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Dow closes down nearly 300 points as Fed shakes markets

U.S. stocks fell sharply Friday, pressured by concerns over the implications of the Federal Reserve's decision to leave short-term interest rates unchanged.

Oil sinks amid broader sell-off as Fed fears global risks

Oil dropped for a second day Friday after the Federal Reserve left borrowing costs unchanged so it can take more time to ponder the impact of recent global economic turmoil on the U.S.

IRS tells Coca-Cola it owes $3.3 billion in back taxes

Coca-Cola was notified by the IRS that it owes $3.3 billion more in federal taxes, as well as interest, for 2007 to 2009, the company said Friday.

Trend of millennials living with parents is growing, not slowing

One lasting scar from the deepest recession since the 1930s is the phenomenon of young adults, facing their own financial challenges, forced to squeeze in the homes of their parents. And new data show the trend is getting worse, not better.

10 states burning the most coal

President Barack Obama released in August the final version of his climate policy and energy use program, the Clean Power Plan. The plan, if it passes, will allow the EPA to set carbon emissions targets for every state in the country. States will be required to meet the targets by changing energy sources. One of […]

Here's what it cost me to be in a sorority for 4 years

In April 2008, while wearing a pretty white dress, I recited a few ritualistic phrases and made a lifelong commitment.

EPA accuses Volkswagen, Audi of evading emissions laws

The Environmental Protection Agency on Friday accused Volkswagen of installing software on certain cars in the U.S. to evade federal emission regulations, potentially exposing people to harmful pollutants.

When is a lease not a lease? When it's an iPhone

Apple’s new “financing” plan — a lease in all but name — makes available for phones a payment structure that is more familiar in the auto market.

Penumbra IPO Soars After Pricing Above Range

Penumbra priced its initial public offering of 4 million shares at $30 per share on Thursday night, and the stock began trading Friday morning at $40.