News bites: Goldman strikes back

Goldman prepares to push back against Senate investigation.

EU plan to make airlines pay for carbon emissions could spark trade war, Airbus warns.

FT writer lays out case for Federal Reserve to stimulate economy with a QE3.

The construction sector could continue to struggle.

New York spends the most money on care for disabled children, but its institutions can be houses of horror.

Opposing taxes has become a way of life for Republicans.

IMF approves huge loan to Egypt.

The use of smartphones instead of credit cards gains momentum.