Vladimir Putin has few good options other than pointing the finger at the U.S. and its allies as he seeks to stem the panic sparked by the collapse of the ruble.
NEW YORK (Reuters) - A tiny mutual fund based in Miami, a clutch of cruise line operators and a Canadian natural resources company are the early winners in the Obama administration's surprise move on Wednesday to thaw relations with Cuba.
Federal Reserve officials see the federal funds rate rising less by the end of 2015 than they projected three months ago, according to the median estimate of new forecasts released today.
ALBANY, N.Y. (CBSNewYork/AP) - Gov. Andrew Cuomo's administration will move to prohibit fracking in New York, citing unresolved health issues and dubious economic benefits of the widely used gas-drilling technique.
U.S. stocks rallied, giving the Standard & Poor's 500 Index its biggest gain since October, as energy shares rebounded and the Federal Reserve said it will be patient on the timing of the first interest-rate increase since 2006.