- In its latest move to jump start the sluggish recovery, the Federal Reserve announced it will pump billions into the economy.
The central bank will buy $600 billion in long-term Treasuries over the next eight months, the Fed said Wednesday. The Fed also announced it will reinvest an additional $250 billion to $300...
PHOENIX (AP) -- The son of former Vice President Dan Quayle has won his race against a tough Democratic challenger to represent Arizona's 3rd Congressional District.
Ben Quayle overcame a series of questions during the campaign about his links to a racy website to claim the Phoenix-area seat of retiring GOP Rep. John Shadegg on Tuesday.
Democrat...
WASHINGTON — A chastened President Barack Obama signaled a willingness to compromise with Republicans on tax cuts and energy policy Wednesday, one day after his party lost control of the House and suffered deep Senate losses in midterm elections.
Obama ruefully called the Republican victories "a shellacking" and acknowledged that his own...
LOS ANGELES (Reuters) – San Francisco has become the first major U.S. city to pass a law that cracks down on the popular practice of giving away free toys with unhealthy restaurant meals for children.
San Francisco's Board of Supervisors passed the law on Tuesday on a veto-proof 8-to-3 vote. It takes effect on December 1.
The law, like an...
