Search results for

Janet Yellen, 67, will become the first woman to serve as America's banking chief, heading an institution that was established in 1913.

The Obama administration warns that the situation looks ugly for the department under the sequester. But for now, the most alarming claims — that prosecutors will drop cases and criminals will walk free — seem to be just that: alarms.

Richard Turere, 13, put his father's cows in a pen at night. That's when the trouble would start. Lions would jump in the shed and kill the farm animals. One night he was walking around with a flashlight and discovered the lions were scared of a moving light. A light went on inside him and an idea was born.

The key players in Washington seem unable even to define the terms around the debate, much less find a way to stop the automatic government spending cuts set to begin Friday. So today, we're taking a deeper look at the words of President Obama and House Speaker John Boehner

The Federal Reserve's policy group says that "a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the asset purchase program ends."

Rose George spent several weeks aboard a container ship to research Ninety Percent of Everything, her book about the shipping industry. She writes, "There are more than one hundred thousand ships at sea carrying all the solids, liquids and gases that we need to live."

At their annual conference, conservative activists chose the Kentucky senator as their pick to be the next Republican presidential nominee. The vote came ahead of the keynote speech by Texas Sen. Ted Cruz, a rising star in the GOP.

It's common to see cowed defendants admit to crimes during Communist Party show trials. But disgraced former politburo member Bo Xilai began his trial with vehement denials of guilt, calling one accuser a "crazy dog snapping at things for reward."

In Tampa, Fla., Tuesday, JPMorgan Chase holds its annual shareholder meeting. They will vote on a key measure: Whether to strip CEO Jamie Dimon of his title of chairman of the board. A growing number of companies have split the CEO and chairman roles.

Like any city of its size, Kansas City was designed and developed on an urban grid of streets and boulevards in order to make the city work. The Charlotte…