- Michigan Senate approves $1.5B road plan with gas tax hike Updated: Jul-01-15 10:08 pm
LANSING, Michigan - The Republican-led Senate on Wednesday approved a $1.5 billion plan to improve deteriorating Michigan roads by raising fuel taxes and redirecting money from elsewhere in the budget.
- China scrambles to reassure jittery stock traders Updated: Jul-01-15 10:55 am
BEIJING - Chinese authorities are scrambling to reassure jittery investors after soaring stock markets plunged, threatening to set back economic reform plans.
- Armenia whacked by protests over electricity price hike Updated: Jul-01-15 3:44 am
YEREVAN, Armenia - Street protests in Armenia against a hike in electricity prices, which have been roiling the capital for nearly two weeks, are the most serious unrest the Caucasus nation has seen in years. The protests are continuing despite the president's decision to suspend the price rise.
- Alaska stops Medicaid providers inflation-linked increases Updated: Jun-30-15 12:25 pm
ANCHORAGE, Alaska - The state is facing a $100 million drop in Medicaid funding for the coming year and won't be increasing rates for providers as a result.
- Retail gasoline prices down in Texas for 2nd straight week Updated: Jun-30-15 11:28 am
COPPELL, Texas - Retail gasoline prices across Texas have declined for a second straight week as drivers prepare for the July Fourth holiday weekend.
- US home prices climbing steadily Updated: Jun-30-15 9:42 am
WASHINGTON - U.S. home prices increased at a solid clip in April, led by double-digit jumps in Denver and San Francisco.
- Eurozone inflation rate dips but still remains positive Updated: Jun-30-15 5:17 am
BRUSSELS - Official figures show that inflation across the 19-country eurozone eased in the year to June to 0.2 percent from 0.3 percent the month before.
- Contact lens companies say Utah law hurts their business Updated: Jun-29-15 7:55 pm
SALT LAKE CITY - Contact-lens manufacturers say a hotly contested Utah law banning minimum prices for their product takes direct aim at their business model, and they will lose money if it stays on the books.
- US pending home sales climb to 9-year high Updated: Jun-29-15 10:41 am
WASHINGTON - More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level in more than nine years.
- US economy not as bad in 1st quarter, paving way for rebound Updated: Jun-24-15 11:25 am
WASHINGTON - The U.S. economy contracted in the first three months of the year, just not as much as previously estimated. More recent data show that the weakness was largely temporary, with a rebound in the works for the April-June quarter.
- Here's why home sales are finally surging Updated: Jun-22-15 5:02 pm
WASHINGTON - Real estate has gotten hot again.
- Iowa's dairy industry sees drop in prices Updated: Jun-21-15 1:28 pm
WATERLOO, Iowa - As Iowa's dairy industry observes National Dairy Month throughout June, producers note a mixture of challenges and blessings in the market.
- Beyond high price tags: Value managers find bargain stocks Updated: Jun-18-15 4:17 pm
NEW YORK - It certainly seems like a rotten time to be a bargain hunter in the stock market.
- Gas-price jump pushes consumer prices up 0.4 pct in May Updated: Jun-18-15 9:03 am
WASHINGTON - Consumer prices increased in May by the largest amount in more than two years, reflecting the biggest one-month jump in gas prices in nearly six years. But outside of energy, price pressures remained modest.
- Fed is moving toward rate hike, but just when still unclear Updated: Jun-17-15 6:05 pm
WASHINGTON - The Federal Reserve took note Wednesday of a strengthening U.S. economy and appears on track to raise interest rates this year for the first time in nearly a decade.
- Why a higher-rate era may not pain economies and individuals Updated: Jun-15-15 2:54 pm
WASHINGTON - Consumers, businesses and investors are facing an era of higher borrowing costs as some of the lowest global interest rates in modern history begin to rise.
- Restaurant owners scramble to endure rising egg prices Updated: Jun-13-15 10:55 am
DAVENPORT, Iowa - Tom Jones is doing all he can to avoid raising the price of the eggs he serves his loyal customers at Tommy's Cafe in Davenport.
- Discount contact lens retailers given OK to lower prices Updated: Jun-13-15 3:37 am
SALT LAKE CITY - Discount contact lens sellers scored a legal victory in an increasingly bitter pricing war with manufacturers as a federal appeals court cleared the way for a hotly contested law Utah law that could have wide-ranging effects on the $4 billion industry.
- US wholesale prices jump in May, led by eggs, gasoline Updated: Jun-12-15 9:15 am
WASHINGTON - Prices at the wholesale level rose at the fastest pace in nearly 3 years in May, pushed higher by a sharp jump in the cost of gasoline and a record increase in the price eggs related to an outbreak of avian influenza. But outside of increases in volatile food and energy costs, core inflation remained moderate.
- US household wealth reaches new high of nearly $85 trillion Updated: Jun-11-15 2:03 pm
WASHINGTON - A rising stock market and climbing home prices boosted Americans' net worth to a new high in the first three months of the year.
- New Zealand cuts interest rate quarter point to 3.25 percent Updated: Jun-10-15 6:43 pm
WELLINGTON, New Zealand - New Zealand's central bank on Thursday cut its benchmark interest rate by a quarter point to 3.25 percent and signaled more cuts could be on the way as farmers grapple with a slump in prices for the country's key milk exports.
- Small Chinese investors flying blind in latest market boom Updated: Jun-09-15 5:19 am
BEIJING - Li Haitao, a 24-year-old employee at a steel trading company, did no research last June before he joined a stampede of novice investors into China's surging stock market.
- OPEC keeps oil output target on hold, predicts low prices Updated: Jun-05-15 10:46 am
VIENNA - OPEC decided to keep its oil output target on hold Friday and predicted prices would remain low for the foreseeable future - good news for both for oil-hungry international industries and consumers at the gas pump.
- To hike or not to hike? IMF urges Fed to delay rate increase Updated: Jun-04-15 3:43 pm
WASHINGTON - What's the hurry?
- US productivity fell in first quarter while labor costs up Updated: Jun-04-15 9:01 am
WASHINGTON - U.S. worker productivity declined more sharply in the first three months of the year than previously thought while labor costs rose more quickly.