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GE Energy Financial Services, Competitive Power Ventures and ArcLight Capital Partners said on Friday they closed the financing for the $842 million Woodbridge natural gas-fired power plant in New Jersey and expect to start construction this quarter. Comment?
For a central bank that prides itself on transparent communications, the U.S. Federal Reserve has a clear messaging problem. Comment?
It's official: Instead of policy doves on the U.S. central bank's Federal Open Market Committee, there are now only "non-hawks." Comment?
One of the Federal Reserve's most hawkish officials urged the central bank on Friday to curb bond buying to $70 billion a month when it meets later this month, while a noted policy dove agreed that the Fed could start to taper later this year. Comment?
The U.S. teacher training system is badly broken, turning out rookie educators who have little hands-on experience running classrooms and are quickly overwhelmed by the job, according to a report released Tuesday by the National Council on Teacher Quality. Comment?
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