Economic Stimulus Act

The Federal Reserve has made $14 billion in profits on loans made in the last two years, The Financial Times reported on Monday, citing officials close to the matter.

The U.S. economy does not need a second fiscal stimulus package, instead the government should cut spending over the next two years, according to a survey of business economists released on Monday.

Japan’s factory output rose for the fifth straight month in July as manufacturers gained confidence in the country’s nascent recovery.

Japan’s factory output rose for the fifth straight month in July as manufacturers gained confidence in the country’s nascent recovery.

The morning after a historic victory by Japan’s opposition party in national elections, pressure was already mounting Monday for quick, definitive action on a host of problems facing the country, with jump-starting the economy at the top of the list.

The morning after a historic victory by Japan’s opposition party in national elections, pressure was already mounting Monday for quick, definitive action on a host of problems facing the country, with jump-starting the economy at the top of the list.

A historic election win for Japan’s opposition Democratic Party on Sunday is likely to buoy Tokyo shares on hopes for less policy deadlock, putting pressure on Japanese government bonds and the yen.

A historic election win for Japan’s opposition Democratic Party on Sunday is likely to buoy Tokyo shares on hopes for less policy deadlock, putting pressure on Japanese government bonds and the yen.

The national association representing state highway safety officials on Sunday threw its support behind a growing movement to ban text messaging by drivers, reversing its previous stand.

Japan’s opposition swept to a historic victory in elections Sunday, crushing the ruling conservative party that has run the country for most of the postwar era and assuming the daunting task of pulling the economy out of its worst slump since World War II.