by Nick Hagar | Feb 1, 2016 | Business
WASHINGTON — Hong Kong is the most economically free country in the world again this year, while the United States places 11th, according to a think tank report. The right-leaning Heritage Foundation publishes a yearly “Index of Economic Freedom” that scores...
by Tyler Kendall | Jan 28, 2016 | Business
WASHINGTON – A new documentary proclaims that mobile app development isn’t just for boys anymore. CodeGirl shows that from young women in Nigeria solving waste disposal problems to high school students in Massachusetts promoting positive campus environments,...
by Mariana Alfaro | Jan 28, 2016 | Business
WASHINGTON — Companies’ trade secrets, which are vital to their growth, would be better protected from industrial spies under a bill creating federal standards to prosecute violators while still maintaining the integrity of the information. The Defend Trade...
by Nick Hagar | Jan 28, 2016 | Business
WASHINGTON — Federal research and development programs that aid innovative small businesses such as iRobot, should be renewed, experts said at a Senate committee hearing Thursday. The two r&d programs – nicknamed “America’s seed fund” – support small...
by Nick Hagar | Jan 28, 2016 | Business
WASHINGTON – A new hit movie about the housing market collapse and 2008 financial crash explained complicated economic issues through humor, but The Big Short may have portrayed bankers as more aware of the impending disaster than they were, some financial experts...
by Celena Chong | Jan 27, 2016 | Business
WASHINGTON — The Federal Reserve voted unanimously to leave the benchmark interest and discount rates untouched at 0.5 percent, but expects to keep raising rates gradually throughout the rest of 2016, the Fed announced Wednesday. The central bank froze the rate...
by Jasper Scherer | Jan 20, 2016 | Business, Health & Science, Politics
WASHINGTON — The United States is the 10th largest contributor to global innovation, 34 spots ahead of China, according to a report released Wednesday, while Finland and Sweden – countries whose spending on new technology and ideas is much less than America’s...
by Nick Hagar | Jan 19, 2016 | Business, Energy, Topics
WASHINGTON — U.S. oil production is likely to fall this year in part due to price volatility, a top government energy official told a Senate committee on Tuesday. Testifying before the Senate Energy and Natural Resources Committee, Adam Sieminski, administrator at the...
by Geordan Tilley | Jan 19, 2016 | Business, Topics
WASHINGTON — Australian Prime Minister Malcolm Turnbull on Tuesday emphasized his support for the Trans-Pacific Partnership, a deal to lower trade barriers among Pacific Rim countries, and said U.S. opponents should not fear the plan. Speaking to the U.S. ...
by Alex Duner | Jan 13, 2016 | Business, Topics
WASHINGTON — Heading into congressional budget season, the chairman of the House Budget Committee seems more interested in the complex budget process than in specific government spending priorities. “The process creates the product,” said Rep. Tom...
by Geordan Tilley | Jan 6, 2016 | Business
WASHINGTON – The House Rules Committee Wednesday reviewed a bill that could have a significant impact on class-action lawsuits such as those that could be brought against Volkswagen. The bill would limit participation in class-action lawsuits to people who...
by Nick Hagar | Jan 6, 2016 | Business
WASHINGTON – The chairman of an influential House committee called Wednesday for a “complete overhaul” of the federal Small Business Administration operations because of at least 10 years of investigations showing lax loan oversight and lack of security for its...
