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Fed holds rates at record lows to foster recovery (AP)

A television is shown as traders work on the floor of the New York Stock Exchange in New York, Tuesday, March 16, 2010. Stocks held on to modest gains Tuesday after the Federal Reserve gave a mildly more upbeat view of the economy. The Fed, which also said it will keep interest rates low for 'an extended period,' said businesses are spending 'significantly' more on equipment and software. The Fed also gave a marginally more upbeat assessment of the job market, though it said employers remain reluctant to hire.(AP Photo/Seth Wenig)AP - The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease high unemployment.


UK union in talks with Teamsters over BA strike (AP) AP - Britain's Unite union said Tuesday that it was in talks with the U.S. International Brotherhood of Teamsters regarding the weeklong strike it plans against British Airways.Housing construction drops 5.9 pct in February (AP)

Construction workers build one of a number of new single family homes in a subdivision outside San Diego as new home construction returns to San Marcos, California March 8, 2010. The Obama administration has more work to do to help struggling U.S. homeowners, despite signs of a stabilizing housing market, a senior Treasury official said on Monday. REUTERS/Mike Blake (UNITED STATES - Tags: EMPLOYMENT BUSINESS POLITICS CONSTRUCTION)AP - Housing construction fell in February as winter blizzards held down activity in the Northeast and South. The decline highlighted the challenges facing builders as they struggle to emerge from the worst housing slump in decades.


Stocks rise after Fed pledges to keep rates low (AP)

Traders work on the floor of the New York Stock Exchange, February 5, 2010. REUTERS/Brendan McDermidAP - The Federal Reserve's mildly upbeat take on the economy and its plans to hold interest rates low gave stocks a lift.


Conn. officials feel pressure over job losses (AP) AP - Job cuts at United Technologies Corp. are adding to the political debate over taxes and other costs of doing business in Connecticut.
 
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