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- Business News ( 4 feeds / 1 sources )
- Stocks end up slightly after Fed notes’ release
Stocks ended slightly higher Tuesday, as fresh details from the Federal Reserve on its efforts to combat the recession helped offset disappointing economic reports.
- That cheap gasoline? Don’t get used to it
All that money you're saving these days at the gas pump? You might want to put it in the bank. - Alcoa to slash 13,500 jobs to save money
Alcoa Inc. said on Tuesday it will curtail production and cut some 13,500 jobs, or 13 percent of its global work force, to save cash and reduce costs in the current economic downturn. - Despite actions, Fed sees downturn lasting
Federal Reserve officials feared the economy would be stuck in a painful rut for some time despite their decision to slash interest rates to a record low.
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