U.S. economic growth slowed in the fourth quarter, and economists are looking for an even weaker showing in the first quarter as severe winter weather takes its toll. But the retreat is expected to be short-lived. Stronger growth is expected for the rest of the year, thanks to a recovering job market that should boost consumer spending.
The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energy Department advisory council says in a study to be released Friday.
Global stock markets on Friday recovered their poise after the previous day's losses when investors were spooked by the escalating conflict in Yemen. However, oil prices slipped back from Thursday's sizeable advance when traders worried about the conflict's impact on oil supplies.
Republicans muscled a balanced-budget plan through the Senate early Friday, positioning Congress for months of battling President Barack Obama over the GOP's goals of slicing spending and dismantling his health care law.
As Indian companies scramble to meet a deadline to appoint women to their boards, some wealthy business owners have a solution that meets the letter if not the intention of the law: appointing their wives.
Thailand is facing bans on new international flights and increased inspections after the International Civil Aviation Organization flagged significant concerns about the country's aviation safety, officials said Friday.
The cutting-edge technology was billed as a way to decipher where exactly the morass of nuclear fuel might sit at the bottom of the Japanese power plant that went into multiple meltdowns four years ago.
Germanwings co-pilot Andreas Lubitz appears to have hidden evidence of an illness from his employers, including having been excused by a doctor from work the day he crashed a passenger plane into a mountain, prosecutors said Friday.
Thailand's junta leader has vowed to take legal action against companies using forced labor, after an Associated Press investigation revealed that fish caught by enslaved migrant workers was being exported from Thai ports to global markets.