WASHINGTONIN his first television interview, Federal Reserve chairman Ben Bernanke predicted that America's worst recession in decades likely will end this year, and that the economic recovery would gather steam next year.
In the '60 Minutes' interview broadcast by CBS late on Sunday, which the network said was the first by a sitting Fed chairman in 20 years, Mr Bernanke said the 'green shoots' of economic revival were already evident.
Insurance giant AIG pays out millions in bonuses
WASHINGTON — American International Group is giving executives in its most troubled business unit tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion dollars.
Democracy is certainly good for the economy
Satin and cotton cloth in red, blue, green and saffron lie strewn all over a mud floor under a makeshift roof at a slum in Aliganj, Lucknow.
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