Reuters - The U.S. central bank does
not know the exact interest-rate setting needed to balance high
readings on inflation with expectations of slowing growth,
Federal Reserve Board Governor Susan Bies said on Tuesday.
Reuters - Stocks fell on Tuesday, taking the Dow
below 11,000 for the first time in three months, as investors
grappled with the prospect of more interest-rate increases and
a slowing economy.
Reuters - General Motors Corp.
will continue to face competitive challenges and record
high commodity prices as it struggles to cut costs, Chairman
and Chief Executive Rick Wagoner said on Tuesday.
Herley says it, chairman indicted by attorney's office
(Reuters) Reuters - Herley Industries Inc. on Tuesday said
the U.S. Attorney's office has indicted the company and its
chairman on charges of making excessive profits on three
contracts with the Department of Defense.
Reuters - The International Monetary Fund
warned on Tuesday that the Dubai Ports row may have had an
impact on investment flows to the United States from Arab
countries, an increasingly important source of financing for
the U.S. trade deficit.
