Latest News


  • Argentina recalls its financial crisis, advises Greece
    Associated Press | July 01, 2015 2:20 pm
    As Argentines closely watch the financial turmoil in Greece recalling their own worst crisis 14 years ago, the architect of the South American country's recovery has a message for the European nation: Renegotiate your debt.
  • How the Dow Jones industrial average fared on Wednesday
    Associated Press | July 01, 2015 2:08 pm
  • Poll: Approval for Supreme Court health care decision
    Associated Press | July 01, 2015 2:05 pm
    A new poll finds that most Americans approve of the recent Supreme Court decision preserving the health care law's subsidized insurance premiums for people in all 50 states.
  • Emmitt Smith, Flo Rida out of Miss USA, Macy's dumps Trump
    Associated Press | July 01, 2015 1:32 pm
    Rapper Flo Rida, the Macy's department store chain and football Hall of Famer Emmitt Smith all had something in common on Wednesday: They're the latest to distance themselves from Donald Trump following his remarks about Mexican immigrants.
  • Crude falls
    Associated Press | July 01, 2015 12:29 pm
    Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell $2.51 -- closing at $56.96 a barrel.
  • Gold down, silver flat
    Associated Press | July 01, 2015 12:28 pm
    The July gold contract on the New York Mercantile Exchange closed today at $1169.00 an ounce -- down $2.50.
  • Stocks higher...No bailout talks until after Greeks vote...Feds investigating airline collusion
    Associated Press | July 01, 2015 11:28 am
    Stocks are higher on Wall Street this afternoon. Hopes that a deal between Greece and its creditors could be put together to prevent the country from exiting the euro are pushing shares higher, as they did in Europe. Meanwhile, oil prices are down after a report showed that U.S. crude stockpiles rose. Benchmark U.S. crude has dropped below $58 a barrel on the New York Mercantile Exchange.
  • Puerto Rico power company forced to sell bonds amid crisis
    Associated Press | July 01, 2015 10:29 am
    Puerto Rico's troubled power company has been forced to sell bonds once again to obtain capital and avoid defaulting on a $415 million debt payment due Wednesday with a worsening economic crisis in the U.S. territory.
  • Amtrak, families want lawsuits from fatal crash consolidated
    Associated Press | July 01, 2015 9:48 am
    Amtrak has joined a bid to have the lawsuits filed over a deadly crash in Philadelphia consolidated before the same federal judge.
  • NYC enacts ban on plastic foam containers
    Associated Press | July 01, 2015 9:24 am
    New York City's ban on plastic foam is now in effect.
  • GM stops production at its single plant in Russia
    Associated Press | July 01, 2015 8:14 am
    General Motors has halted production at its single assembly plant in Russia as sales have plummeted amid an economic downturn.
  • Trade schools have to find grads jobs, or lose financial aid
    Associated Press | July 01, 2015 7:44 am
    Exotic dancers hired as admissions counselors. Recruiters told to seek out "impatient" individuals who have "few people in their lives who care about them." Military personnel still recovering from brain damage told to sign on the dotted line.
  • Stocks rise...Greece looking ready to bend...ADP sees robust job gains
    Associated Press | July 01, 2015 7:32 am
    U.S. stocks are opening higher as Greece's government appears to be softening its stance toward its creditors. The Dow jumped more than 150 points at the opening of trading on Wall Street, while the S&P added 15 and the Nasdaq 45. European markets also are higher, with the German and French benchmarks each gaining close to 2.5 percent.
  • Kraft shareholders approve sale of company to Heinz
    Associated Press | July 01, 2015 7:28 am
    Kraft shareholders have approved the sale of the company to ketchup maker H.J. Heinz, creating one of the world's largest food companies with annual revenue of about $28 billion.
  • US construction spending rises 0.8 percent in May
    Associated Press | July 01, 2015 7:25 am
    U.S. construction spending posted a solid gain in May, pushing total activity to the highest point since the fall of 2008, with the strength led by a big jump in non-residential projects.