ASK Western policymakers how they intend to squeeze growth from their sluggish economies and most pin their hopes on higher exports. That makes exchange rates an especially sensitive topic. A weaker currency improves the competitiveness of a country by making exports cheaper. It also encourages domestic consumers to switch from expensive imports...
(AP) Three administrators whose huge salaries sparked outrage in this small blue-collar suburb of Los Angeles have agreed to resign, the City Council said Friday.
Council members emerged from an hours-long closed session at midnight Friday and announced that they'd accepted the resignations of Chief Administrative Officer Robert Rizzo,...
House Republicans are plotting again to oust Rep. Spencer Bachus as the senior Republican on the Financial Services Committee. This time, the challenge is likely to come after the November election from conservatives — including some on the committee.
The private speculation over potential challengers has...
PRINCETON, NJ -- Gallup's 2010 Confidence in Institutions poll finds Congress ranking dead last out of the 16 institutions rated this year. Eleven percent of Americans say they have a great deal or quite a lot of confidence in Congress, down from 17% in 2009 and a percentage point lower than the...
Many astronomers today believe that one of the most plausible reasons we have yet to detect intelligent life in the universe is due to the deadly effects of local supernova explosions that wipe out all life in a given region of a galaxy.
While there is, on average, only one supernova per galaxy per century, there is something on the order of...
