Federal Reserve Chairman Ben Bernanke has called the financial system "frustratingly slow." Today, Congress will discover whether he still thinks so, even after Friday's news that hiring augmented during the month of January and unemployment hit a three-year low.
Lifting up the bets in streamed entertainment, phone giant Verizon Communications Inc. will roll out a novel national streaming service in a JV with DVD-rental company Redbox later on this year.
Fearing a tide of spending by outside conservative groups, President Barack Obama is forwarding his approval to a pro-Democratic Party “super PAC”, which will work to assist his reelection.
BP Plc, Europe’s second-biggest oil firm, stated profit heightened during the fourth quarterly period on higher crude rates and lifted up its dividend.