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Economy

Auto accidents cost U.S. $100 billion

Automobile accidents cost the United States economy almost $100 billion annually, with a cost to each licensed driver of roughly $500 per year, according to a new study from the U.S. Centers for Disease Control and Prevention.

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Obama: Don’t extend tax breaks for wealthiest

CLEVELAND — President Barack Obama strongly defended his opposition to extending Bush-era tax breaks for the wealthiest Americans on Wednesday and delivered a searing attack on Republicans and their House leader for advocating “the same philosophy that led to this mess in the first place.”

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AOL signs new agreement with Google

NEW YORK CITY — Google Inc. will continue to provide the search results on AOL Inc.’s websites under a new, five-year deal the companies signed this week.

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Bernanke: Shut ‘em down

WASHINGTON, D.C. — Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.

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Judge blocks part of tax on Indian cigarettes

From Albany to Buffalo, they waited. Indian tribes, government officials and small business owners waited to learn a federal judge’s decision on whether an injunction would be issued to prevent the state from enforcing the collection of taxes on cigarettes sold ...

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