By the CNN Wire Staff (CNN) -- A new blowout preventer was installed atop BP's plugged well and its failed predecessor was being hauled to the surface, officials said Saturday.

By JACKIE CALMES WASHINGTON - As part of his pre-election push to spur the slumping economy and his party, President Obama this week will ask Congress to increase and permanently extend a popular but costly tax credit for businesses' research expenses, ...

By Jane M. Von Bergen The nation's unemployment rate inched up to 9.6 percent in August as public and private employers, for the third straight month, laid off more people than they hired, the Department of Labor reported Friday.

Two years after the last food crisis, when prices surged by nearly 15% in the UK, food inflation is back. Soaring global food prices have prompted City and food industry experts to warn that the cost of the weekly shop is set to rise by up to 10% in ...

After two more days of hearings this week about the 2008 credit meltdown, the lid on Federal Reserve Chairman Ben Bernanke's black box remains shut and locked.