WASHINGTON, May 22- President Barack Obama's choice to be transportation secretary promised on Wednesday to work with Congress to figure out how to fund U.S. transportation needs during a time of tight budgets and faced lingering Republican anger over recent air traffic controller furloughs.
CHARLOTTE, N.C.-- A state environmental agency is seeking a court injunction against Duke Energy Corp. over groundwater that may have been contaminated by coal ash from a Charlotte- area power plant.
RALEIGH, N.C.-- Supporters of a bill providing public money to low-income families to attend North Carolina private or religious schools said Monday passing the measure would help give all students the prospect of succeeding in life.
FHFA oversees the government-controlled Fannie Mae and Freddie Mac, the mortgage financiers that own or back about half of all U.S. home loans. Bank of America Corp, Goldman Sachs Group Inc and Wells Fargo& Co were among his top 20 contributors in his last election, according to the Center for Responsive Politics.
WASHINGTON, May 16- The U.S. economy showed fresh signs of slower growth in the second quarter, with factory activity slipping in the mid-Atlantic region while groundbreaking declined at home construction sites. We are seeing a soft start for growth in the second quarter, "said Sam Bullard, an economist at Wells Fargo in Charlotte, North Carolina.
CHARLOTTE, N.C.-- AT&T Inc. says it's looking to fill more than 400 openings in North Carolina, including more than 250 new jobs in dozens of locations statewide. The telecommunications company says Monday that it's expanding wired and wireless service.
*Bank of America to defend against remaining claims. May 7- American International Group Inc may pursue a lawsuit accusing Bank of America Corp's Countrywide unit of causing billions of dollars of losses by fraudulently inducing it to buy risky residential mortgage-backed securities.
President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
*Private hiring rises by 119,000 jobs in April. NEW YORK, May 1- U.S. companies hired the smallest number of employees in seven months in April while manufacturing growth slowed, providing more signs that the economy is encountering a soft patch.
*Private hiring rises by 119,000 jobs in April* Two reports show manufacturing growth slowed* Slower economic growth seen keeping Fed on course. NEW YORK, May 1- U.S. companies hired the smallest number of employees in seven months in April while manufacturing growth slowed, providing more signs that the economy is encountering a soft patch.
*ADP payrolls growth undershoots forecasts. NEW YORK, May 1- U.S. Since the last FOMC meeting, the data have been coming in weaker than expected, "said Sam Bullard, senior economist at Wells Fargo in Charlotte, North Carolina."
NEW YORK, May 1- U.S. companies hired the smallest number of employees in seven months in April while manufacturing growth slowed, providing more signs that the economy is encountering a soft patch.
NEW YORK, May 1- U.S. private-sector hiring slowed again in April as companies added the fewest employees in seven months, the latest sign the economy is encountering a soft patch, a report by a payrolls processor showed on Wednesday.
NEW YORK, May 1- U.S. private-sector hiring slowed again in April as companies added the fewest employees in seven months, the latest sign the economy is encountering a soft patch, a report by a payrolls processor showed on Wednesday.
NEW YORK, May 1- U.S. private employers added 119,000 jobs in April, well below economists' expectations in the latest piece of data to suggest the economy is encountering a soft patch, a report by a payrolls processor showed on Wednesday. STEVEN RICCHIUTO, CHIEF ECONOMIST, MIZUHO SECURITIES, NEW YORK:.
NEW YORK, May 1- U.S. private employers added 119,000 jobs in April, well below economists' expectations in the latest piece of data to suggest the economy is encountering a soft patch, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 150,000 jobs.
*White House faced pressure to replace current FHFA chief. Representative Mel Watt, a longtime consumer advocate, to oversee mortgage financiers Fannie Mae and Freddie Mac, a White House official said.