Economy

Economy

• Oil rises on falling dollar; gasoline at $3.65

  The price of oil rose Monday, taking its cue from the stock market and the dollar. Benchmark oil for June delivery gained 69 cents to close at $96. 

• Ryanair keeps growing, reports record profits

  Ryanair reported record profits Monday as Europe's largest budget airline expanded its route network across the continent and into North Africa. 

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  Military sex abuse has long-term impact for vets

  New government figures underscore the staggering long-term consequences of military sexual assaults: More than 85,000 veterans were treated last year ... 

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  Small-company stocks lead the market higher

  The stock market is edging higher in midday trading, led by small-company shares. The Russell 2000 index of small company stocks crossed 1,000 points ... 

• Oil price falls below $96 a barrel

  The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a ... 

• China asks NKorea to release fishing boat, crew

  China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held ... 

• Economists predict increase in consumer spending

  Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. 

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  AP IMPACT: Military sex abuse victims seek VA help

  More than 85,000 veterans were treated last year for injuries or illness stemming from sexual abuse in the military, and 4,000 sought disability ... 

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  Jamie Dimon under pressure ahead of investor vote

  Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both ... 

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  Chinese premier visits India to boost ties

  Just weeks after a tense border standoff, China's new premier visited India on Sunday on his first foreign trip as the neighboring giants look to ... 

• '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 ... 

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  Pope leads pep rally at Vatican, meets with Merkel

  Pope Francis lamented that investment losses by banks trigger more alarm in the economic crisis than the struggle of people to feed their families, ... 

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  Obama agenda marches on despite controversies

  Despite Democratic fears, predictions of the demise of President Barack Obama's agenda appear exaggerated after a week of cascading controversies, ... 

• 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 ... 

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  Energy Dept. backs Texas LNG export plan

  The Energy Department on Friday conditionally approved a Texas company's proposal to export liquefied natural gas, only the second such project ... 

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  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 ... 

• CBO: Obama budget cuts deficits $1.1T by 2023

  President Barack Obama's budget would trim projected federal deficits by $1.1 trillion over the coming decade, using nearly $6 in higher revenues for ... 

• 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, ... 

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  Argentine dictator Videla dies in prison at age 87

  Former dictator Jorge Rafael Videla, who took power over Argentina in a 1976 coup and led a military junta that killed thousands of his fellow ... 

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  On jobs trip, Obama tries to leave problems behind

  President Barack Obama tried on Friday to leave behind the political battles that have overshadowed his second-term agenda, saying lawmakers should ... 

• 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 ... 

• Brazil approves law to modernize ports

  Brazil plans to modernize and expand its overcrowded ports, attract private investments to the sector and make it easier for companies to hire skilled ... 

• Glance: Europe's Key Institutions

  Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who ...