Articles by Joseph Lazzaro

301-330 (out of 1112)

Joseph Lazzaro, U.S. Editor, served as Managing Editor of New York-based financial news web sites, 1999-2004, and as Economics/Markets Editor for AOL’s, 2008-2011.

US House Votes To Extend Low Student Loan Rates

The Republican-led U.S. House of Representatives defied a veto threat by President Barack Obama on Friday and voted to take money from his healthcare overhaul to pay for an extension of low-interest federal student loans.

US Consumer Sentiment Little Changed In April

Consumer sentiment was little changed in April as Americans expected the economy to slowly improve, though they were less cheery about the state of their own finances, a survey released on Friday showed.

Exxon Mobil 1Q Earnings Fall As Output Slips

Exxon Mobil Corp, the world's largest publicly traded oil company, posted a lower first-quarter profit on Thursday as its oil and natural gas production slumped more than 5 percent, pushing its shares down 1.1 percent premarket.

Fed Sticks To Late 2014 Rate Hike Plan

The Federal Reserve on Wednesday repeated its promise to leave interest rates on hold until at least late 2014 but offered few clues into whether it might offer additional stimulus later this year.

ECB's Draghi Tosses Crisis Ball Back To Governments

European Central Bank President Mario Draghi gave no indication on Wednesday that the ECB was poised to provide more support for banks or governments but also said the time was not right to consider rolling back its crisis-fighting measures.

U.S. Charges Ex-BP Engineer With Obstructing Spill Probe

A former BP Plc engineer was arrested and charged on Tuesday with trying to destroy evidence related to how much oil was spilling from the company's broken well in the Gulf of Mexico in April of 2010, the U.S. Justice Department said.

Emerging Powers Ready To Give Billions To IMF

Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.

BP, Private Plaintiffs Settle Over Gulf Oil Spill

BP Plc (BP.L) said on Wednesday it reached definitive agreements with well over 100,000 private plaintiffs to resolve claims for economic, property and medical damages resulting from the 2010 Gulf of Mexico oil spill.

Spain Bailout: Not If, But When, Experts Say

Economic experts watching Spain don't know how much money will be needed or precisely when, but some are near certain that Madrid will eventually seek a multi-billion euro bailout for its banks, and perhaps even for the state itself.

US Industrial Production Flat In March

Industrial output was flat for a second straight month in March, held back by a drop in manufacturing, according to a Federal Reserve report on Tuesday that suggested a cooling in factory activity.

Japan Vows $60 Billion To Boost IMF Firepower

Japan said on Tuesday it will provide $60 billion in loans to the International Monetary Fund, becoming the first non-European nation to commit money to boost the fund's financial firepower to contain the euro zone debt crisis.

US Trade Deficit Plunged To $46 Billion In February

The U.S. trade deficit narrowed unexpectedly in February as exports hit a record high, imports from China and other key suppliers declined and oil import volume fell to the lowest in 15 years, a government report showed on Thursday.

Fed's Dudley: Too Soon To Say US Economy Out Of Danger

The disappointing performance of the U.S. labor market in March shows it is too early to conclude the economy is out of the woods, despite months of encouraging economic data, New York Federal Reserve Bank president William Dudley said on Thursday.