Newsroom Headlines

March 29, 2005 Judges Say Overhaul Would Weaken Bankruptcy System For nearly a decade, proponents of overhauling the nation’s bankruptcy laws have described their aim as ensuring that Americans who

March 28, 2005 Armstrong to Appeal Judge’s Decision After getting a surprising detour last month, Armstrong World Industries has taken the first legal steps toward finding a new way out of bankruptcy

March 25, 2005 Durable Orders Weak, Jobless Claims Rise New orders for U.S.–made durable goods barely gained last month but sales of new homes soared, mixed news that analysts said did little to alter

March 24, 2005 Consumer Prices Jump, Inflation a Worry The specter of inflation emerged, stoking interest-rate worries, after the government on Wednesday reported U.S. consumer prices jumped more than

March 23, 2005 Fed Raises Rates, Worries About Inflation For the seventh straight meeting, the Federal Open Market Committee (FOMC) increased its target for overnight interest rates by a quarter

March 22, 2005 Fed Expected to Raise Rates The Federal Reserve is expected to raise U.S. interest rates for a seventh straight time today, Reuters reported. The policy-making Federal Open Market

March 21, 2005 U.S. Consumer Sentiment Dips to 92.9 The University of Michigan consumer sentiment index fell to 92.9 in early March from 94.1 in February, the reports said, CBS MarketWatch reported

March 18, 2005 Republicans Close on Asbestos Fund The main author of a plan to compensate asbestos victims from a $140 billion fund said on Thursday he was close to getting Republican backing in the

March 17, 2005 House Committee Approves Bankruptcy Bill The House Judiciary Committee approved S. 256, as passed by the Senate, by a vote of 22–13. The bill is now cleared to proceed to the House

March 16, 2005 Ney, Kanjorski Introduce Subprime Mortgage Bill House Financial Services Housing Subcommittee Chairman Robert Ney (R–Ohio) and Financial Services Capital Markets ranking member Paul