Business News
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Gold and grain futures higher
Wednesday, Jun 19, 1:51 pm
(AP) - Gold ended higher and grain contracts climbed in Wednesday trading. The August contract rose $7.10 to end at $1,374 per ounce. July silver fell 5.4 cents to $21.623 an ounce, and... Read more...
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How the Dow Jones industrial average fared
Wednesday, Jun 19, 1:39 pm
(AP) - Stocks fell sharply Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank could slow its massive bond purchases this year and end them by mid-2014 if the economy improves... Read more...
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Figures on government spending and debt
Wednesday, Jun 19, 1:36 pm
Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30. Total public... Read more...
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5 things to know about the health care overhaul
Wednesday, Jun 19, 1:32 pm
(AP) - Still a little hazy about the health care overhaul? You have plenty of company. About half the people surveyed earlier this spring by the nonpartisan Kaiser Family Foundation felt... Read more...
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Fed sees lower US unemployment, more growth
Wednesday, Jun 19, 1:29 pm
WASHINGTON (AP) - The Federal Reserve sketched a slightly brighter picture of the U.S. economy this year and next, a sign it is moving closer to slowing its bond-buying program. The Fed... Read more...
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Stocks slide as Fed says bond purchases could slow
Wednesday, Jun 19, 1:08 pm
NEW YORK (AP) - Stocks are closing sharply lower and bond yields are rising after Fed Chairman Ben Bernanke said the central bank could slow its massive bond purchases this year. The Dow Jones... Read more...
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Bernanke declines to address future at the Fed
Wednesday, Jun 19, 12:04 pm
WASHINGTON (AP) - Ben Bernanke declined Wednesday to address speculation that he will step down as chairman of the Federal Reserve in January when his term ends, saying he wanted to keep the attention... Read more...
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Bernanke: Fed could reduce bond buys this year
Wednesday, Jun 19, 11:48 am
WASHINGTON (AP) - Chairman Ben Bernanke says the Federal Reserve could scale back its $85 billion in monthly bond purchases later this year if the economy continues to improve. Bernanke... Read more...
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News Summary: Assange still in Ecuadorean Embassy
Wednesday, Jun 19, 11:37 am
(AP) - BACK STORY: A year ago, Julian Assange skipped out on a date with Swedish justice. Rather than comply with a British order that he go to the Scandinavian country for questioning about sex... Read more...
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Comparing US Fed's views on economy, spending
Wednesday, Jun 19, 11:37 am
WASHINGTON (AP) - A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting on April 30-May 1: ECONOMY: May: The Fed "continues... Read more...
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News Summary: 5 key health overhaul points to know
Wednesday, Jun 19, 11:32 am
(AP) - Here are five key facts to know about the health care overhaul before major portions of it begin next year. 1. The 2010 law is still in effect, having survived Congressional and... Read more...
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News Summary: Greece in talks to end TV crisis
Wednesday, Jun 19, 11:28 am
(AP) - THE TALKS: Greece's governing coalition parties met for the second time in three days to try and end a political crisis triggered by the closure of state broadcaster ERT. THE TRIGGER:... Read more...
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Thailand cuts rice subsidy price after $4.4B loss
Wednesday, Jun 19, 11:22 am
BANGKOK (AP) - Thailand will pay farmers 20 percent less for rice to stem losses from a much-criticized subsidy program that dislodged the country from its spot as the world's No. 1 exporter of the... Read more...
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Best Buy recalls batteries over fire risk
Wednesday, Jun 19, 11:13 am
(AP) - Best Buy is recalling 5,100 replacement batteries for the MacBook Pro due to a fire risk. The U.S. Consumer Product Safety Commission said Wednesday that there have been 13 reports... Read more...
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Text of the Federal Reserve's statement Wednesday
Wednesday, Jun 19, 11:08 am
WASHINGTON (AP) - Here is the statement the Federal Reserve released Wednesday after its two-day policy meeting: Information received since the Federal Open Market Committee met in May suggests... Read more...
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