News

NYPD Commissioner Is A Man Caught In The Middle

The ongoing work slowdown by the NYPD puts police commissioner William Bratton in a tough spot. Bratton was hired to improve relations between the NYPD and the community, as he's credited with doing in Los Angeles. But first, he will have to ease tensions between city hall and the department's rank-and-file.

Euro Falls To 9-Year Low Against U.S. Dollar

Europe may have a deflation problem. Eurozone consumer prices fell on an annual basis in December for the first time since the depths of the financial crisis five years ago. The decline was driven by a sharp drop in energy prices. The news is expected to increase pressure on the European Central Bank to come up with a more aggressive response to slow growth and high unemployment.