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NEW YORK: Google Inc Executive Chairman Eric Schmidt said widespread U.S. government spying on its data centers would be outrageous and potentially illegal if true, the Wall Street Journal reported.
WASHINGTON: Federal Reserve Chairman Ben Bernanke said on Tuesday the Fed will maintain ultra-easy U.S. monetary policy for as long as needed and will only begin to taper bond buying once it is assured that labor market improvements would continue
Federal Reserve Chairman Ben Bernanke said on Tuesday the Fed will maintain ultra-easy US monetary policy for as long as needed, which could mean holding interest rates near zero until "well after" US unemployment falls under 6.5%.
COMMERCE CITY, Colo: Highlighting a pledge to crack down on the multibillion-dollar illicit global trade in wildlife, U.S. authorities on Thursday pulverized 6 tons of seized ivory from thousands of elephants slaughtered by poachers for their prized tusks.
WASHINGTON: Search giant Google Inc on Wednesday warned that U.S. spying operations risk fracturing the open Internet into a "splinter net" that could hurt American business.
WASHINGTON: The U.S. government could reduce its support for high-cost mortgages as soon as October of next year, a top regulator said on Monday in a statement that amounted to a show of confidence in the housing recovery.
Chinese companies faced the most scrutiny over their US acquisitions last year, eclipsing British firms for the first time, according to a report issued on Thursday.