WASHINGTON-Comcast Corp. is appealing an FCC ruling that the company is improperly blocking customers’ Web traffic, triggering a legal battle that could determine the extent of the government's authority to regulate the Internet.
If you are looking to buy some stock in a Black-owned company you won’t find any in Chicago because they are all privately owned, according to Jason Tyler, a senior vice president at Ariel Investments LLC, a Black-owned investment firm. “The a
WASHINGTON–Personal incomes plunged in July while consumer spending slowed significantly as the impact of billions of dollars in government rebate checks began to wane. The Commerce Department reported Friday that personal incomes fell by 0.7 percen
ATLANTA–The grip U.S. airlines have on travelers' wallets is about to get tighter as carriers go ahead with plans to trim their domestic schedules due to the high cost of fuel. Executives acknowledge that despite the economic downturn, fares will ri
WASHINGTON–Many people in Medicare with diabetes, high blood pressure and other chronic conditions stop taking their medicine when faced with picking up the entire cost of their prescriptions, researchers say.
OMAHA, Neb.—The rural economy continues to falter with a significant pullback in new hiring, according to the August survey of bank CEOs in 11 Midwestern and Plains states. The Rural Mainstreet Index, which ranges between 0 and 100, plunged to a rec
JACKSON, Wyo.–Do Washington policymakers listen too much to Wall Street? A possible bailout of Fannie Mae and Freddie Mac, on the heels of similar action involving investment firm Bear Stearns, seems to send a loud signal to financial companies that
NEW YORK–Americans became more optimistic in the economy amid declining gas prices in August, marking the biggest jump in two years. The Conference Board, a private research group, said Tuesday that its consumer confidence index rose to 56.9, up fro
JACKSON, Wyo. Federal Reserve Chairman Ben Bernanke said Friday the financial crisis that has pounded the country — coupled with higher inflation — is taking a toll on the economy and poses a major challenge to Fed policymakers as they tr
