- The Latest: PepsiCo brings us the 'Puppymonkeybaby' Updated: Feb-07-16 7:15 pm
NEW YORK - The latest developments in Super Bowl commercials before, during and after the Big Game:
- UN condemns NKorea launch, pledges significant new sanctions Updated: Feb-07-16 5:11 pm
SEOUL, South Korea - The U.N. Security Council on Sunday strongly condemned North Korea's launch of a long-range rocket that world leaders denounced as a banned test of dangerous ballistic missile technology and another "intolerable provocation." The U.N.'s most powerful body pledged to quickly adopt a new resolution with "significant" new sanctions.
- HSBC reaches $470M deal with US, states over banking abuses Updated: Feb-05-16 6:10 pm
WASHINGTON - Banking giant HSBC has reached a $470 million settlement with the federal government and nearly all states over mortgage lending and foreclosure abuses that officials say helped intensify the country's economic meltdown, the Justice Department announced Friday.
- Anti-austerity Portuguese government gets EU's OK for budget Updated: Feb-05-16 1:09 pm
LISBON, Portugal - In a tug of war over budgets, the European Commission approved Portugal's so-called anti-austerity spending plan on Friday, but only after extracting a promise for almost $1 billion in additional cost cuts.
- Why pensions are the new flashpoint in Greece's crisis Updated: Feb-05-16 8:59 am
ATHENS, Greece - Combine a rapidly aging population, a depleted work force and leaky finances and any country's pension system would be in trouble. For debt-hobbled, unemployment-plagued Greece, it's a nightmare.
- British trader accused in flash crash case appears in court Updated: Feb-04-16 12:11 pm
LONDON - An American academic has defended a British trader accused of contributing to a 2010 flash crash in financial markets, arguing that stocks plummeted because of a confluence of events, including the actions an inexperienced mutual fund employee.
- Chance of UK rate increase fades amid global uncertainty Updated: Feb-04-16 9:57 am
LONDON - The likelihood that the Bank of England will raise interest rates in coming months receded on Thursday, after the bank cut its economic forecasts due to the slowdown in global growth and market turmoil.
- Survey: US employers added a solid 205K jobs in January Updated: Feb-03-16 9:18 am
WASHINGTON - U.S. businesses added a solid 205,000 jobs last month, lifted by robust gains in services and construction and extending a streak of steady hiring, according to a private survey.
- Brussels proposals to keep Britain in the EU under scrutiny Updated: Feb-02-16 2:27 pm
LONDON - A pivotal "in or out" referendum on Britain's future in the European Union moved one step closer Tuesday as British and European leaders presented new draft proposals aimed at keeping the 28-nation EU intact.
- US Bank CEO on economy, interest rates, vanishing branches Updated: Feb-02-16 11:38 am
NEW YORK - Richard Davis, the chief executive of regional banking giant U.S. Bank, took his job at a terrible time: late 2006, just months before the housing bubble began to pop, which quickly led to the financial crisis and the Great Recession.
- Puerto Rico seeks bond swap in proposed restructuring deal Updated: Feb-01-16 6:29 pm
SAN JUAN, Puerto Rico - Puerto Rico's government is pushing a bond swap with creditors to help generate revenue as U.S. legislators prepare to consider creating an oversight authority to help pull the island out of a deepening economic crisis.
- Rates on 3-month T-bills hit highest level since 2008 crisis Updated: Feb-01-16 5:21 pm
WASHINGTON - Interest rates on short-term Treasury bills rose in Monday's auction with rates on three-month bills rising to their highest level since the 2008 financial crisis.
- Comptroller says state budget still faces $7.1 M deficit Updated: Feb-01-16 4:06 pm
HARTFORD, Connecticut - State Comptroller Kevin Lembo is projecting a $7.1 million budget deficit in the current $20 billion fiscal year budget and warning that state revenues may continue to erode.
- Privacy cited for not disclosing why BSU president left Updated: Feb-01-16 8:19 am
MUNCIE, Indiana - Ball State University's board of trustees chairman says the resignation without explanation of the school's president after less than 18 months on the job was voluntary and the reason more information isn't being disclosed is to protect privacy.
- Spanish economy grows at fastest pace since financial crisis Updated: Jan-29-16 5:20 am
MADRID - Official figures show the Spanish economy grew by a strong 0.8 percent in the fourth quarter compared with the previous three months.
- US economy likely slowed sharply in October-December quarter Updated: Jan-29-16 3:18 am
WASHINGTON - The U.S. economy likely slowed significantly in the final three months of 2015 - and the picture seems to have grown gloomier in the first few weeks of 2016.
- The Latest: Trump campaign says rally raised $6 million Updated: Jan-28-16 11:47 pm
DES MOINES, Iowa - The Latest on developments from the 2016 Republican race for president, less than a week out from the Iowa caucuses (all times local):
- As the rest of the world dumps Chinese stocks, some wade in Updated: Jan-28-16 2:20 pm
NEW YORK - While the rest of the world scrambles to get out of the crumbling Chinese stock market, a trickle of investors is heading straight into the wreckage.
- IOC's Bach: Refugees will be honored at Rio Olympics Updated: Jan-28-16 11:28 am
ATHENS, Greece - A group of refugee athletes will march together in the opening ceremony of the Olympics in Rio de Janeiro in a symbol of hope for the world's migrants, IOC President Thomas Bach said Thursday.
- Private business hopes for bigger role in Vietnam economy Updated: Jan-28-16 12:53 am
BAT TRANG, Vietnam - After a decade of uneven progress, foreign and local businesses hope the reshuffled leadership of Vietnam's ruling Communist Party will double down on modernizing an economy dominated by state companies.
- Ex-Fannie Mae boss's lawyer: SEC lacks civil fraud evidence Updated: Jan-27-16 5:50 pm
NEW YORK - A former Fannie Mae top executive didn't mislead investors about the mortgage giant's exposure to subprime mortgages just before the housing bubble burst and should not face a civil trial in Manhattan, his lawyer said Wednesday.
- IOC's Bach: Rio de Janeiro Games will 'overwhelm' world Updated: Jan-27-16 4:47 pm
ATHENS, Greece - IOC President Thomas Bach predicted on Wednesday that the Olympics in Rio de Janeiro will "overwhelm" the world, despite Brazil's deep financial crisis.
- Panic is passÃ©: investors stay steady on retirement savings Updated: Jan-27-16 12:43 pm
Panic is so passÃ©.
- JPMorgan to pay $1.42 billion to Lehman Brothers Updated: Jan-26-16 1:40 pm
NEW YORK - JPMorgan Chase has agreed to pay $1.42 billion to settle allegations that it withheld critical funds from Lehman Brothers in the final days leading up to Lehman's collapse during the financial crisis.
- Romania offers Moldova aid to keep it solvent, and with West Updated: Jan-26-16 10:54 am
BUCHAREST, Romania - Romania offered Moldova emergency economic aid and a loan of 60 million euros ($65 million) on Tuesday in hopes of preventing economic collapse and keeping the impoverished ex-Soviet republic on a pro-European course.