Health care signups pick up but may not close gap
2013-12-11 20:28:38 UTC
WASHINGTON (AP) — With time running short, the nation's health care rolls still aren't filling up fast enough.
New signup numbers Wednesday showed progress for President Barack Obama's health care law, but not enough to guarantee that Americans...
US household wealth reaches record high $77.3T
2013-12-09 20:27:59 UTC
WASHINGTON (AP) — Americans' wealth reached an all-time this summer, buoyed by record-setting stock prices and a healthy recovery in home values.
The Federal Reserve says to U.S. net worth, a measure of household wealth, rose 2.6 percent to $77.3...
Deal to boost global trade reached at WTO summit
2013-12-07 08:51:09 UTC
BALI, Indonesia (AP) — A deal to boost global trade has been approved by the World Trade Organization's 159 member economies for the first time in nearly two decades, keeping alive the possibility that a broader agreement to create a level playing...
US economy grows at 3.6 percent rate in 3rd qtr.
2013-12-05 17:04:40 UTC
WASHINGTON (AP) — The U.S. economy grew at a 3.6 percent annual rate from July through September, the fastest since early 2012. But nearly half the growth came from a buildup in business stockpiles, a trend that could reverse in the current quarte...
Average US rate on 30-year loan rises to 4.46 pct
2013-12-05 17:02:08 UTC
WASHINGTON (AP) — Average U.S. rates for fixed mortgages rose sharply this week, making home-buying slightly less affordable.
Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year loan jumped to 4.46 percent from 4.29 percent...
EU fines banks $2.3 billion for market rigging
2013-12-04 12:00:09 UTC
AMSTERDAM (AP) — The European Commission has fined a group of banks $2.3 billion for colluding to profit from derivatives linked to rigged interest rates.
Competition commissioner Joaquin Almunia said Wednesday the most shocking aspect of the c...
Spain's Nov jobless falls for 1st time since 1997
2013-12-03 09:37:30 UTC
MADRID (AP) — Official figures show the number of people registered as unemployed in Spain fell by a little under 2,500 in November, the first drop during the month since the current system was introduced 1997.
The decline provided further evid...
Cyber Monday draws $1.74B billion holiday dollars
2013-12-03 23:38:53 UTC
NEW YORK (AP) — Cyber Monday is still on top.
Retailers from Wal-Mart Stores to Amazon started rolling out "Cyber" deals at the beginning of November, and kept them going on Thanksgiving and Black Friday. That led some to wonder if earlier sale...
Record crowds over weekend, but spending declined
2013-12-02 07:36:21 UTC
NEW YORK (AP) — Retailers got Americans into stores during the start to the holiday shopping season. Now, they'll need to figure out how to get them to actually shop.
Target, Macy's and other retailers offered holiday discounts in early Novembe...
Americans kick off first holiday shopping weekend
2013-11-30 19:54:26 UTC
Millions of Americans turned out as the holiday buying season started earlier this year on Thanksgiving Day. But there's still a lot of shopping left.
While figures aren't yet available on how many people shopped on the first two days of the ho...
Americans kick off 2-day holiday shopping marathon
2013-11-29 17:57:42 UTC
The holiday shopping season started as a marathon, not a sprint.
More than a dozen major retailers from Target to Toys R Us opened for 24 hours or more on Thanksgiving Day through Black Friday, the traditional start to the holiday shopping peri...
Asia stocks lower ahead of Europe data, US sales
2013-11-29 09:06:11 UTC
BEIJING (AP) — Asian stock markets were mostly lower Friday as traders awaited European inflation data and the first day of the U.S. Christmas shopping season.
The region's heavyweight, Japan's Nikkei 225, tumbled 0.8 percent to 15,607.75 after...
Health law business insurance site delayed 1 year
2013-11-27 22:47:01 UTC
CHICAGO (AP) — The Obama administration is delaying yet another aspect of the health care law, putting off until next November the launch of an online portal to the health insurance marketplace for small businesses.
The move, announced Wednesda...
Wall of storms threatens to upend holiday travel
2013-11-27 08:08:55 UTC
CHICAGO (AP) — A wall of storms packing ice, sleet and rain could upend holiday travel plans as millions of Americans take to the roads, skies and rails Wednesday for Thanksgiving.
So far, the deadly storms barreling into the mid-Atlantic and N...
Typhoon ruined traditional, high-tech livelihoods
2013-11-26 10:00:24 UTC
TANAUAN, Philippines (AP) — As Typhoon Haiyan tore across the eastern Philippines, coconut plantations older than the fathers of the men who tend them were smashed like matchsticks and call centers that field customer service gripes from around th...
Iran nuke deal could push oil prices lower
2013-11-25 19:16:30 UTC
NEW YORK (AP) — Oil prices could be headed lower after the preliminary nuclear deal between Iran and six world powers, even though it does not loosen sanctions on Iran's oil exports.
In the short term, the deal may make it easier for Iran to se...
Mercedes builds a dream machine
2013-11-23 05:18:24 UTC
Frankfurt - There is just no denying it: Mercedes-Benz has known how to set the world’s heart aflutter of late.
As a follow-up its Frankfurt motor show-stealing Concept S-Class Coupé, the German automaker presented something decidedly more outlan...
Loud cellphone talkers next bane of air travelers?
2013-11-22 09:45:58 UTC
NEW YORK (AP) — Airline passengers have already been stripped of their legroom, hot meals and personal space. Now, they might also lose their silence.
The Federal Communications Commission is considering lifting its longtime prohibition on maki...
Just 10 percent of Calif. car chargers delivered
2013-11-21 07:51:51 UTC
LOS ANGELES (AP) — A New Jersey energy company required by an unusual legal settlement to build an extensive network of electric car chargers throughout California has delivered just 10 percent of what it promised in the first year.
Creditors conclude talks in Greece, back December
2013-11-20 21:06:53 UTC
ATHENS, Greece (AP) — Greek officials say bailout creditors have concluded a round of talks with the government on demanded austerity measures and will return to Athens early in December.
Tough negotiations over the past two weeks focused on 20...
Farm bill takes aim at state animal welfare laws
2013-11-19 09:02:20 UTC
WASHINGTON (AP) — The future of state laws that regulate everything from the size of a hen's cage to the safe consumption of Gulf oysters may be at stake as farm bill negotiators work to resolve a long-simmering fight between agriculture and anima...
Fight begins over opening up Mexico's oil monopoly
2013-11-18 07:53:27 UTC
MEXICO CITY (AP) — The fight to revamp Mexico's moribund, state-run oil industry could start as early as this week with a Senate proposal to allow private access to the country's oil, a nationalist symbol that for decades has been fiercely protect...
Geithner to join private equity firm
2013-11-17 09:34:02 UTC
Former U.S. Treasury Secretary Timothy Geithner, who played a central role in the government's response to the financial crisis of 2008-2009, is joining private equity firm Warburg Pincus LLC.
The firm announced Saturday that Geithner will serv...
Retailers take on Silicon Valley
2013-11-15 09:26:46 UTC
SAN FRANCISCO (AP) — Software engineers wearing jeans and flip flops test the latest smartphone apps. Walls and windows double as whiteboards where ideas are jotted down. And a mini basketball net is in the center of it all.
At first glance, th...
US trade deficit widens 8 percent in September
2013-11-14 21:38:58 UTC
WASHINGTON (AP) — The U.S. trade deficit widened in September as imports increased to the highest level in 10 months while exports slipped. The wider gap suggests growth was somewhat slower over the summer than previously estimated.