Fed sees openings for economic growth, keeps rates low
In its last scheduled meeting of the 2009 calendar year, a committee of top Federal Reserve officials said on Wednesday that it would continue to keep interest rates at record low levels for an extended period, as expected, but acknowledged that the labor market deterioration is abating. Read Full Article here.
FTC on Intel: They deliberately 'put brakes on competitive threats' to its monopoly
The Federal Trade Commission announced Wednesday that it has sued Intel Corp., the world's largest chip maker, alleging it has used its dominant market position for a decade to stifle competition and strengthen its monopoly. Read Full Article here.
Microsoft browser pledge ends EU dispute
European Union regulators accepted Microsoft Corp's pledge to give European consumers better access to rival Internet browsers in Windows, ending a long antitrust dispute with the U.S. software maker. Read Full Article here.
Consumer prices rise as expected
U.S. consumer prices rose in line with expectations in November on a surge in energy costs, but prices were flat, excluding food and energy, a government report showed on Wednesday. Read Full Article here.
White House pushes policies to help manufacturing
The United States must improve the business climate for manufacturers and not place undue regulatory burdens on the sector, the White House said on Wednesday ahead of a meeting focused on the industry. Read Full Article here.