Economy

  • June 23, 2004   BY  

    A divided Securities and Exchange Commission on Wednesday approved regulations changing the way mutual fund companies are governed in response to widespread scandals and corruption charges throughout the $7 trillion industry. Continue reading

  • June 23, 2004  

    U.S. companies continue to vie for reconstruction contracts in Iraq, despite dangerous conditions and the upcoming handover of power to the Iraqi interim government on June 30. Continue reading

  • June 22, 2004   BY  

    A lawsuit charging Wal-Mart with sex discrimination will move forward, a federal judge decided Tuesday, making it the largest private civil rights case in U.S. history. Continue reading

  • June 18, 2004   BY  

    The World Trade Organization ruled Friday that U.S. subsidies to cotton farmers are unfair to producers in Brazil, but the United States said it will appeal the decision. Continue reading

  • June 15, 2004  

    President Bush and Democratic presidential candidate John Kerry also used economic indicators to argue for their economic plans in separate speeches. Terence Smith looks at the time both candidates have invested in addressing concerns about the economy. Continue reading

  • June 15, 2004  

    At the Senate Banking Committee hearing to approve Federal Reserve Chairman Alan Greenspan for a fifth term, senators also sought to confirm whether a recent rise in retail inflation would lead the Fed to increase interest rates. Ray Suarez discusses the renewed interest in interest rates with Jeff Faux and David Jones. Continue reading

  • June 10, 2004  

    In the more than 15 years since the late President Ronald Reagan left office, experts have continued to debate the merits of his policies. His economic agenda — known as Reaganomics — was characterized by tax cuts, deficit spending and lower inflation. Continue reading

  • June 10, 2004  

    After years of labor struggles, United Airlines says it is on track to avoid bankruptcy this summer. Elizabeth Brackett looks at United’s turbulent flight back to friendly skies. Continue reading

  • June 4, 2004  

    U.S. employers added nearly a quarter of a million jobs in the month of May, the ninth straight month of growth, while the unemployment rate held steady at 5.6 percent. Correspondent Jeffrey Brown looks at the current job picture and its effect on new graduates with experts. Continue reading

  • June 4, 2004  

    Business correspondent Paul Solman reports on legal tax shelters and the backlash against them. Continue reading