Markets

Israel to transfer tax funds to Palestinians
Israel says it is transferring tax revenues to the Palestinian Authority that were frozen last year. A government statement on Wednesday says it is ...
Ark. gov. announces $1.1 billion steel mill plan
The wraps came off Arkansas' largest ever economic development project Tuesday as Gov. Mike Beebe unveiled plans for a $1.1 billion steel mill along ...
Italian bank official: Nationalization is possible
The chairman of embattled Italian bank Monte dei Paschi says nationalizing the world's oldest running bank remains "potentially" possible — but ...
US consumers less optimistic after tax increase
An increase in Social Security taxes is leaving Americans with less take-home pay — and a more negative outlook for the U.S. economy. The Conference ...
Reid: Replace automatic cuts in short increments
The top Democrat in the Senate said Tuesday that lawmakers should redouble their efforts to replace looming across-the-board cuts to the Pentagon and ...
Fed likely to stick to low-rate message this week
When the Federal Reserve meets this week, it's likely to affirm a message it intends to help lift the economy: that consumers and businesses will be ...
Report: States force jobless to pay needless fees
Jobless Americans are paying millions in unnecessary fees to collect unemployment benefits because of state policies encouraging them to get the money ...
THE RESET: Bernanke keeping foot on stimulus pedal
Ben Bernanke's term as chairman of the Federal Reserve expires one year from Thursday. Sometime between now and then he's likely to take his foot off ...
Futures take a rest after extended run to 1,500
Stock futures are heading lower after the Standard & Poor's 500 index ended an eight-day positive streak, the longest in eight years. Dow Jones ...
India cuts key interest rate by quarter point
India's central bank cut its key interest rate by a quarter percentage point to 7.75 percent Tuesday, aiming to boost flagging growth in Asia's ...
Authorities: NY judge opens door to Swiss records
A federal judge on Monday authorized the Internal Revenue Service to require UBS AG to produce records about U.S. taxpayers who may hold bank accounts ...
Social Security commissioner to leave in February
Social Security Commissioner Michael J. Astrue says he will step down in February after completing his six-year term. Astrue's departure gives ...
Former trader charged with defrauding bailout fund
A former managing director of an investment bank was arrested Monday on charges he defrauded investment funds the Department of Treasury established ...
US economy gets lift from housing, other tailwinds
The U.S. economy is a study in contrasts. The housing, banking and auto industries are surging back to health and that has helped push the stock ...
35,000 more NYC-area buildings in flood zones
Twice as many homes and businesses in and near the city would be in flood zones under new maps that may force more property-owners to buy flood ...
Nigerian who stole $145M pays fine to avoid prison
A man who formerly helped oversee Nigeria's police pension program pleaded guilty Monday to stealing $145 million, but walked out of court a free man ...
States have many questions on Medicaid expansion
As state legislative sessions advance, lawmakers are debating whether to expand their Medicaid programs as provided by President Barack Obama's health ...
Greece grapples with strikes despite mobilization
Striking bus drivers in Athens have defied a court order to return to their jobs, extending last week's protests by subway employees over ...
Ryan says deep budget cuts likely unavoidable
The chairman of the House Budget Committee says Republicans will oppose tax increases and, as a result, deep, unpopular budget cuts will likely take ...
In Washington, a proposal to sell naming rights
As many state and local governments across the nation deal with the aftermath of severe budget cuts prompted by the Great Recession, a Washington ...
New lingo for consumers: health overhaul glossary
President Barack Obama's health care overhaul law has spawned its own jargon. With the law finally about to take full effect, consumers might want to ...
'No budget, no pay' advances despite reservations
In an earlier era, a move like the one engineered by House GOP leaders to pass a "no budget, no pay" measure probably would have been stopped in its ...
Iran formally snubs EU after oil, gas bans
Iran's oil ministry spokesman says all crude oil and gas exports have been banned to the 27-nation European Union, which has already imposed its own ...
Indonesia readies for $1 trillion trade talks
Indonesia may hold the key to a $1 trillion injection into the global economy. That's how much the World Trade Organization believes is riding on ...
AP Interview: Haiti eyes tourism, other businesses
Haiti's prime minister says his country is hoping to attract high-end tourists and multinational investors — instead of constant aid handouts — so it ...