rate hike

Don't look now, but the cord-cutting trend continues for Comcast. Though the country's largest cable provider tried to mask its woes with upbeat spin in its quarterly report, Comcast is serving 577,000 fewer households than it was a year ago.

The Fed's next consumer price report out Thursday is likely to show a scant 0.3% rate in January. So why does it feel like prices everywhere are climbing noticeably? A different way of measuring inflation from MIT's Billion Prices Project provides an answer.

Friday's action notwithstanding, in which gold prices rose as the stock market sold off, safe-haven assets are suffering at the expensive of equities and other riskier assets. That's what happens when the global economy appears to be picking up steam.

The utility National Grid blew $100 million on dubious expenses and the company got caught by New York state paying to relocate an executive's wine collection and for another's private-school tuition bills. Coincidentally, the Massachusetts attorney general said, they also want a $104 million rate...

With the economic recovery still on fragile ground, crippled by a 10 percent unemployment rate, Ben Bernanke reaffirms the Federal Reserve's position to hold the brakes on a key interest rate for the foreseeable future.

Federal Reserve Chairman Ben Bernanke is set to speak Monday at an Economic Club of New York luncheon. But don't expect him to say anything that will cause the attendees to gag on their frisee. As much as American savers and U.S. trading partners are freaking out about the Incredible Shrinking...