Economy

Commuters warned of traffic mess for up to 1 week
Traffic in southwest Connecticut could be a mess for as much as a week until service is restored to the commuter rail line affected by a derailment ...
Small Fla. city wonders who won Powerball jackpot
Some lucky person walked into a Publix supermarket in suburban Florida over the past few days and bought a ticket now worth an estimated $590.
Cairo airport baggage handlers end strike
Cairo airport officials say baggage handlers have resumed work after a strike that left passengers on 20 international flights from Europe and Arab ...
White House insists Obama was not involved in IRS
A top White House adviser insisted Sunday that President Barack Obama learned the Internal Revenue Service had targeted tea party groups only "when ...
Report: Iran hangs 2 men convicted of spying
Iran's state radio says authorities have executed two men convicted of spying for Israel's Mossad and the American CIA intelligence agency.
'Britain's Obama' urges ties with West Africa
A rising star in Britain's Labour Party, described by some as the "British Barack Obama," Chuka Umunna urged the United Kingdom to more aggressively ...
Official: Broken rail eyed in Conn. train crash
The commuter train derailment and collision that left dozens injured outside New York City was not the result of foul play, officials said Saturday, ...
20 flights without bags after Egypt airport strike
Egyptian officials say baggage handlers in Cairo's airport have gone on strike to protest a colleague's death, leaving passengers on 20 international ...
AP PHOTOS: Palestinians in Egypt exiled, forgotten
In 1948, Suleiman Mamoudi fled by foot with his parents and other families from their village of Bir el-Sabae in Palestine. The 28-year-old and his ...
Union leads march in Rome calling for job creation
A union of Italian metal workers has led thousands of people in a march through the heart of Rome to press the new government for measures to spur job ...
Politics, bribery charges swirl around Ugandan oil
Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the ...
Stocks rise on hopeful signs for the US economy
Encouraging news about the U.S. economy extended the stock market's rally Friday. Small-company stocks rose the most, a sign that investors are taking ...
A year after IPO, Facebook aims to be ad colossus
It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a ...
Pew survey questions Gen X, baby boomer savings
A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, ...
GM stock rises above $33 for first time in 2 years
Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more ...
Cyprus drops limits on 8 more foreign banks
Cyprus on Friday got rid of limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the ...
Mexico cuts growth outlook from 3.5 to 3.1 percent
The Mexican government says it has cut its economic growth forecast for 2013 from 3.5 percent to 3.1 after exports stagnated and first-quarter GDP ...
Canada trying to lure Silicon Valley tech workers
The Canadian government has launched an aggressive campaign to lure Silicon Valley tech workers frustrated by U.S. visa policies northward, just as ...
Italian Cabinet passes first economic measures
Italy's new cross-party government has adopted its first measures to help the economy. They include suspending a tax on primary residences and ...
Greece faces slow, jobless recovery next year
Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three ...
Unemployment falls in 40 US states, rises in 3
Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving ...
Fitch downgrades Slovenia amid banking concerns
Fitch Ratings agency has downgraded Slovenia's credit grade by one notch, citing a weak economic outlook and a frail banking system. It cut the ...
World stocks strong into the weekend
World stock markets rose steadily on Friday after two key indicators suggested the U.S. economic expansion will continue. The Conference Board ...
Gauge of US economy's future health up in April
A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market.
Top officials call to overhaul euro institutions
Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region ...