Bernanke offers no hint of pullback in Fed stimulus
WASHINGTON - The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said . Full Article
IRS official refuses to answer questions at scandal hearing
WASHINGTON - The Internal Revenue Service official at the center of a tax scandal about extra scrutiny of conservative groups told a congressional hearing on Wednesday she had done nothing wrong but asserted her constitutional right not to answer questions.
Twisters return, but Oklahoma short on shelters
The people of central Oklahoma know all too well the destructive power of a tornado, but residents had few basements and storm shelters to run to when the alarm sounded, officials said. Full Article
EU leaders shine spotlight on Apple tax policy
BRUSSELS - European leaders plan to discuss how to combat aggressive tax avoidance by major companies such as Apple, Amazon and Google and cut the estimated 1 trillion euros a year the EU loses to tax evasion or avoidance. Full Article
Stockholm riots belie image of happy Swedes
STOCKHOLM - Hundreds of young people have torched cars and attacked police in three nights of riots in immigrant suburbs of Sweden's capital, underscoring the country's failure to defuse youth unemployment and resentment of asylum seekers. Full Article
Syria rebels call for reinforcements
BEIRUT - Rebels fighting for control of the Syrian town of Qusair called for reinforcements to repel forces loyal to President Bashar al-Assad in a civil war which is spreading violence through an already volatile region. Full Article
No easy pickings in Russia's banking market
MOSCOW - Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for. Full Article | Factbox
Mursi meets released soldiers
May 22 - Egyptian soldiers are released by Islamist kidnappers and the border crossing reopens. Sarah Sheffer reports.
Latest Headlines
Apple, hypocrisy and stakeholder tax
Politicians are hypocrites when they complain about the cross-border tax strategies of Apple and other multinationals. But "hypocrisy is the tribute vice pays to virtue." It’s high time that companies admit taxes on profit are fair payments for the help that governments give them. Commentary
How much does Jamie Dimon matter?
To his supporters, he’s the personification of everything that’s best about the financial system. But to detractors, he’s the personification of all that’s wrong with modern banking — the arrogance, the resistance to new regulation, the astronomical pay in the face of obvious mistakes. Commentary
What Hollande can learn from Queen of Hearts
So far there has been little to show for his economic policies. Some actions have backfired and others have not gone far enough. Commentary
U.S. power: Down but still unrivaled
Beijing does not threaten to counterbalance U.S. power as gravely as America’s economy threatens to become imbalanced on its own. Commentary
The European Union's unending quandary
As recession deepens in the euro zone, the political questions about what comes next are resurfacing. Commentary
Party opinion usurps public opinion
We are witnessing the slow death of public opinion in this country. It’s being displaced by party opinion. Elections today are less and less about persuasion and more and more about mobilization: You rally your supporters in order to beat back your opponents. Commentary
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Japan's real estate resurgence
Japan’s property sector has been down in the dumps for decades. But the country's massive stimulus drive is finally convincing people to buy again as they bet interest rates and prices will rise. Video
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