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  • Alaska, West Coast lead U.S. in receiving welfare

    The Census Bureau reported Tuesday that almost 7 percent of people in the Frontier State receive public assistance from the federal or state government, more than a percentage point more than the state with the next highest rate.

  • Utility opposes $2.9M deal in W.Va. spill case

    CHARLESTON, W.Va. (AP) — A utility is opposing a $2.9 million bankruptcy settlement that would fund projects to benefit 300,000 people whose water was contaminated in January. West Virginia American Water says Freedom Industries shouldn't use money from its insurance proceeds to pay for the...

  • Pat Quinn: Eating crackers on minimum wage challenge

    CHICAGO (AP) — Gov. Pat Quinn says his experience trying to live on the minimum wage for a week has meant graham crackers for dinner. Raising the state's $8.25 hourly minimum wage to at least $10 an hour has been a re-election focus for the Chicago Democrat. Quinn is facing a tough November...

  • Fannie Mae, Freddie Mac regulator aims to boost low-income lending

    The FHFA proposal calls for the agency to buy more refinancing mortgages for low-income families and to increase Fannie Mae's goals for low-income families in multifamily units.

  • Some fear auto industry returning to bad habits

    DETROIT (AP) — Big discounts. Six- or seven-year loans, in some cases to buyers who would have been turned down in the past. As the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn will lead to trouble down the road....

  • Report: Midwest economy remained strong in August

    OMAHA, Neb. (AP) — The economy remained strong in nine Midwest and Plains states in August, and a monthly survey of business leaders released Tuesday suggests growth will continue in the months ahead. The region's overall economic index inched up to 57.2 last month from 57 in July. The index...

  • US home prices rose at slower pace in July

    WASHINGTON (AP) — U.S. home prices rose in July but at a slower rate compared with earlier this year. The moderating price increases could help support sales. Real estate data provider CoreLogic said Tuesday that prices rose 7.4 percent in July from July 2013. That was slightly below June's...

  • Euro continues descent ahead of ECB meeting

    LONDON (AP) — The euro fell to a one-year low against the dollar on Tuesday as it continued to lose support from speculation that the European Central Bank could start pumping money into the ailing eurozone economy to spur growth. The bank, which oversees monetary policy for the 18 countries...

  • Dollar General raises Family Dollar bid to $9.1B

    GOODLETTSVILLE, Tenn. (AP) — Dollar General upped its bid for the rival Family Dollar chain and addressed an earlier roadblock, saying that it will more than double the number of stores it would shed to ease the antitrust concerns of its takeover target. The newest bid is worth $9.1 billion, or...

  • MetLife in the dark as 'too big to fail' label looms

    For more than a year, a regulatory super-group has investigated whether MetLife poses a systemic risk to the financial system if it fails, the way that insurer AIG did in the 2008 crisis.

  • Obama: 'Revving' economy calls for higher wages

    MILWAUKEE (AP) — President Barack Obama renewed his push for Congress to raise the minimum wage Monday in a buoyant accounting of the economy's "revving" performance, delivered on behalf of Democrats opening their fall campaigns for the midterm congressional elections. "America deserves a...

  • Tesla Motors dealing as states play factory poker

    LOS ANGELES (AP) — From the start, little has been typical about Tesla Motors' plan for a $5 billion factory to make batteries for a new generation of electric cars. It's not just the project's massive scale, the cutting-edge technology, or even the bonanza of 6,500 good-paying jobs. It's how...

  • Cool spring hurts Louisiana sugar crop

    THIBODAUX, La. (AP) — The cold spring is coming back to haunt local sugarcane farmers who are expecting a stunted crop and later harvest season. American Sugar Cane League executive director Jim Simon said he expects the harvest to begin later this year because of spring's cold temperatures....

  • Modest, gradual minimum wage hike set to launch in Michigan

    DETROIT (AP) — An increase in Michigan's minimum wage is set to launch, and with it comes a test of whether the gradual rise will help workers, harm businesses or neither. The first bump comes Monday, when the wage moves up 10 percent, from $7.40 an hour to $8.15. The 25 percent overall raise...

  • Agriculture equipment sales decline in 2014

    MITCHELL, S.D. (AP) — Agricultural equipment manufacturers and farmers say machinery sales have fallen recently because of lower commodity prices and changes to a federal tax break. Shawn Berry said at a sales event in South Dakota that the Ohio-based company he represents could end this fiscal...



From the Weekly Standard