By Bloomberg News | 04/16/14 10:00 AM
Brent crude climbed above $110 a barrel for the first time in six weeks on signs that the crisis in Ukraine is escalating. West Texas Intermediate gained before the release of weekly U.S. government inventory data.
By Associated Press | 04/16/14 09:59 AM
Donors gave more than $10 million in March to the committee tasked with electing House Democrats and helped it amass a $40 million fund to fight skepticism that Republicans can be ousted from their majority in November.
By Associated Press | 04/16/14 09:55 AM
NEW YORK (AP) — Former Mayor Michael Bloomberg plans to spend $50 million this year to build a grass-roots network to challenge the National Rifle Association and seek stricter gun control laws. Bloomberg tells The New York Times he wants to absorb the groups he funds — Mayors Against...
By Associated Press | 04/16/14 09:54 AM
On the road in a tour bus this week, the U.S. transportation secretary is spreading some bad news: The government's Highway Trust Fund is nearly broke.
By Associated Press | 04/16/14 09:52 AM
Republican Sen. Ted Cruz says it's too early to be thinking about 2016 and that he's working right now to make sure his party regains control of the Senate this year.
By Bloomberg News | 04/16/14 09:48 AM
Cascade Investment LLC, which invests for the Bill & Melinda Gates Foundation, should be treated as the owner, not a secured lender, of bankrupt Optim Energy LLC, according to the energy company’s largest unsecured creditor.
04/16/14 09:45 AM
WASHINGTON (AP) — U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products. The Federal Reserve said Wednesday that...
04/16/14 09:31 AM
WASHINGTON (AP) — U.S home construction rose moderately in March as builders resumed work at the end of a frigid winter. But applications for building permits slid, clouding the outlook for future construction. Builders started work on 946,000 homes at a seasonally adjusted annual rate in...
04/16/14 08:45 AM
WASHINGTON (AP) — US home building up in March, led by 6 percent gain in single-family home construction.
04/16/14 08:31 AM
CALGARY, Alberta (AP) — The son of a Calgary police officer was charged in the fatal stabbing of five people at a house party that the law enforcement officials called the worst mass slaying in the western Canadian city's history. Matthew Douglas de Grood, a recent graduate of the University...
04/16/14 08:30 AM
CHARLOTTE, N.C. (AP) — Bank of America said Wednesday that it swung to a loss in the first quarter, hurt by $6 billion in legal expenses. The Charlotte, N.C., bank reported a loss applicable to common shareholders of $514 million. That's compares with earnings of $1.11 billion a year earlier....
By Stephen Ohlemacher | 04/16/14 08:08 AM
A public employees union is fighting a bipartisan effort in Congress to force the Internal Revenue Service to hire private contractors to collect some delinquent taxes.
04/16/14 07:15 AM
BRUSSELS (AP) — NATO says it's reinforcing its military presence on eastern border on sea, land and in the air.
04/16/14 05:30 AM
BEIJING (AP) — China's economic growth slowed further in the latest quarter but appeared strong enough to satisfy Chinese leaders who are trying to put the country on a more sustainable path without politically dangerous job losses. The world's second-largest economy grew 7.4 percent from a...
04/16/14 12:30 AM
DETROIT (AP) — The Detroit pension fund that covers all retirees except former police officers and firefighters says it has reached a tentative agreement with the bankrupt city. Tina Bassett, a spokeswoman for the city's general pension fund, says retirees would see a 4.5 percent cut and...
By Joel Gehrke | 04/15/14
By Ashe Schow | 04/15/14
By Byron York | 04/15/14
By David Freddoso | 04/15/14
By Ron Arnold | 04/15/14