US fiscal policy 'too stimulative': business economists

Following approval of the massive US tax cut, a majority of economists now say fiscal policy is adding too much fuel to the world's largest economy, according to a survey published Monday.

Federal budget authority for R&D in 2014 rises slightly

New data indicate that in fiscal year (FY) 2014, Congress gave federal agencies authority to spend $3.2 billion more on research and development and R&D plant (together) than in FY 2013. However, the increase only partially ...

Senate seeks to reverse law on engineered crops

The Senate is seeking to reverse a controversial law that allows farmers to harvest genetically modified crops even when the crops are caught up in legal battles.

United Tech: Europe improving, military parts down

Sharp cuts in U.S. military spare parts orders are hurting United Technologies Corp.'s helicopter maker, Sikorsky, the chief financial officer said Tuesday, although he was more optimistic about prospects in Europe.

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