Category: Government

Bernanke Sees More House Price Drops

ORLANDO, Florida(Reuters) – Federal Reserve Chairman Ben Bernanke warned on Tuesdaythat mortgage delinquencies and foreclosures are likely to rise, withmore declines in house prices, and

House Panel Calls Hearing on Tanker Deal

WASHINGTON(Reuters) – Top Air Force officials will testify on Wednesday before aHouse Appropriations subcommittee on their decision to award a $35billion contract for a new

EU Fines Microsoft Record $1.35 Billion

BRUSSELS (Reuters)- Microsoft was fined a record 899 million euros ($1.35 billion) by theEuropean Commission on Wednesday for using high prices to discouragesoftware competition in