CATEGORY

Business

Dream of gas tax holiday expires

WASHINGTON–The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have to go up if they go anywhere.

Mid-year financial correction

It is hard to believe that the first half of 2008 is over, and it is time to get ready to finish the year.

Fed chief: Gov't needs more power when firms fail

WASHINGTON Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson told Congress that new regulatory powers are needed to insulate the national economy from damage if a big Wall Street firm collapses.

Toyota making U.S. manufacturing changes

DETROIT-Toyota Motor Corp., the seemingly unstoppable juggernaut that saw its U.S. sales double in the last decade, has come back down to earth. Stung by rare double-digit sales declines and burdened by a growing inventory of slow-selling pickups, Toyota