02/20/14 02:15 PM
OMAHA, Neb. (AP) — An economist says a survey of bankers in 10 Midwest and Plains states suggests the regional economy is losing steam. The Rural Mainstreet Index dropped below growth neutral in the February survey, hitting 48.4, compared with 50.8 in January and 56.1 in December. The survey...
02/20/14 11:15 AM
LONDON (AP) — A Bank of England policymaker has suggested that consumers should brace themselves for a rise in interest rates by spring of next year. Martin Weale, one of the Monetary Policy Committee's nine members, told Sky News that communication was important and the bank should explain...
02/20/14 10:45 AM
WASHINGTON (AP) — Average U.S. rates on fixed mortgages rose this week but remained near historically low levels. Mortgage buyer Freddie Mac said Thursday the average rate for the 30-year loan increased to 4.33 percent from 4.28 percent last week. The average for the 15-year mortgage edged up...
02/20/14 10:30 AM
WASHINGTON (AP) — A measure of the U.S. economy's health posted a moderate gain in January, suggesting the economy will continue to expand in the first half of this year. The Conference Board reported Thursday that its index of leading indicators rose 0.3 percent last month following no...
By Ashe Schow | 02/20/14 08:43 AM
Bitcoin, the most valuable cryptocurrency on the market, is not included in either Google or Yahoo's currency converters, despite the currency's massive popularity.
By Associated Press | 02/20/14 08:25 AM
A judge said he will decide in two to three weeks whether bond insurers' claims that the millions of dollars they are owed by Detroit should be considered secured debt during the city's bankruptcy.
By Michael Tarm | 02/20/14 08:18 AM
Major colleges run their football teams just like those in the NFL, relying on players to generate millions of dollars in revenue, an economist testified Wednesday before a federal agency that will decide whether Northwestern's football players can form the nation's first union for college athletes.
By Susan Montoya Bryan | 02/20/14 08:16 AM
A proposal that would let voters decide whether to boost the state's minimum wage beginning next year failed to garner enough support despite hours of debate Wednesday night that centered on New Mexico's working poor.
By Jennifer C. Kerr | 02/20/14 08:12 AM
Should shoppers turn off their smartphones when they hit the mall? Or does having them on lead to better sales or shorter lines at the cash register?
02/19/14 03:45 PM
WASHINGTON (AP) — Federal Reserve officials agreed at their January meeting that further gradual reductions in their stimulus would be appropriate as long as the economy keeps improving. Officials weighed the need to stress to investors that the Fed's key short-term interest rate would remain...
02/19/14 02:31 PM
WASHINGTON (AP) — Since the Great Recession ended 4½ years ago, Americans have struggled with high unemployment, static pay and a slow economy. Yet they've had one thing in their favor: low inflation. Well, hold the applause. It might be unfathomable to people who still bear scars from the...
02/19/14 05:15 AM
LONDON (AP) — Policymakers at the Bank of England voted unanimously at their last meeting to keep the key interest rate at the record low of 0.5 percent, buoyed by a strengthening economy and subdued inflation. Minutes published Wednesday for the February meeting showed policymakers were also...
02/18/14 07:00 PM
WASHINGTON (AP) — Interest rates on short-term Treasury bills fell in Tuesday's auction to the lowest levels in two weeks. The Treasury Department auctioned $30 billion in three-month bills at a discount rate of 0.050 percent, down from 0.095 percent last week. Another $30 billion in...
02/18/14 06:15 PM
WASHINGTON (AP) — The Federal Reserve will require the largest foreign banks operating in the United States to hold higher levels of capital reserves to protect against potential loan losses. The stricter regulations the Fed adopted Tuesday are intended to prevent the types of threats that...
02/14/14 05:15 PM
NEW YORK (AP) — The stock market closed out its best week of the year on Friday as investors focused on company earnings and brushed off another weak economic report. Campbell Soup climbed after reporting earnings that beat the estimates of Wall Street analysts. Cliffs Natural Resources, a...
By Ashe Schow | 03/10/14
By Paul Bedard | 03/09/14
By Washington Examiner | 03/08/14
By Michael Barone | 03/10/14
By Byron York | 03/10/14