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APNewsBreak: Explo faced scrutiny before La. scare
The explosives recycling company that caused the evacuation of a Louisiana town has come under scrutiny for explosions and its handling of dangerous ...
US trade deficit grows to $42.2 billion in October
The U.S. trade deficit increased in October because exports fell by a larger margin than imports, a sign that slower global growth could weigh on the ...
Oil edges up as Germany seen dodging recession
The price of oil edged up to around $86 a barrel on Tuesday as markets got a boost from a survey indicating that German investors believe Europe's ...
US futures head higher as Fed gathers
U.S. stock futures are rising in anticipation that the Federal Reserve will announce new measures to ramp up the U.S. economy. Dow Jones industrial ...
Treasury sells remaining shares of AIG
The Treasury Department said Tuesday that it has sold all of its remaining shares of American International Group Inc., moving to wrap up the ...
Fed is expected to launch new bond buying program
With a nervous eye on the "fiscal cliff," the Federal Reserve is expected this week to announce a new bond-buying plan to support the U.S. economy.
US, EU considering world's biggest free trade pact
After years of battling each other on trade issues, U.S. and European officials are contemplating a dramatic change in direction: joining together in ...
A look at money laundering settlements since 2009
British banking giant HSBC will pay a record $1.9 billion to settle a money-laundering probe by U.S. federal and state authorities, a law enforcement ...
Asia stocks wane as US budget talks drag on
Asian stock markets lost some of their bottle Tuesday as efforts by U.S. leaders to reach a budget deal before the year's end appeared deadlocked and ...
US Treasury announces final AIG stock sale
The U.S. government said Monday that it is selling its remaining shares of American International Group stock, moving to close the books on the ...
Feds rule on health care law's Medicaid expansion
States must commit to fully expanding their Medicaid programs to take advantage of generous funding in the federal health care law, the Obama ...
House Dems, GOP embrace cuts in defense spending
Substantial reductions in military spending should be part of any budget deal that President Barack Obama negotiates with Congress to avert the ...
Stocks edge higher; Dow boosted by McDonald's
Stocks edged higher Monday on Wall Street after a strong sales report from McDonald's offset concerns about the surprise resignation of Italy's prime ...
Verizon moves pension obligations to Prudential
Phone company Verizon Communications Inc. on Monday said it has transferred $7.5 billion in pension obligations to Prudential Insurance after a ...
Obama tax plan no small deal to small businessmen
President Barack Obama's plan to increase taxes on top earners would have only a small impact on the nation's economy, according to congressional ...
Report: Mgrs. at Fannie, Freddie earned $200K
A government report finds median pay for nearly 2,000 senior managers at government-controlled Fannie Mae and Freddie Mac exceeded $200,000 last year.
Fiscal cliff stalemate spurs anxiety in states
A plunge over the federal "fiscal cliff" may sound like a terrifying risk for many state officials anxiously watching as Washington struggles to avert ...
Senate bill would extend deposit insurance program
To prevent a possible run on banks at the height of the financial crisis four years ago, Congress expanded government insurance for certain bank ...
Surprise: New insurance fee in health overhaul law
Your medical plan is facing an unexpected expense, so you probably are, too. It's a new, $63-per-head fee to cushion the cost of covering people with ...
Maserati confident in Italy output despite turmoil
The CEO of Italian luxury carmaker Maserati is confident that parent company Fiat's €1.2 billion ($1.5 billion) investment to boost production in ...
Italian election means new stress for eurozone
Until last weekend, Europe seemed headed for a quiet Christmas and New Year's. Then Italy's Prime Minister Mario Monti unexpectedly announced he was ...
Monti seeks to calm market concerns over Italy
Seeking to calm financial markets, Premier Mario Monti said Monday he will lead Italy until the next government takes power, insisting there will be ...
A look at how the 'fiscal cliff' affects states
As Congress and the White House negotiate over ways to avoid a "fiscal cliff" at the start of the new year, governors and state lawmakers are watching ...
US settles suit alleging bank money laundering
Standard Chartered Bank has agreed to pay $327 million to settle federal and New York charges it laundered money on behalf of four countries that were ...
Spanish state universities protest cutbacks
Rectors from about 50 state-run universities across Spain protested Monday that government spending cuts were choking third-level education and would ...