Latest News

Business News

  • Asian shares rise as investors await Japan vote, Fed choice

    HONG KONG (AP) — Asian shares pushed higher on investor optimism over the global outlook despite uncertainties over the outcome of political events in China and Japan and speculation over Trump’s choice for the next Fed chief. KEEPING SCORE: Japan’s benchmark Nikkei 225 crept less than 0.1 percent higher to 21,451.78 and South Korea’s Kospi […]
  • Romanian health workers protest against tax plan

    BUCHAREST, Romania (AP) — Some 7,000 Romanian public sector health workers demonstrated Thursday, demanding that the government eliminate a plan to make them pay more social security taxes. Protesters from all over Romania gathered in a central square in the capital city of Bucharest, blowing whistles and vuvuzelas, marching to the government’s main offices. Trade […]
  • US long-term mortgage rates fall; 30-year at 3.88 percent

    WASHINGTON (AP) — Long-term U.S. rates slipped this week, reversing two straight weekly increases. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages fell to 3.88 percent from 3.91 percent last week. A year ago, the benchmark rate stood at 3.52 percent. The rate on 15-year, fixed-rate mortgages, popular with homeowners who […]
  • Surprise! 4 things you didn’t know were taxable

    Tax season begins in just a few months, which means there’s precious little time left to prevent unwelcome tax surprises next April. For many people, the blow comes when they find out they have to report income they thought wasn’t taxable — and then have to come up with money to pay taxes on it. […]
  • Froke named APME executive director and AP Stylebook editor

    NEW YORK (AP) — A longtime newsroom and customer service leader at The Associated Press is the new executive director of Associated Press Media Editors and editor of the AP Stylebook. The appointment of Paula Froke to her new role was made Thursday by David Scott, AP’s deputy managing editor for operations. As executive director […]
  • Markets Right Now: S&P 500, Dow industrials eke out gains

    NEW YORK (AP) — The latest on developments in financial markets (All times local): 4 p.m. Stocks partly recovered from midday losses and finished mixed, barely keeping winning streaks alive for two main indexes. The Standard & Poor’s 500 index and the Dow Jones industrial average both edged slightly higher, marking the fifth straight gain […]
  • Report: Medicaid enrollments, costs begin to stabilize

    States are seeing more stability in their Medicaid programs after experiencing a surge in enrollment and costs associated with the Affordable Care Act, suggesting that one of the major pillars of former President Barack Obama’s health overhaul may be nearing its peak. At the same time, they are experiencing a high level of uncertainty as […]
  • US unemployment claims fall to 222,000, lowest in 44 years

    WASHINGTON (AP) — The number of Americans collecting unemployment benefits fell last week to the lowest level since Richard Nixon was president. THE NUMBERS: The Labor Department said Thursday that claims for jobless aid dropped by 22,000 to 222,000, fewest since March 1973. The less volatile four-week average slid by 9,500 to 248,250, lowest since […]
  • NYC water main breaks, sending geyser blasting onto house

    NEW YORK (AP) — Public works crews have repaired a broken water main that caused a geyser to erupt from the ground in front of a New York City home. The owner of the home in Staten Island’s Todt Hill section told the Staten Island Advance that a powerful stream of water began pounding the […]
  • UK probes alleged money laundering link to South Africa

    LONDON (AP) — U.K. authorities are investigating allegations that British banks inadvertently acted as conduits for money laundering linked to corruption in South Africa. British Treasury chief Philip Hammond passed on allegations raised in a letter by former Cabinet Minister Peter Hain to the Financial Conduct Authority, the National Crime Agency and the Serious Fraud […]
  • The Latest: Germany criticizes Israeli settlement plans

    JERUSALEM (AP) — The Latest on the Israeli-Palestinian conflict (all times local): 2:45 p.m. Germany is criticizing Israel’s plans to build some 3,000 new housing units in West Bank settlements, saying they undermine the possibility of a two-state solution to the long conflict with the Palestinians. The anti-settlement monitoring group Peace Now says that Israel […]
  • Helen DeVos, who backed health, education causes, dies at 90

    GRAND RAPIDS, Mich. (AP) — Helen J. DeVos, a philanthropist from western Michigan known for her support of children’s health, Christian education and the arts, has died at age 90, her family said Thursday. DeVos died Wednesday of complications from a stroke following a recent diagnosis of myeloid leukemia, her family said. She was the […]
  • The Latest: Senate passes $4 trillion budget blueprint

    WASHINGTON (AP) — The Latest on President Trump, Congress and $4.1 trillion budget plan (all times EDT): 9:30 p.m. The Senate has passed a $4 trillion budget blueprint that is a major step forward for President Donald Trump’s ambitious promises for “massive tax cuts and reform.” The 51-49 vote sets the stage for debate later […]
  • ‘Murder insurance’ or protection in self-defense cases?

    ATLANTA (AP) — The National Rifle Association is offering insurance for people who shoot someone, stirring criticism from gun-control advocates who say it could foster more violence and give gun owners a false sense of security to shoot first and ask questions later. Some are calling it “murder insurance,” and say that rather than promoting […]
  • British retail sales slip amid household income squeeze

    LONDON (AP) — Official figures show that retail sales in Britain fell by a bigger than anticipated 0.8 percent in September, a drop that analysts say has its roots in the squeeze on household incomes by a spike in inflation. Despite the monthly fall, the Office for National Statistics said retail sales were 0.6 percent […]