- US wholesale stockpiles rise in August, but sales fall Updated: Oct-09-15 10:09 am
WASHINGTON - Cheaper oil and less demand for autos and machinery weighed on wholesalers in August, as their inventories edged up just slightly while sales dropped.
- Comptroller: Connecticut wage growth continues to lag Updated: Oct-08-15 5:49 pm
HARTFORD, Connecticut - Wage growth in Connecticut remains below pre-recession levels despite improvements in job growth, further complicating the state's budgetary challenges, according to report released Thursday by Comptroller Kevin Lembo's office.
- Tsipras insists he can lead Greece out of crisis by 2019 Updated: Oct-07-15 7:28 pm
ATHENS, Greece - Greece's left-wing prime minister easily won a confidence vote early Thursday, and pledged to usher the bailout-reliant country out of its financial crisis by 2019, mitigating creditor-mandated austerity with support for the poor.
- IMF sees recession for Latin America on commodities shock Updated: Oct-07-15 6:21 pm
LIMA, Peru - Latin America's economy is likely to go into recession this year for the first time since the end of the global financial crisis as China's slowdown lessens demand for the region's commodities, threatening to undo recent progress in reducing poverty, the International Monetary Fund said Wednesday.
- Tax hike on humble Greek drink threatens town's future Updated: Oct-07-15 7:23 am
TIRNAVOS, Greece - At Statiris Tavern, the patrons' faces are hardened from a life of hard work - truck drivers, builders, and farmers who've just ended their grueling grape harvest.
- Rio Olympics cutting costs with Brazil deep in recession Updated: Oct-06-15 1:37 pm
RIO DE JANEIRO - Olympic organizers, faced with the reality of a country deep in recession, are trimming costs to keep their budget balanced.
- IMF downgrades forecast for world, emerging market economies Updated: Oct-06-15 12:51 pm
LIMA, Peru - China's slowdown and tumbling commodity prices will push global economic growth this year to the lowest level since the recession year 2009, the International Monetary Fund predicted Tuesday.
- Bernanke defending Fed actions to battle recession Updated: Oct-05-15 2:37 pm
WASHINGTON - Former Federal Reserve Chairman Ben Bernanke says the U.S. economy is outperforming Europe at the moment because the Fed moved more quickly and aggressively to fight the 2008 financial crisis than Europe did.
- Public defender says court appointed defense pays little Updated: Oct-03-15 11:10 am
COLUMBUS, Ohio - The Ohio public defender says qualified lawyers are increasingly cutting back on court-appointed work representing poor defendants, leaving that work to less-experienced attorneys.
- Weakness and strength: 7 snapshots of the US job market Updated: Oct-03-15 10:06 am
WASHINGTON - The U.S. job market no longer looks quite so robust.
- Illinois tax break deals yield uncertain results for state Updated: Oct-02-15 5:19 pm
CHICAGO - A newspaper analysis shows that companies who receive tax breaks through Illinois' primary job-creation program often don't add jobs and sometimes even lay off workers.
- An ailing global economy starts to weigh on US job market Updated: Oct-02-15 4:25 pm
WASHINGTON - A sagging global economy has finally caught up with the United States.
- Wal-Mart HQ cuts with 'need to become a more agile company' Updated: Oct-02-15 4:11 pm
NEW YORK - Wal-Mart laid off 450 workers at its headquarters Friday as the world's largest retailer attempts to become more nimble so that it can better compete with the likes of Amazon.com.
- Apart from low unemployment, just how healthy is job market? Updated: Oct-01-15 3:51 pm
WASHINGTON - The U.S. unemployment rate - now just 5.1 percent - grabs a lot of the attention each month when the government issues its jobs data. Yet the rate doesn't come close to sketching a full picture of the job market.
- Developer plans to appeal $2.3 million judgment Updated: Oct-01-15 2:58 pm
TACOMA, Washington - A developer plans to appeal a $2.3 million judgment awarded to an investor.
- Eurozone consumer prices falling once again due to cheap oil Updated: Sep-30-15 6:37 am
LONDON - Consumer prices across the 19-country eurozone fell in September for the first time in half a year as energy prices tanked, official figures showed Wednesday, in a development that's likely to ratchet up pressure on the European Central Bank to give the region more stimulus.
- Legislative analysts: New Mexico's economy still recovering Updated: Sep-28-15 2:34 pm
SANTA FE, New Mexico - Legislative analysts say New Mexico's economy shows some signs of recovery but continues to struggle compared with those of neighboring states and the country as a whole.
- US new-home sales surge 5.7 percent in August to 7-year high Updated: Sep-24-15 11:53 am
WASHINGTON - Buoyed by steady job gains and low mortgage rates, Americans purchased new homes in August at the fastest pace in more than seven years.
- AP Interview: Finance minister says no recession in Canada Updated: Sep-23-15 2:39 pm
TORONTO - Canada's finance minister says Canada is not in recession now and wasn't in recession in the first half of the year despite data showing otherwise.
- Junction City reassess plans for lots after overbuilding Updated: Sep-22-15 2:36 pm
JUNCTION CITY, Kansas - Junction City officials remain optimistic the lots the city took back from developers after overbuilding a decade ago will be sold, even though only two of the first 25 lots offered for sale received bids.
- Most Alaskans will get record $2,072 each in oil money Updated: Sep-21-15 4:34 pm
ANCHORAGE, Alaska - Oil prices are so low that they are hovering at benchmarks not seen in years, plunging oil-dependent Alaska into a crippling budget deficit. But the industry's woes won't affect how much the state's oil investment account pays out to Alaskans, even though the government has been scrambling to pay the bills.
- Colorado high court rebuffs school funding challenge Updated: Sep-21-15 4:27 pm
DENVER - A divided Colorado Supreme Court rebuffed a legal challenge Monday to how the state funds public schools, telling a parents' group that lawmakers can slash education budgets and still comply with a constitutional amendment requiring increases to funding per pupil.
- Writings of Harper Lee's dad reveal Atticus Finch's conflict Updated: Sep-19-15 10:50 am
MONROEVILLE, Alabama - Long a hero to millions of readers, Atticus Finch is a conflicted figure these days.
- US household wealth reaches new high of $85.7 trillion Updated: Sep-18-15 1:27 pm
WASHINGTON - Rising home values drove a modest increase in Americans' household wealth to a new high of $85.7 trillion in the April-June quarter.
- Fed leaves key interest rate unchanged, citing low inflation Updated: Sep-17-15 6:02 pm
WASHINGTON - The Federal Reserve ended weeks of speculation Thursday by keeping U.S. interest rates at record lows in the face of threats from a weak global economy, persistently low inflation and unstable financial markets.