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SEC under fire for being hacked despite warnings on security

Fri, 22 Sep 2017 00:00:51 GMT2017-09-22T00:00:51Z

WASHINGTON (AP) -- The Securities and Exchange Commission waited until Wednesday to disclose a hack of its corporate filing system that occurred last year. The disclosure raises questions about the agency's ability to protect important financial information and comes as Americans are still weighing the consequences of the massive hack at Equifax....



Airlines hope to resume flights to devastated Puerto Rico

Thu, 21 Sep 2017 23:12:05 GMT2017-09-21T23:12:05Z

Airlines plan to resume flights to Puerto Rico as early as Friday after Hurricane Maria left the island territory without power....



Tiffany names industry veteran Roger Farah chairman

Thu, 21 Sep 2017 22:55:00 GMT2017-09-21T22:55:00Z

NEW YORK (AP) -- Tiffany & Co. has named industry veteran Roger Farah as chairman, effective Oct. 2....



US stocks slide, first decline for the market this week

Thu, 21 Sep 2017 21:11:33 GMT2017-09-21T21:11:33Z

A slide in technology companies weighed on U.S. stocks Thursday, pulling the market lower for the first time this week and erasing modest gains from a day earlier....



How major US stock market indexes fared Thursday

Thu, 21 Sep 2017 21:10:09 GMT2017-09-21T21:10:09Z

Stocks closed slightly lower on Thursday, posting the market's first decline this week and erasing modest gains from a day earlier....



Scholastic and AngloGold skid while Calgon Carbon surges

Thu, 21 Sep 2017 20:51:59 GMT2017-09-21T20:51:59Z

NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday:...



Original Trix, made with artificial colors, is coming back

Thu, 21 Sep 2017 20:21:14 GMT2017-09-21T20:21:14Z

NEW YORK (AP) -- Trix is back to its old tricks: The colorful cereal will once again be made with artificial dyes and flavors, nearly two years after they were banished from the cereal....



Markets Right Now: Stocks fall for the first time this week

Thu, 21 Sep 2017 20:08:05 GMT2017-09-21T20:08:05Z

NEW YORK (AP) -- The latest on developments in financial markets (All times local):...



US stock indexes dip in afternoon trading; oil rises

Thu, 21 Sep 2017 19:42:17 GMT2017-09-21T19:42:17Z

U.S. stock indexes veered slightly lower in late-afternoon trading Thursday, on course to wipe out the market's modest gains from a day earlier. Technology companies were among the biggest decliners. Supermarket operators, beverage companies and other stocks in the consumer staples sector also declined. Banks and industrials stocks led the gainers. Crude oil prices rebounded from an early slide....



General Mills to bring back old Trix with artificial colors

Thu, 21 Sep 2017 19:38:23 GMT2017-09-21T19:38:23Z

NEW YORK (AP) -- Trix is back to its old tricks: The colorful cereal will once again be made with artificial dyes and flavors, nearly two years after they were banished from the cereal....



Consumer packaging group to reduce confusing food labels

Thu, 21 Sep 2017 18:37:21 GMT2017-09-21T18:37:21Z

NEW YORK (AP) -- "Sell by?" ''Display Until?" ''Best Before?"...



An accounting for meteorological violence among insurers

Thu, 21 Sep 2017 17:32:33 GMT2017-09-21T17:32:33Z

NEW YORK (AP) -- Allstate expects insurance losses of about $593 million in August after Hurricane Harvey left a path of destruction along the Gulf Coast....



Surging stock market powers US wealth to $96.2 trillion

Thu, 21 Sep 2017 17:24:04 GMT2017-09-21T17:24:04Z

WASHINGTON (AP) -- A healthy gain in the stock market and steadily increasing home prices boosted Americans' household wealth this spring, a trend that likely adds to the nation's inequality....



Thirty-year fixed mortgage rate rises to 3.83 percent

Thu, 21 Sep 2017 14:57:16 GMT2017-09-21T14:57:16Z

WASHINGTON (AP) -- Long-term mortgage rates rose this week, lifting the 30-year fixed mortgage from the lowest levels of 2017....



Need a new appliance? Learn, compare - then ask for a deal

Thu, 21 Sep 2017 14:51:05 GMT2017-09-21T14:51:05Z

Unless you're an expert in spin cycles, buying an appliance could leave you dizzy....



Long-term mortgage rates move higher

Thu, 21 Sep 2017 14:46:35 GMT2017-09-21T14:46:35Z

...



Toys R Us revs up for holiday hiring

Thu, 21 Sep 2017 14:06:39 GMT2017-09-21T14:06:39Z

NEW YORK (AP) -- Toys R Us may have filed for Chapter 11 reorganization this week, but the toy chain is revving up its holiday hiring....



Allstate releases estimated insurance losses after Harvey

Thu, 21 Sep 2017 13:37:06 GMT2017-09-21T13:37:06Z

NEW YORK (AP) -- Allstate expects insurance losses of about $593 million in August after Hurricane Harvey left a path of destruction along the Gulf Coast....



Claims for US jobless aid fall as hurricane impact recedes

Thu, 21 Sep 2017 12:51:39 GMT2017-09-21T12:51:39Z

WASHINGTON (AP) -- The number of Americans seeking unemployment benefits dropped by 23,000 last week to 259,000 as the economic impact of Hurricane Harvey began to fade....



GOP report accuses watchdog of going easy on Wells Fargo

Wed, 20 Sep 2017 22:18:12 GMT2017-09-20T22:18:12Z

NEW YORK (AP) -- The Consumer Financial Protection Bureau could have fined Wells Fargo in excess of $10 billion for its illegal sales practices but instead settled for $100 million, according to the agency's internal documents released by Congressional Republicans this week....



Fed announces a start to modestly reducing its bond holdings

Wed, 20 Sep 2017 21:03:45 GMT2017-09-20T21:03:45Z

WASHINGTON (AP) -- The Federal Reserve will begin shrinking the enormous portfolio of bonds that it amassed after the 2008 financial crisis to try to sustain a frail economy. The move reflects a strengthened economy and could mean higher rates on mortgages and other loans over time....



UPS will hire about 95,000 extra workers for holiday season

Wed, 20 Sep 2017 21:02:24 GMT2017-09-20T21:02:24Z

UPS is gearing up for holiday deliveries....



The Latest: Yellen stays quiet on wanting 2nd term

Wed, 20 Sep 2017 19:24:16 GMT2017-09-20T19:24:16Z

WASHINGTON (AP) -- The Latest on the Federal Reserve's monetary policy meeting (all times local):...



Text of the Fed's statement after its meeting Wednesday

Wed, 20 Sep 2017 18:19:17 GMT2017-09-20T18:19:17Z

WASHINGTON (AP) -- Below is the statement the Fed released Wednesday after its policy meeting ended:...



The Latest: Fed to reduce its $4.5 trillion balance sheet

Wed, 20 Sep 2017 18:04:40 GMT2017-09-20T18:04:40Z

WASHINGTON (AP) -- The Latest on the Federal Reserve's monetary policy meeting (all times local):...



US home sales off 1.7 pct., hurt by Harvey and low supply

Wed, 20 Sep 2017 15:07:35 GMT2017-09-20T15:07:35Z

WASHINGTON (AP) -- U.S. home sales fell 1.7 percent in August, pulled down by the effects of Hurricane Harvey and a worsening shortage of available properties....



3 things to watch for from the Federal Reserve on Wednesday

Wed, 20 Sep 2017 13:55:32 GMT2017-09-20T13:55:32Z

WASHINGTON (AP) -- It will come as no surprise if the Federal Reserve has an announcement to make when its latest policy meeting ends Wednesday: That it's ready to begin paring its enormous $4.5 trillion portfolio containing Treasurys and mortgage bonds....



ECB official says stimulus withdrawal should be no drama

Wed, 20 Sep 2017 13:24:33 GMT2017-09-20T13:24:33Z

FRANKFURT, Germany (AP) -- A member of the European Central Bank's rate-setting committee says that it is time to start phasing out the bank's bond-purchase stimulus efforts....



Sporty driving could disable Chrysler minivan seat belt

Wed, 20 Sep 2017 12:42:15 GMT2017-09-20T12:42:15Z

DETROIT (AP) -- If you drive your Chrysler minivan too fast and too furious, one of the second-row seat belts might unbuckle....



Walmart to offer extra holiday hours for current workers

Wed, 20 Sep 2017 04:05:08 GMT2017-09-20T04:05:08Z

NEW YORK (AP) -- Walmart won't be doing large-scale holiday hiring at its stores this year. Instead, like last year, it will offer extra hours to its current workers....



FedEx profit falls 17 percent, hurt by TNT cyberattack

Tue, 19 Sep 2017 23:44:46 GMT2017-09-19T23:44:46Z

MEMPHIS, Tenn. (AP) -- FedEx said Tuesday that its first-quarter profit fell 17 percent, hurt by a June cyberattack at its TNT Express business that caused shipping delays in Europe. It also cut its profit outlook for the year and its shares fell in after-hours trading....



Harvard's endowment CEO disappointed with 8.1 percent gain

Tue, 19 Sep 2017 21:02:30 GMT2017-09-19T21:02:30Z

CAMBRIDGE, Mass. (AP) -- The chief of Harvard University's endowment says he's disappointed with the school's latest investment results....



Ford cutting North American production as demand slips

Tue, 19 Sep 2017 20:42:32 GMT2017-09-19T20:42:32Z

DETROIT (AP) -- Ford Motor Co. is cutting production at five North American assembly plants through the rest of this year as U.S. demand for new vehicles slips due to lower gas prices....



Best Buy shares down as it offers muted profit goals

Tue, 19 Sep 2017 20:22:39 GMT2017-09-19T20:22:39Z

NEW YORK (AP) -- Shares of Best Buy fell Tuesday after the nation's largest consumer electronics chain outlined long-term profit goals that displeased investors....



Retail chains filing for bankruptcy protection in 2017

Tue, 19 Sep 2017 18:21:12 GMT2017-09-19T18:21:12Z

Toys R Us has filed for Chapter 11 bankruptcy protection, joining a growing list of companies struggling to navigate a retail landscape altered by technology and changing consumer tastes. There is even a new term that has emerged which points to the dire state of the industry: Chapter 22. Those are companies that have been forced to seek bankruptcy protection for a second time. Overall, 35 retailers have filed for bankruptcy so far this year, according to S&P Global Market Intellige...



Fiat Chrysler recalling 494,417 Ram trucks for safety issue

Tue, 19 Sep 2017 17:28:03 GMT2017-09-19T17:28:03Z

DETROIT (AP) -- Fiat Chrysler is recalling almost half a million Ram heavy-duty pickups and medium-duty trucks because their water pumps could be defective....



Walgreens, Rite Aid revise store purchase deal to $4.38B

Tue, 19 Sep 2017 15:00:20 GMT2017-09-19T15:00:20Z

Walgreens and Rite Aid have finally devised a combination of the nation's largest and third-largest drugstore chains that will get past antitrust regulators....



Ask Brianna: How can I budget when my rent is so high?

Tue, 19 Sep 2017 14:20:27 GMT2017-09-19T14:20:27Z

"Ask Brianna" is a column from NerdWallet for 20-somethings or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans - all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to askbrianna@nerdwallet.com ....



Review: Glitzy iPhone X aside, the iPhone 8 is fine for most

Tue, 19 Sep 2017 14:09:36 GMT2017-09-19T14:09:36Z

WARSAW, Poland (AP) -- The difference between Apple's new iPhone models is a bit like flying first class compared with coach. We envy first class, but coach gets us there without breaking the budget....



US housing starts fall 0.8 pct., a 2nd straight monthly drop

Tue, 19 Sep 2017 14:01:50 GMT2017-09-19T14:01:50Z

WASHINGTON (AP) -- Homebuilders slowed their pace of construction by 0.8 percent in August, the second straight monthly decline. A steep drop in multifamily construction more than offset a slight gain in single-family-home building....



Post Holdings buying Bob Evans Farms in $1.53B deal

Tue, 19 Sep 2017 14:01:10 GMT2017-09-19T14:01:10Z

ST. LOUIS (AP) -- Bob Evans Farms is being sold to Post in a deal worth about $1.53 billion, giving the cereal maker a stronger presence in the grocery store through Bob Evans' valuable refrigerated sides business....



US current account deficit hits $123.1 billion

Tue, 19 Sep 2017 12:52:01 GMT2017-09-19T12:52:01Z

WASHINGTON (AP) -- The deficit in the broadest measure of U.S. trade rose to the highest level in more than eight years this spring, reflecting in part a drop in fines and penalties paid by foreign companies....



Indiana nursing home company sues former executives

Mon, 18 Sep 2017 20:38:28 GMT2017-09-18T20:38:28Z

INDIANAPOLIS (AP) -- A nursing home management firm in Indiana has sued several former executives who are already criminally charged with embezzling more than $16 million from the company....



Orbital ATK and CF Industries jump while Hasbro skids

Mon, 18 Sep 2017 20:27:29 GMT2017-09-18T20:27:29Z

NEW YORK (AP) -- Stocks that moved substantially or traded heavily on Monday:...



Kushner company buying apartment complex near Princeton, NJ

Mon, 18 Sep 2017 15:43:40 GMT2017-09-18T15:43:40Z

The real estate company owned by the family of Jared Kushner is expanding its garden apartments holdings with the purchase of a 1,032-unit complex near Princeton, New Jersey....



Liz Weston: Squeamish about buying used items? Get over it

Mon, 18 Sep 2017 14:48:10 GMT2017-09-18T14:48:10Z

Bedbugs. Weird smells. The possibility of imminent breakdowns. People have all sorts of excuses for not buying used stuff....



US homebuilder sentiment falls in September

Mon, 18 Sep 2017 14:00:15 GMT2017-09-18T14:00:15Z

U.S. homebuilders are feeling less optimistic about their sales prospects, reflecting concerns that rebuilding efforts following hurricanes Harvey and Irma will drive up costs for construction labor and materials....



GM workers go on strike at Canadian SUV factory

Mon, 18 Sep 2017 12:57:53 GMT2017-09-18T12:57:53Z

DETROIT (AP) -- About 2,500 workers at a General Motors factory in Canada that makes the Chevrolet Equinox SUV are on strike in a dispute over job security....



Another major deal in defense sector as global tensions rise

Mon, 18 Sep 2017 11:58:01 GMT2017-09-18T11:58:01Z

FALLS CHURCH, Va. (AP) -- Northrop Grumman is buying Orbital ATK for about $7.8 billion as activity in defense sector heats up amid rising global tensions....



This Week: Housing starts, Fed meeting, CarMax earnings

Mon, 18 Sep 2017 05:05:12 GMT2017-09-18T05:05:12Z

A look at some of the key business events and economic indicators upcoming this week:...



Irma's damage a reminder of Florida economy's vulnerability

Sun, 17 Sep 2017 19:31:43 GMT2017-09-17T19:31:43Z

WASHINGTON (AP) -- Florida's economy has long thrived on one import above all: People....



Doubts arise on whether corporate tax cut would boost growth

Fri, 15 Sep 2017 20:12:47 GMT2017-09-15T20:12:47Z

WASHINGTON (AP) -- For President Donald Trump, what's good for General Motors is great for American workers. Same for Boeing. And AT&T. Not to mention small businesses....



Bitcoin ... the way to the future or path to financial ruin?

Fri, 15 Sep 2017 19:49:57 GMT2017-09-15T19:49:57Z

Bitcoin, hailed in some quarters as the future of currency, is having a rough week, with a flurry of rumors that China will shut down exchanges and the head of a major U.S bank calling bitcoin a "fraud."...



McDonald's to switch out Happy Meal apple juice

Fri, 15 Sep 2017 19:04:26 GMT2017-09-15T19:04:26Z

NEW YORK (AP) -- The Happy Meal is getting a new apple juice....



Recalls this week: 4-drawer dressers, stake lights

Fri, 15 Sep 2017 18:40:24 GMT2017-09-15T18:40:24Z

More than 175,000 dressers are being recalled because they can tip if not anchored properly, posing a risk to children. Stake lights that can cause light refraction-related damage are also among this week's recalled consumer products....



US rig count drops by 8 this week to 936

Fri, 15 Sep 2017 17:59:37 GMT2017-09-15T17:59:37Z

HOUSTON (AP) -- The number of rigs exploring for oil and natural gas in the U.S. fell by eight this week to 936....



Macy's trims holiday hires by nearly 4 percent

Fri, 15 Sep 2017 16:26:10 GMT2017-09-15T16:26:10Z

NEW YORK (AP) -- Macy's is increasing the number of temporary workers it's hiring for distribution and warehouses for the holiday season as it chases fast growing e-commerce sales. But overall holiday hiring will fall nearly 4 percent....



Employers stepped up hiring in 6 US states last month

Fri, 15 Sep 2017 15:53:04 GMT2017-09-15T15:53:04Z

WASHINGTON (AP) -- Hiring picked up in six U.S. states last month, fell in three and was mostly unchanged in 41 states in August....



US businesses increase stockpiles in July

Fri, 15 Sep 2017 14:08:21 GMT2017-09-15T14:08:21Z

WASHINGTON (AP) -- U.S. businesses increased their stockpiles in July, but at a slower pace than in June. Sales also rose by a small amount....



Survey: Factory activity in New York state remains solid

Fri, 15 Sep 2017 14:02:35 GMT2017-09-15T14:02:35Z

WASHINGTON (AP) -- Factory activity in New York was strong this month after reaching a three-year high in August....



Harvey sends US industrial production down most in 8 years

Fri, 15 Sep 2017 13:49:54 GMT2017-09-15T13:49:54Z

WASHINGTON (AP) -- U.S. industrial output plunged 0.9 percent in August, the most in eight years, mostly because of Hurricane Harvey's damage to the oil refining, plastics and chemicals industries....



US retail sales dipped 0.2 pct. in August as auto sales fell

Fri, 15 Sep 2017 13:38:52 GMT2017-09-15T13:38:52Z

WASHINGTON (AP) -- Consumers cut back on their shopping in August by the largest amount in six months as declining auto sales offset gains in other areas....



Trump says no decision yet on Yellen but likes her 'a lot'

Thu, 14 Sep 2017 23:13:22 GMT2017-09-14T23:13:22Z

WASHINGTON (AP) -- President Donald Trump says he has not made a decision yet on whether he will re-nominate Federal Reserve Chair Janet Yellen for another term but says he respects her "a lot."...



Mnuchin: Plane request was about national security

Thu, 14 Sep 2017 22:43:48 GMT2017-09-14T22:43:48Z

WASHINGTON (AP) -- Treasury Secretary Steven Mnuchin said Thursday the initial request for use of a government plane for his European trip last month was about national security and not his own personal convenience on his honeymoon....



Markets Right Now: Dow ekes out another high in mixed day

Thu, 14 Sep 2017 20:11:36 GMT2017-09-14T20:11:36Z

NEW YORK (AP) -- The latest on developments in financial markets (All times local):...



The Latest: Trump calls Mnuchin 'honorable man'

Thu, 14 Sep 2017 19:58:09 GMT2017-09-14T19:58:09Z

WASHINGTON (AP) -- The Latest on Treasury Secretary Steven Mnuchin's use of government planes. (all times local):...



When to use a public adjuster for hurricane insurance claims

Thu, 14 Sep 2017 16:18:41 GMT2017-09-14T16:18:41Z

Anyone who suffered damage from hurricanes Harvey or Irma will be thankful if they have homeowners or windstorm coverage and flood insurance . But much work lies ahead. Filing claims for major damage can be a full-time job because you must document every loss and negotiate a fair settlement. Omissions and missteps you make can mean a lower payout....



US jobless benefit applications fell by 14,000 last week

Thu, 14 Sep 2017 15:05:31 GMT2017-09-14T15:05:31Z

WASHINGTON (AP) -- The number of people seeking unemployment benefits declined slightly last week but still remained elevated as hurricane disruptions impacted layoffs for a second week....



Higher gas, housing costs lift US consumer prices 0.4 pct.

Thu, 14 Sep 2017 15:04:34 GMT2017-09-14T15:04:34Z

WASHINGTON (AP) -- Higher gas and housing costs boosted U.S. consumer prices 0.4 percent in August, the most in seven months. The increase suggests inflation could be picking up, but the figures were likely distorted by Hurricane Harvey....



Different ways to zap your debt: Which is for you?

Thu, 14 Sep 2017 14:47:06 GMT2017-09-14T14:47:06Z

American consumer debt has rebounded to prerecession levels, and the category that includes credit cards hit a record $1.02 trillion this summer. Maybe your credit card debt has crept up too, setting your own personal record....



Study: US government its own worst enemy

Thu, 14 Sep 2017 02:05:33 GMT2017-09-14T02:05:33Z

WASHINGTON (AP) -- A new analysis by the Harvard Business School outlines why U.S. voters are so frustrated with their political leaders - there is a lack of genuine competition between Republicans and Democrats to deliver actual results on major policies such as education, health care, taxes and infrastructure....



Business Highlights

Wed, 13 Sep 2017 21:51:57 GMT2017-09-13T21:51:57Z

--...



Irma sends South Florida retail spending down 72 percent

Wed, 13 Sep 2017 21:20:20 GMT2017-09-13T21:20:20Z

NEW YORK (AP) -- Hurricane Irma sent retail spending in the Miami, Fort Lauderdale and West Palm Beach area down more than 72 percent over a three-day period, according to one payment technology company....



How major US stock market indexes fared Wednesday

Wed, 13 Sep 2017 21:03:38 GMT2017-09-13T21:03:38Z

U.S. stock indexes finished with tiny gains Wednesday as retailers jumped after a strong hiring forecast from Target and energy companies rose along with oil prices....



US budget deficit up slightly to $107.7 billion in August

Wed, 13 Sep 2017 18:22:58 GMT2017-09-13T18:22:58Z

WASHINGTON (AP) -- The federal government recorded a slightly larger deficit in August than a year ago, while the deficit through the first 11 months of this budget year is well above the same period last year....



Police arrest CEO of world's largest meatpacker

Wed, 13 Sep 2017 16:29:35 GMT2017-09-13T16:29:35Z

SAO PAULO (AP) -- Brazilian police on Wednesday arrested the CEO of the world's largest meatpacker for allegedly using their own plea bargains to gain an advantage in financial markets....



Target stocks up on staff, raising holiday hiring 40 percent

Wed, 13 Sep 2017 15:42:47 GMT2017-09-13T15:42:47Z

NEW YORK (AP) -- Target is stocking its stores and warehouses with even more extra staff this holiday shopping season, hoping to win customers with easy-to-find goods and fast service....



Target recalls nearly 180,000 dressers that can tip over

Wed, 13 Sep 2017 14:27:41 GMT2017-09-13T14:27:41Z

NEW YORK (AP) -- Target says it is recalling nearly 180,000 dressers because they can tip over and pose a risk to children....



US producer prices rose in August as energy costs shot up

Wed, 13 Sep 2017 14:00:37 GMT2017-09-13T14:00:37Z

WASHINGTON (AP) -- Higher energy costs led to prices at the wholesale level rising in August at the fastest pace in four months....



US producer prices increased 0.2 percent in August, led by energy costs jumping 3.3 percen...

Wed, 13 Sep 2017 12:30:21 GMT2017-09-13T12:30:21Z

WASHINGTON (AP) -- US producer prices increased 0.2 percent in August, led by energy costs jumping 3.3 percent....



Centene up sharply after $3.75B acquisition of Fidelis in NY

Wed, 13 Sep 2017 11:54:39 GMT2017-09-13T11:54:39Z

Shares of Centene are up sharply before the opening bell after the Medicaid coverage provider said it will expand into New York through a $3.75 billion acquisition of Fidelis Care....



American household income finally topped 1999 peak last year

Tue, 12 Sep 2017 23:20:55 GMT2017-09-12T23:20:55Z

WASHINGTON (AP) -- In a stark reminder of the damage done by the Great Recession and of the modest recovery that followed, the median American household only last year finally earned more than it did in 1999....



Florida airports open but cancellations linger after Irma

Tue, 12 Sep 2017 21:42:44 GMT2017-09-12T21:42:44Z

Most commercial airports in Florida reopened Tuesday, but activity was limited and hundreds of flights were canceled or delayed as the state recovered from Hurricane Irma....



Olive Garden 'Pasta Pass' offers Italy option

Tue, 12 Sep 2017 21:22:43 GMT2017-09-12T21:22:43Z

NEW YORK (AP) -- Olive Garden's Pasta Pass will give some diners a chance to eat rigatoni in Italy....



Home Capital investors reject investment from Buffett's firm

Tue, 12 Sep 2017 19:07:08 GMT2017-09-12T19:07:08Z

OMAHA, Neb. (AP) -- Shareholders of Canadian lender Home Capital Group have rejected Warren Buffett's offer to buy a second large block of stock in the company....



Mnuchin says he's still hopeful for tax bill by year's end

Tue, 12 Sep 2017 16:26:23 GMT2017-09-12T16:26:23Z

WASHINGTON (AP) -- Treasury Secretary Steven Mnuchin said Tuesday that he is hopeful Congress will pass a major tax overhaul this year and signaled that the administration would be open to changes sought by Congress to improve the chances for passage....



Postings of US job openings hit a record high in July

Tue, 12 Sep 2017 15:59:40 GMT2017-09-12T15:59:40Z

WASHINGTON (AP) -- Job openings posted by U.S. employers reached an all-time high in July, suggesting that the steady hiring of the past year will endure....



How millennials got a 6-figure start on retirement saving

Tue, 12 Sep 2017 15:05:20 GMT2017-09-12T15:05:20Z

If you've read the latest headlines, you know millennials get a mixed financial rap. Some reports say they're throwing their money away on avocado toast and dining out, while others claim they're killing the earnings of restaurant chains by cooking at home more....



Rates on short-term bills rose at US Treasury auction

Mon, 11 Sep 2017 21:55:47 GMT2017-09-11T21:55:47Z

WASHINGTON (AP) -- Interest rates on short-term Treasury bills rose in Monday's auction, with rates on six-month bills climbing to their highest level since October 2008....



Harvey and Irma to slow US economy but rebound should follow

Mon, 11 Sep 2017 21:13:40 GMT2017-09-11T21:13:40Z

WASHINGTON (AP) -- With businesses disrupted, fuel and chemical refineries out of commission and consumers struggling to restore their lives, Hurricanes Harvey and Irma will likely pack a tough double-whammy for the U.S. economy....



Pilgrim's Pride buys Moy Park from biggest shareholder JBS

Mon, 11 Sep 2017 19:07:24 GMT2017-09-11T19:07:24Z

NEW YORK (AP) -- Pilgrim's Pride says it paid about $1 billion to buy U.K. poultry producer Moy Park from its biggest shareholder JBS, which has been selling off its assets amid a corruption scandal in Brazil....



States sue Trump administration over fuel economy fines

Mon, 11 Sep 2017 17:11:41 GMT2017-09-11T17:11:41Z

DETROIT (AP) -- New York, California and three other states are suing the Trump administration, saying it must put in place higher penalties for automakers that violate federal fuel economy standards....



Tesla adding charging stations in city centers

Mon, 11 Sep 2017 15:12:52 GMT2017-09-11T15:12:52Z

NEW YORK (AP) -- Tesla Inc. is building electric charging stations in city centers to attract urban buyers who don't have a garage to charge in....



Liz Weston: Predict 'surprise' bills, no crystal ball needed

Mon, 11 Sep 2017 14:31:12 GMT2017-09-11T14:31:12Z

It doesn't take much to upend many Americans' finances. A car that won't start, a furnace that dies or a trip to the hospital can leave households struggling to make ends meet....



Worst-case scenario not happening and insurance sector soars

Mon, 11 Sep 2017 13:55:56 GMT2017-09-11T13:55:56Z

NEW YORK (AP) -- Though damage from Hurricane Irma is extensive, property insurers are breathing a sigh of relief with the storm nowhere near as catastrophic as many had feared....



Delayed Minnesota lawsuit against Syngenta heads to trial

Sun, 10 Sep 2017 20:42:03 GMT2017-09-10T20:42:03Z

MINNEAPOLIS (AP) -- A test lawsuit goes to trial in Minneapolis Monday against Swiss agribusiness giant Syngenta for introducing a genetically-engineered corn variety before China approved it for imports....



Insider Q&A: Higher pay needed to support stronger growth

Sun, 10 Sep 2017 15:34:24 GMT2017-09-10T15:34:24Z

WASHINGTON (AP) -- Sluggish pay raises have been an Achilles' heel for American workers since the Great Recession ended more than eight years ago - and a major headwind for faster economic growth....



Tourism, agriculture businesses brace for Irma's impact

Fri, 08 Sep 2017 21:27:28 GMT2017-09-08T21:27:28Z

After knocking down parts of the vital tourism industry in the Caribbean, Hurricane Irma is spinning toward Florida, another vacation haven....



GE Aviation's Indiana engine factory hopes to grow workforce

Fri, 08 Sep 2017 20:48:36 GMT2017-09-08T20:48:36Z

LAFAYETTE, Ind. (AP) -- Production is slowly growing at GE Aviation's jet engine factory in western Indiana, though much of the $110 million plant is quiet two years after it opened....



AP Sources: Feds probe Uber's tracking of Lyft drivers

Fri, 08 Sep 2017 20:12:15 GMT2017-09-08T20:12:15Z

DETROIT (AP) -- The Justice Department in Manhattan is investigating whether Uber illegally used software to track drivers for Lyft, its main ride-hailing competitor, to gain an advantage in attracting and recruiting drivers, according to two people familiar with the probe....