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Updated: 8 hours 7 min ago

Fed weighs how, when to signal higher rates

8 hours 25 min ago
Debate is heating up within the Federal Reserve over how and when to signal that the days of record-low interest rates are numbered. A rate hike isn't imminent. But at their meeting Tuesday, Federal Reserve Chairman Ben Bernanke and his colleagues will likely focus on how to telegraph that higher rates are coming once the economic recovery is more deeply rooted. Eventually, Fed policymakers wil

Governors seek wind energy aid

9 hours 24 min ago
WASHINGTON (AP) — A coalition representing governors of 29 states is urging the federal government to take steps to boost wind energy, such as a renewable energy standard requiring utilities to produce at least 10 percent of their energy from renewable sources by 2012.The bipartisan Governors’ Wind Energy Coalition plans to make the recommendations Tuesday in a report to Congress and t

Government Could Cut Seconds First

12 hours 51 min ago
By PETER EAVIS It is one of the big unanswered questions of the housing crisis: Why hasn't the government pushed harder to include second mortgages in its anti-foreclosure efforts? Take a stressed borrower with a $200,000 first mortgage and a $50,000 second-lien loan, such as a home-equity line of credit. The government's foreclosure-prevention approach focuses primarily on modifying the fir