WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke sees the possibility of continued high unemployment even after the recession loosens its grip, a key U.S. senator said on Monday after talking to him.
"It was a rather sobering meeting," Richard Shelby, an Alabama Republican, said on CNBC.
"I said, ... 'Could this be a jobless recovery?' ... and he said it could be," Shelby said.
NEW YORK (Reuters) - About 13 million Time Warner Cable Inc subscribers were to lose most Fox programing at midnight on Thursday unless the cable service provider reached a last-minute deal to pay fees to News Corp to broadcast the shows.
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