NEW YORK— The owner of Stop& Shop and Giant and the parent company of Food Lion completed their $29 billion combination after receiving regulatory clearance by the Federal Trade Commission. The Dutch retailer Royal Ahold NV owns Stop& Shop. Its rival, Belgium's Delhaize Group, is the parent company of Food Lion. » Read More
Policymakers must ensure that creditors must be willing to let firms fail in order to restore discipline, a top Fed official said.
The former Federal Reserve chair said there were no signs of extreme movements in the U.S. real estate and financial markets.
The chairman of a U.S. congressional committee subpoenaed Fed documents and communications related to a 2012 leak of information.
A hike in U.S. interest rates is not likely to be appropriate until early 2016, Chicago Federal Reserve President Charles Evans said on Wednesday.
ASingPost is redefining the role of the letter carrier, by creating a one-stop shop for retailers' e-commerce needs in Asia. The New York Times reports.
The FTC alleges that Nice-Pak misrepresented products, claiming they would break up shortly after being flushed down toilets.
No taxpayer dollars were spent on the transactions, and some employees have already been disciplined, officials told NBC News.
Republicans and Democrats can't even agree on what they believe is the nation's biggest issue.
Federal officials on Wednesday called for owners of recently recalled Ford vehicles to get them "fixed as soon as possible."
The company spent $5.5 million lobbying Congress in the first quarter, and its interests are as varied as one might expect.
Sections of the U.S. financial system that may be vulnerable to investor panic are raising concerns inside the Federal Reserve.
The TSA collected $76,000 in loose change left at security checkpoints in New York City area's three major airports last year.
H1-B is a non-immigrant visa in the United States that allows U.S. employers to temporarily employ foreign workers in specialty occupations. Jared Bernstein, Center on Budget and Policy and Bruce Morrison, Morrison Public Affairs, discuss whether the government should increase the quota on H1-B visas as demand outstrips supply.
Tech competitors have converged on New Mexico to help the developing world——and maybe drought-stricken California.
A lease has been signed in Brooklyn Heights for office space expected to be the headquarters of Clinton's 2016 White House bid, MSNBC reports.
The Internal Revenue Service is ignoring more than 60 percent of calls from taxpayers as the April 15 filing deadline looms.
The counterfeit money was concealed in place mats and a shoe bag from Ecuador, U.S. Customs says.
The FCC needs to take action to keep the big guys from taking advantage of auction policies to protect the little guys, says David Williams.
The U.S. Treasury has stopped issuing state and local government bonds ahead of the looming breach of the debt limit.
The DOE proposed to buy up to five million barrels of oil for the Strategic Petroleum Reserve, a federal web site showed.