WASHINGTON - The economy shrank in the first quarter for the second straight year, and some of the problems could linger into the summer, demonstrating the continuing weakness of the recovery from the Great Recession.
Stocks sank Friday following news that the U.S. economy shrank in the first three months of the year. The revised data showed that gross domestic product contracted 0.7 percent in the first quarter.
Charter Communications wants to buy both Time Warner Cable and Bright House Networks in a $67 billion deal. It will create an entity second in size to Comcast among the cable operators.
Every year the EPA sets levels for the renewable fuel standard or RFS, determining how much ethanol must be mixed into the nation's gasoline.
This photo shows the ten highest-paid female CEOs in 2014, according to a study carried out by executive compensation data firm Equilar and The Associated Press.