President Barack Obama is putting a renewed focus on the income gap between rich and poor as he pushes for short-term congressional action and begins setting the domestic agenda for the remainder of his presidency.
President Barack Obama turned his focus Wednesday to the pocketbook issues that Americans consistently rank as a top concern, arguing that the dream of upward economic mobility is breaking down and the growing income gap...
Iran says it plans to pump as much oil as it can once sanctions on its crude exports are lifted, even if the extra output causes prices to slide.
Iran indirectly challenged OPEC kingpin Saudi Arabia on Wednesday, announcing it plans to pump as much oil as it can once sanctions on its crude exports are lifted, even if its extra output drives prices into the basement.
Tumblr is where the Internet's cool kids hang out. That's why Yahoo paid $1.1 billion to buy the blogging site in one of this year's most buzzed-about deals.
Tumblr is where the Internet's cool kids hang out. That's why Yahoo paid $1.1 billion to buy the blogging site in one of this year's most buzzed-about deals.
By STEVE ROTHWELL AP Markets Writer Stocks fell in morning trading on speculation Wednesday that the Federal Reserve may pull back on its stimulus after more encouraging news about the economy.
Stocks edged lower Wednesday as investors weighed conflicting economic reports and assessed the outlook for Federal Reserve stimulus.
A survey of chief executives at the largest U.S. companies shows a growing number are optimistic about the economy's prospects for the next six months and expect to boost hiring.
A survey of chief executives at the largest U.S. companies shows a growing number are slightly more optimistic about the economy's prospects for the next six months and expect to boost hiring.
Las Vegas, where the only design rule is that everything must mirror something else, is getting a new outdoor mall modeled on Istanbul's Grand Bazaar.
Las Vegas, where the only design rule seems to be that everything must mirror something else, is getting a new mall modeled on Istanbul's Grand Bazaar.
Stocks are little changed on Wall Street as investors pore over the latest economic reports for clues about when the Federal Reserve will start pulling back on its huge stimulus program.
Stocks are little changed on Wall Street as investors pore over the latest economic reports for clues about when the Federal Reserve will start pulling back on its huge stimulus program.
Most Asian stock markets fell Wednesday, led by losses in Japan, as investors continued to worry the U.S. Federal Reserve will soon start reducing its monetary stimulus.
A forecast-busting U.S. jobs report kept markets in check Wednesday as investors pondered the likelihood of an imminent monetary tightening from the Federal Reserve.
Libyan Prime Minister Ali Zidan says the government has allocated $7 billion of its foreign reserves to offset the loss of oil revenue caused by militias shutting down oil terminals and halting exports since the...
Libyan Prime Minister Ali Zidan says the government has allocated $7 billion of its foreign reserves to offset the loss of oil revenue caused by militias shutting down oil terminals and halting exports since the summer,...
Egypt's prime minister says his government has committed to pay what amounts to 24 percent of the total arrears it owes foreign oil companies in a bid to restore investor confidence in an economy damaged by...
Egypt is committed to pay nearly a quarter of the total arrears it owes foreign oil companies and increase economic growth to 3.5 percent by the end of the fiscal year, in a bid to restore investor confidence in an economy...
The European Commission has fined a group of banks $2.3 billion for colluding to profit from derivatives linked to rigged interest rates.
The European Commission has fined a group of major global banks a total of 1.7 billion euros ($2.3 billion) for colluding to profit from the manipulation of key interest rates.
An IKEA shop in Spain says it has received 20,000 applications for just 400 jobs, an unprecedented rush that crashed its computer servers and illustrated the desperation the country's 6 million unemployed...
An IKEA store in Spain says it has received 20,000 applications for just 400 jobs, an unprecedented rush that crashed its computer servers and illustrated the desperation the country's 6 million unemployed people face.
U.S. service sector firms grew in November at the weakest pace since June, evidence that cautious spending by consumers and businesses may be slowing growth.
U.S. service sector firms grew in November at the weakest pace since June, evidence that cautious spending by consumers and businesses may be slowing growth.
Americans ramped up new-home buying in October after cutting back in September, evidence that the housing recovery is improving fitfully.
Americans ramped up purchases of new homes in October after three months of soft sales, evidence that the housing recovery is improving fitfully.
Detroit retirees could see smaller pension checks after a judge said pensions are a fair target in the city's historic bankruptcy.
A judge has given Detroit the green light to cut pensions as a way out of the largest municipal bankruptcy in U.S. history, a decision that puts the case in the laps of thousands of retirees who had hoped that the Michigan...
An attorney says a New York train engineer experienced a nod or "a daze" before his train derailed at a curve, killing four passengers.
An engineer whose speeding commuter train ran off the rails along a curve, killing four people, experienced a hypnotic-like "daze" and nodded at the controls before he suddenly realized something was wrong and hit the...
The European Central Bank says it stands ready to do more, if needed, to boost a weak recovery. But each possible step faces significant drawbacks or even political opposition.
The European Central Bank says it stands ready to do more, if needed, to boost a weak recovery. But each possible step faces significant drawbacks or even political opposition.
A private survey shows U.S. businesses last month added the most jobs in a year, powered by big gains in manufacturing and construction.
A private survey shows U.S. businesses last month added the most jobs in a year, powered by big gains in manufacturing and construction.
The stock market is opening lower after a strong employment report raised expectations that the Federal Reserve could pull back on its economic stimulus.
The stock market is opening lower after a strong employment report raised expectations that the Federal Reserve could pull back on its economic stimulus.
Russian aluminum baron Oleg Deripaska's company has launched a 100 million-euro ($1362 million) lawsuit against Montenegro over the handling of its aluminum smelter in the Balkan country.
Russian aluminum baron Oleg Deripaska's company has launched a 100 million-euro ($1362 million) lawsuit against Montenegro over the handling of its aluminum smelter in the Balkan country.
The U.S. trade deficit fell in October, helped by a jump in overseas oil sales that lifted American exports to an all-time high.
The U.S. trade deficit fell in October, helped by America's energy boom that lifted overall exports to an all-time high.
U.S. stock futures are rising for the first time this week with investors getting a peek at private sector hiring, ahead of Friday's big employment report from the Labor Department.
Stock futures slid for the third straight day despite a strong employment report on hiring in the private sector and a narrowing U.S. trade deficit.
Nigeria's military is recommending immediate trial for 500 suspected extremist militants and the president is promising an economic boost for the northeast region confronting an Islamic uprising.
Nigeria's military is recommending immediate trial for 500 suspected extremist militants and the president is promising an economic boost for the northeast region confronting an Islamic uprising - both issues that...
The price of oil surged above $97 a barrel Wednesday on expectations U.S. crude stockpiles fell.
By PABLO GORONDI Associated Press The price of oil rose above $97 a barrel Wednesday on expectations of a sharp fall in U.S. crude stockpiles.
Philip Morris is buying a 20 percent stake in Megapolis Distribution BV, the holding company for its Russian distributor, for $750 million.
Philip Morris is buying a 20 percent stake in Megapolis Distribution BV, the holding company for its Russian cigarette distributor, for $750 million.
General Motors says it's in Japan for the long haul despite sales of Cadillac and Chevrolet models barely surpassing 1,000 vehicles a year.
General Motors says it's in Japan for the long haul despite sales of Cadillac and Chevrolet models barely surpassing 1,000 vehicles a year.
Amazon.com says it's considering using drone aircraft for deliveries.
Jeff Bezos' idea to let self-guided drones deliver packages may be too futuristic for Washington to handle.
The effort to get high-speed broadband in every school is getting a boost from the philanthropy of two technology gurus - Facebook creator Mark Zuckerberg and Microsoft Corp. co-founder Bill Gates.
The effort to get high-speed broadband in every school is getting a boost from the philanthropy of two technology gurus - Facebook creator Mark Zuckerberg and Microsoft Corp. co-founder Bill Gates.
Further signs have emerged to show that the economic recovery in the 17-country eurozone is already losing steam.
Further signs emerged Wednesday to show that the paltry economic recovery in the 17-country eurozone is losing steam.
Chances of a breakthrough in global trade negotiations dimmed as India refused to budge on food subsidies that are an obstacle to an eleventh hour agreement at a WTO summit.
Chances of a breakthrough in global trade negotiations dimmed Wednesday as India refused to budge on food subsidies that are an obstacle to an eleventh-hour agreement at a World Trade Organization summit.
One of the largest insurers in the Netherlands, Achmea NV, says it will cut 4,000 jobs, which represents around 20 percent of its workforce.
One of the largest insurers in the Netherlands, Achmea NV, says it will cut 4,000 jobs, which represents around 20 percent of its workforce.
Tesco, Britain's largest retailer by revenue, says it struggled at home during the third quarter as consumers continued to feel the pinch.
Tesco, Britain's largest retailer by revenue, says it struggled at home during the third quarter as consumers continued to feel the pinch.
Portugal wants to look like Ireland, but it can't disguise its resemblance to Greece.
Portugal wants to look like Ireland, but it can't disguise its resemblance to Greece.
A New York state parole board agreed Tuesday to release former Tyco chief executive Dennis Kozlowski on parole after more than eight years in prison for his conviction in a $134 million corporate fraud case.
A New York state parole board agreed Tuesday to release former Tyco chief executive Dennis Kozlowski on parole after more than eight years in prison for his conviction in a $134 million corporate fraud case.
The fight over how to address Illinois' worst-in-the-nation pension shortfall is likely to move to the courts following passage of a landmark bill.
The passage of a landmark bill to address Illinois' worst-in-the-nation pension crisis means the yearslong fight over how to address the massive shortfall now likely shifts to the courts, where its fate - and...
The revelation that a New York City commuter train derailed while barreling into a sharp curve at nearly three times the speed limit is fueling questions about whether automated crash-avoidance technology could...
An engineer whose speeding commuter train ran off the rails along a curve, killing four people, experienced a hypnosis-like "daze" and nodded at the controls just before the wreck, and by the time he caught himself it was...
A federal prosecutor has vowed to prove that a former BP drilling engineer destroyed evidence when he deleted hundreds of text messages from a mobile phone after the company's 2010 oil spill in the Gulf of Mexico.
A federal prosecutor vowed Tuesday to prove that a former BP drilling engineer was trying to destroy evidence when he deleted hundreds of text messages from a cellphone after the company's 2010 oil spill in the Gulf of...
Illinois lawmakers are set to consider a potentially historic plan to solve the state's worst-in-the-nation $100 billion pension crisis.
The Illinois Legislature approved a historic plan Tuesday to eliminate the state's $100 billion pension shortfall, a long-delayed decision proponents described as critical to repairing the state's deeply troubled...
Top trade officials began talks Tuesday that will either produce an eleventh hour deal that could boost the global economy by $1 trillion or possibly spell the end of the World Trade Organization's relevance as...
Top trade officials began talks Tuesday that will either produce an eleventh hour deal that could boost the global economy by $1 trillion or possibly spell the end of the World Trade Organization's relevance as a forum...
A lawyer for an accounting executive facing charges he aided Bernard Madoff in a massive fraud asked a judge Tuesday for a trial date, saying he wants no delay in getting the case before a jury because aging...
A lawyer for an accounting executive facing charges he aided Bernard Madoff in a massive fraud asked a judge Tuesday for a trial date, saying he wants no delay in getting the case before a jury because aging witnesses may...
Cyber Monday is still on top.
Cyber Monday is still on top.
Republicans controlling the House oppose a drive by Democrats to renew jobless benefits averaging less than $300 a week nationwide for the long-term unemployed, a senior GOP lawmaker said Tuesday.
Republicans controlling the House oppose a drive by Democrats to renew jobless benefits averaging less than $300 a week nationwide for the long-term unemployed, a senior GOP lawmaker said Tuesday.
By The Associated Press Black Friday deals and the long Thanksgiving weekend lured buyers into U.S. automobile showrooms, and analysts say the surge likely boosted November sales above a strong...
By The Associated Press The holiday weekend and an ongoing shift from cars to small SUVs boosted the auto industry in November.
Detroit's bankruptcy case is entering its most important stage so far as a judge decides whether the city is eligible to stay in court and fix billions in debt.
A federal judge ruled Tuesday that Detroit can use bankruptcy to cut employee pensions and relieve itself of other crushing debts, handing a defeat to the city's unions and retirees and shifting the case into a...
Stocks were slightly lower in early trading Tuesday as investors continued to worry about the Federal Reserve winding down its economic stimulus program and weak consumer spending in the U.S.
After eight straight weeks of gains, the stock market pullback long anticipated by investors may have arrived.
A fire chief says a worker is presumed dead after a silo collapsed and spilled tons of corn at a feed mill in Washington state.
A worker was missing and presumed dead after a silo collapsed and spilled 50 tons of corn at a facility that was cited this year for six "serious" safety violations, officials said Tuesday.
The Supreme Court has refused to consider throwing out New York State's taxes on Internet purchases on websites like Amazon.com, a move that could change the way Internet commerce works.
On perhaps the busiest online shopping day of the year, the Supreme Court refused to wade into a dispute over state sales taxes for purchases on websites like Amazon.com, an outcome likely to prompt more states to attempt...
A new Treasury inspector general's report says health care subsidies under the new health care law may be vulnerable to fraud.
Government subsidies to help Americans buy insurance under the health care overhaul may be vulnerable to fraud, a Treasury Department watchdog warned on Tuesday in the latest indication that troubles are far from over for...
Chrysler says its November U.S. sales rose a surprising 16 percent, a sign that the auto industry will beat strong numbers from a year ago.
Americans proved last month that they're head over heels about small sport utility vehicles. They also wanted to buy more than just video game consoles and big-screen TVs on Black Friday.
J. C. Penney says a key sales measure jumped 10.1 percent in November.
J. C. Penney Co. says a key sales measure jumped 10.1 percent in November, helped by a strong start to the holiday shopping season.
President Barack Obama wants to draw attention to the income gap between rich and poor in an economic address meant to both spur short-term congressional action and help set the agenda for the remainder of his...
President Barack Obama wants to draw attention to the income gap between rich and poor in an economic address meant to both spur short-term congressional action and help set the agenda for the remainder of his presidency.
A federal appeals court has ruled that employers can require their workers to sign arbitration agreements waiving all rights to class action lawsuits over workplace grievances.
Employers can require their workers to sign arbitration agreements waiving all rights to class-action lawsuits over workplace grievances, a federal appeals court ruled Tuesday.
Twelve jurors and three alternates have been picked to hear the Justice Department's case against a former BP drilling engineer charged with deleting text messages and voicemails about the company's...
Twelve jurors and three alternates have been picked to hear the Justice Department's case against a former BP drilling engineer charged with deleting text messages and voicemails about the company's response to its...
Stocks are closing lower on Wall Street as investors worry about weak consumer spending as the holiday shopping season gets underway.
Stocks are closing lower on Wall Street as investors worry about weak consumer spending as the holiday shopping season gets underway.
Seeking to move past its website woes, the Obama administration is launching a two-pronged health care strategy this month aimed at avoiding enrollment snafus come January while also trying to refocus the...
Seeking to regroup from his health care law's disastrous rollout, President Barack Obama on Tuesday insisted that the sweeping overhaul is working and warned Republican critics that he would fight any efforts to strip...
Saudi Arabia, the largest Arab economy, urgently needs to create new jobs in the coming years for the millions of young people expected to enter the kingdom's workforce, Saudi business leaders and the...
Saudi Arabia, the largest Arab economy, urgently needs to create new jobs in the coming years for the millions of young people expected to enter the kingdom's workforce, Saudi business leaders and the International...
The Supreme Court is indicating it won't offer much help to frequent flyers who want to sue when airlines revoke their miles or their memberships.
The Supreme Court indicated Tuesday it won't offer much help to frequent flyers who want to sue when airlines revoke their miles or their memberships.
RV manufacturers expect to pass another milestone in their recovery from the recession that landed the industry in a deep ditch.
RV manufacturers expect to pass another milestone in their steady recovery from the recession that landed the industry in a deep ditch.
President Barack Obama is hosting Colombian President Juan Manuel Santos at the White House, just days after the Latin American leader announced his intent to seek re-election in the midst of peace talks with the...
President Barack Obama congratulated Colombian President Juan Manuel Santos Tuesday on taking bold steps toward peace in his country and praised a U.S.-Colombia trade agreement that has increased commerce between the two...
Amazon.com CEO Jeff Bezos wants his company to deliver goods - in 30 minutes or less - using drones.
Need a quick delivery? Jeff Bezos wants to send in the drones.
Senior Palestinians say the diplomatic pressure that produced the nuclear deal with Iran - world powers negotiating jointly in Geneva and wielding the stick of sanctions - should now be applied to the...
Senior Palestinians say the diplomatic pressure that produced the nuclear deal with Iran - world powers negotiating jointly in Geneva and wielding the stick of sanctions - should now be applied to the long-festering...
Muted Chinese manufacturing weighed on Asian stock markets Monday as investors awaited the release of U.S. data that might provide clearer signs about when the Federal Reserve will cut its monetary stimulus.
Speculation that the U.S. Federal Reserve will start reducing its monetary stimulus this month weighed on stock markets Tuesday.
Moncler, an Italian fashion house known for its down jackets, is launching an initial public offering this month in what Milan's main stock exchange hopes will boost its plan to become an international hub for...
Moncler, an Italian fashion house known for its down jackets, is launching an initial public offering this month in what Milan's main stock exchange hopes will boost its plan to become an international hub for luxury...
Stocks are falling on Wall Street as investors worry about the Federal Reserve winding down its economic stimulus program and weak consumer spending in the U.S.
Stocks are falling on Wall Street as investors worry about the Federal Reserve winding down its economic stimulus program and weak consumer spending in the U.S.
Regional rivals Saudi Arabia and Iran are coming to an OPEC oil ministers' conference with competing agendas.
Iran hopes to use a meeting of OPEC oil ministers on Wednesday as a launch pad for its return as a dominant force in global crude markets after months of sanctions. It faces resistance, however, from regional rival Saudi...
Only four months after a raging fire engulfed the arrivals terminal at Kenya's main airport, officials are breaking ground on new airport construction that Kenyan leaders hope will cement the country as East...
Only four months after a raging fire engulfed the arrivals terminal at Kenya's main airport, Kenya's president on Tuesday broke ground on new construction that officials hope will cement the country as East...
A measure of U.S. home prices rose only modestly in October, adding to signs that prices have stabilized after big gains earlier this year
A measure of U.S. home prices rose only modestly in October, adding to signs that prices have stabilized after experiencing big gains earlier this year
Stocks are opening lower on Wall Street as investors hold back ahead of economic reports that could influence when the Federal Reserve will start reducing its stimulus.
Stocks are opening lower on Wall Street as investors hold back ahead of economic reports that could influence when the Federal Reserve will start reducing its stimulus.
Royal Dutch Shell PLC says it has completed building the hull of the world's largest floating facility, which has been constructed to process natural gas off the coast of western Australia.
Royal Dutch Shell PLC says it has completed building the hull of the world's largest floating facility, which has been constructed to process natural gas off the coast of western Australia.
The price of oil extended gains to rise above $94 a barrel Tuesday, ahead of an OPEC meeting and bolstered by encouraging manufacturing data from the world's top two economies.
By PABLO GORONDI Associated Press The price of oil extended gains to around $94 a barrel Tuesday, bolstered by encouraging manufacturing data from the world's top two economies and predictions of a...
U.S. stock futures are falling as investors await a raft of economic data this week to gauge when the Federal Reserve will start reducing its economic stimulus.
U.S. stock futures are falling as investors await a raft of economic data this week to gauge when the Federal Reserve will start reducing its economic stimulus.
Royal Bank of Scotland customers found themselves unable to use debit or credit cards on the busiest shopping day of the year.
Royal Bank of Scotland customers found themselves unable to use debit or credit cards on the busiest shopping day of the year.
The Portuguese government is getting more than 578 million euros ($784 million) from the privatization of a 70 percent stake in national mail company CTT - Correios de Portugal.
The Portuguese government is getting more than 578 million euros ($784 million) from the privatization of a 70 percent stake in national mail company CTT - Correios de Portugal.
The federal consumer finance watchdog is expanding its oversight to Sallie Mae and other companies that collect student loan payments.
The federal consumer finance watchdog is expanding its oversight to Sallie Mae and other companies that collect student loan payments.
Counselors helping people use the federal government's online health exchange are giving mixed reviews to the updated site, with some zipping through the application process while others are facing the same old...
Counselors helping people use the federal government's online health exchange are giving mixed reviews to the updated site, with some zipping through the application process while others are facing the same old...
Black Friday deals and the long Thanksgiving weekend lured buyers into U.S. automobile showrooms, and analysts say the surge should boost November sales above a strong month last year.
Black Friday deals and the long Thanksgiving weekend lured buyers into U.S. automobile showrooms, and analysts say the surge should boost November sales above a strong month last year.
Official figures show the number of people registered as unemployed in Spain fell by a little under 2,500 in November, the first drop during the month since the current system was introduced 1997.
Official figures show the number of people registered as unemployed in Spain fell by a little under 2,500 in November, the first drop during the month since the current system was introduced 1997.
Washoku, the traditional cuisine of Japan, is being considered for designation as part of the world's priceless cultural heritage by the U.N. this week. But even as sushi and sake booms worldwide, purists say...
Washoku, the traditional cuisine of Japan, is being considered for designation as part of the world's priceless cultural heritage by the U.N. this week. But even as sushi and sake booms worldwide, purists say its finer...
Volkswagen turns off some employees' email 30 minutes after their shifts end. Goldman Sachs is urging junior staff to take weekends off. BMW is planning new rules that will keep workers from being contacted...
Volkswagen turns off some employees' email 30 minutes after their shifts end. Goldman Sachs is urging junior staff to take weekends off. BMW is planning new rules that will keep workers from being contacted after hours.
Computer crashes should be giving way to insurance coverage - if the government's diagnosis of its health care website is correct.
President Barack Obama's new and improved health care website faces yet another test in just a couple of weeks, its biggest yet. If HealthCare.gov becomes overwhelmed by an expected year-end crunch, many Americans will...
Federal authorities are investigating what might have caused a commuter train to derail in New York City, killing four people and injuring more than 60 others.
A commuter train that derailed over the weekend, killing four passengers, was hurtling at 82 mph as it entered a 30 mph curve, a federal investigator said Monday. But whether the wreck was the result of human error or...
It's the day of the online deal.
Power up and shop.
Hilton Worldwide Holdings Inc. said Monday that it could raise as much as $2.37 billion, making it one of the year's biggest IPOs.
Hilton Worldwide Holdings Inc. said Monday that it could raise as much as $2.37 billion, making it one of the year's biggest IPOs.
Stocks were mixed in early trading as investors weighed encouraging news about the economy against weaker holiday shopping sales.
The final month of a stellar year for stocks began with a thud.
Fast-food workers in about 100 cities will walk off the job this Thursday, organizers say, which would mark the largest effort yet in a push for higher pay.
Fast-food workers in about 100 cities will walk off the job on Thursday, organizers say, which would mark the largest effort yet in a push for higher pay.
Bernard Madoff's former right-hand man is about to take center stage at the trial of five former co-workers.
The modest office at 110 Wall Street didn't look special, but it was the breeding ground of Bernard Madoff's $17 billion Ponzi scheme, says longtime employee Frank DiPascali.
The stock market is closing lower after the holiday shopping season got off to a disappointing start.
The stock market is closing lower after the holiday shopping season got off to a disappointing start.
Hundreds of Ukrainian protesters have blocked entrances to the government building and called for the ouster of the prime minister and his cabinet.
Facing huge anti-government demonstrations after spurning a deal with the European Union, Ukraine's embattled president sought Monday to quell public anger by moving to renew talks with Brussels.
Swedish-based Volvo Car Group has joined the race to develop self-driving cars, saying it plans to build 100 such vehicles in a pilot project.
Swedish-based Volvo Car Group has joined the race to develop self-driving cars, saying it plans to build 100 such vehicles in a pilot project.
The Paris prosecutor's office says a French court has ordered a trial for Daimler AG and Lagardere SCA as well as EADS executives in an insider trading investigation dating to 2006.
A French court on Monday ordered a trial for carmaker Daimler AG and industrial conglomerate Lagardere SCA as well as executives for Airbus parent EADS in an insider trading investigation dating back to 2006.
Major stock indexes are little changed in midday trading as investors weigh encouraging news about construction and manufacturing against weaker holiday shopping sales.
Major stock indexes are little changed in midday trading as investors weigh encouraging news about construction and manufacturing against weaker holiday shopping sales.
U.S. manufacturing grew in November at the fastest pace in 2 ½ years, as factories ramped up production, stepped up hiring and received orders at a healthy clip.
U.S. manufacturing grew in November at the fastest pace in 2½ years as factories ramped up production, stepped up hiring and received orders at a healthy clip.
U.S. developers boosted construction spending in October at the fastest pace in more than four years, propelled by a surge in government buildings. The increase suggests the 16-day partial government shutdown...
U.S. developers boosted construction spending in October at the fastest pace in more than four years, propelled by a surge in government projects. But spending on home construction and commercial projects both fell.
For the first time in two and a half years, a new Saab sedan has rolled off the production line in Trollhattan in south-west Sweden.
Two and a half years after Saab shut down production due to financial trouble, the Swedish car rolled a new sedan off its assembly lines in Trollhattan, in south-west Sweden, on Monday.
By ANNE D'INNOCENZIO AP Retail Writer Did retailers shoot themselves in the foot?
Retailers got Americans into stores during the start to the holiday shopping season. Now, they'll need to figure out how to get them to actually shop.
The stock market is little changed is early trading after eight straight weeks of gains and the long holiday weekend.
The stock market is little changed is early trading after eight straight weeks of gains and the long holiday weekend.
Twitter just issued its IPO but a lingering question is how the popular worldwide microblog company will turn a profit. One Colorado-based company thinks it has found one way to help Twitter, and itself, make money.
Twitter just issued its IPO but a lingering question is how the popular worldwide microblog company will turn a profit. One Colorado-based company thinks it has found one way to help Twitter, and itself, make money.
Encrypted email, secure instant messaging and other privacy services are booming in the wake of the National Security Agency's recently revealed surveillance programs. But the flood of new computer security...
Encrypted email, secure instant messaging and other privacy services are booming in the wake of the National Security Agency's recently revealed surveillance programs. But the flood of new computer security services is...
The Chinese government has declared victory in its recent campaign to clean up what it considers rumors, negativity and unruliness from online discourse. Critics say the moves have suppressed criticism of the...
The Chinese government has declared victory in cleaning up what it considers rumors, negativity and unruliness from online discourse, while critics say the moves have suppressed criticism of the government and ruling...
Dow Chemical is looking to spin off or sell about 40 manufacturing plants from its business as it continues to move away from cyclical commodity products.
Dow Chemical is looking to spin off or sell about 40 manufacturing plants from its business as it continues to move away from cyclical commodity products.
Oil prices rose Monday as China's manufacturing growth held steady at a modest pace in November.
By PABLO GORONDI Associated Press The price of oil drifted up to around $93 a barrel as China's manufacturing growth held steady at a modest pace in November.
U.S. stock futures are in a holding pattern following the holiday weekend and eight straight weeks of gains for the S&P 500.
U.S. stock futures are in a holding pattern following the holiday weekend and eight straight weeks of gains for the S&P 500.
Energy company Hess is selling its Indonesia assets to a joint venture between PT Pertamina and PTT Exploration and Production Co. Ltd. for $1.3 billion.
Energy company Hess is selling its Indonesia assets to a joint venture between PT Pertamina and PTT Exploration and Production Co. Ltd. for $1.3 billion.
Lloyds Banking Group PLC has named Norman Blackwell to the role of chairman, succeeding Winfried Bischoff when he retires next year.
Lloyds Banking Group PLC has named Norman Blackwell to the role of chairman, succeeding Winfried Bischoff when he retires next year.
Serial startup firm Rocket Internet is targeting the growing market for peer-to-peer lending with the launch of a new site in Germany.
Serial startup firm Rocket Internet is targeting the growing market for peer-to-peer lending with the launch of a new site in Germany.
Greek authorities say a 13-year-old girl has died after inhaling fumes from a wood-burning stove her mother was using to heat the home after its electricity was disconnected.
Greek authorities say a 13-year-old girl has died after inhaling fumes from a wood-burning stove her mother was using to heat the home after its electricity was disconnected.
The late President Hugo Chavez's dream of leveraging Venezuela's oil wealth to spread revolution across Latin America is crumbling under the weight of an economic crisis that is forcing his hand-picked...
The late President Hugo Chavez's dream of leveraging Venezuela's oil wealth to spread revolution across Latin America is crumbling under the weight of an economic crisis that is forcing his hand-picked successor to...
Two surveys show Chinese manufacturing barely expanded in November and grew at about the same rate as the month before in further proof that the world's No. 2 economy is undergoing a sluggish recovery.
Chinese manufacturing barely expanded in November, growing at about the same rate as the previous month, two surveys showed in further evidence that the world's No. 2 economy is undergoing a sluggish recovery.
By The Associated Press Holiday shopping this year is a marathon, not a sprint.
By ANNE D'INNOCENZIO AP Retail Writer The holiday shopping season started as a marathon, not a sprint.
President Barack Obama is doing his part to support small businesses.
President Barack Obama is doing his part to support small businesses.
By STEVE ROTHWELL Thanksgiving Day is eating into Black Friday shopping.
By STEVE ROTHWELL Thanksgiving Day is no longer all about turkey: It's eating away at Black Friday shopping.
By JESSICA HERNDON AP Film Writer "The Hunger Games: Catching Fire" earned a prodigious $75 million, while 3-D animated musical "Frozen" opened with $67 million, according to studio estimates Sunday.
By JESSICA HERNDON AP Film Writer "The Hunger Games: Catching Fire" and 3-D animated musical "Frozen" dished up box office records over the Thanksgiving holiday.
Tens of thousands of anti-government demonstrators are marching through Ukraine's capital to protest the president's refusal to sign an agreement with the European Union.
A protest by about 300,000 Ukrainians angered by their government's decision to freeze integration with the West turned violent Sunday, when a group of demonstrators besieged the president's office and police drove...
Company executives say new models of Rubik's Cube are being launched in an effort to battle counterfeit models, many of which are made in China.
Company executives say new models of Rubik's Cube are being launched in an effort to battle counterfeit models, many of which are made in China.
The errors are fewer, the pages load faster, and more people can log on at the same time to the government's troubled health care website, according to Obama administration officials. Yet, like doctors...
The worst of the online glitches, crashes and delays may be over for the problem-plagued government health care website, the Department of Health and Human Services said Sunday.
An official says Gaza's ruling Hamas has canceled its upcoming anniversary rally because of the territory's economic woes. The Islamic militant group had used the elaborate annual commemoration of its...
The Gaza Strip's ruling Hamas movement canceled its upcoming anniversary rally Sunday, saying it was inappropriate to celebrate at a time of deep economic woes in the crowded seaside territory.
Iran's President Hassan Rouhani says his country intends to increase production from a giant gas field shared with neighboring Qatar.
Iran's President Hassan Rouhani says his country intends to increase production from a giant gas field shared with neighboring Qatar.
An official survey shows Chinese manufacturing barely expanded in November and stayed at the same rate as in the previous month, indicating a continual sluggish recovery.
Growth of Chinese manufacturing barely expanded in November and stayed at the same rate as in the previous month, indicating a continual sluggish recovery, the China Federation of Logistics and Purchasing said Sunday.
By The Associated Press The holiday shopping season kicked off early, as several retailers began offering deals on Thanksgiving Day. Many people complained about the early start and the mad rush...
By The Associated Press The holiday shopping season kicked off early, as several retailers began offering deals on Thanksgiving. Many people complained about the early start and the mad rush for deals -...
The Obama administration says it will meet its self-imposed deadline of fixing the troubled health care website so that 50,000 people can log in at the same time starting Saturday. Yet questions remain about the...
The Obama administration says it will meet its self-imposed deadline of fixing the troubled health care website so that 50,000 people can log in at the same time starting late Saturday. Yet questions remain about the...
Where's a Black Friday shopper to turn for a 19th century vampire-killing kit?
Where's a Black Friday shopper to turn for a 19th century vampire-killing kit?
Ukrainian opposition leaders are vowing to press ahead with protests against the president despite the violent dispersal of demonstrators during the night.
About 10,000 anti-government demonstrators angry about Ukraine's refusal to sign a pro-European Union agreement converged Saturday on a square outside a monastery where protesters driven away in a pre-dawn clash with...
The nuclear deal struck by Iran and world powers will put the rubber to the road for automakers in the Islamic Republic that have been stalled by sanctions.
The nuclear deal struck by Iran and six world powers will put more rubber on the road in the Islamic Republic.
Agriculture economists have long warned that aging farmers are staying on their land longer, delaying turnover to a younger generation.
Agriculture economists have long warned that farmers are getting old and staying on their land longer, delaying the turnover to a younger generation. But an Ohio State University professor argues that those fears are...
Mexican drug cartels looking to diversify their businesses long ago moved into oil theft, pirated goods, extortion and kidnapping, consuming an ever larger swath of the country's economy. This month, federal...
Mexican drug cartels looking to diversify their businesses long ago moved into oil theft, pirated goods, extortion and kidnapping, consuming an ever larger swath of the country's economy. This month, federal officials...
By ANNE D'INNOCENZIO AP Retail Writer Millions of Americans turned out as the holiday buying season started earlier this year on Thanksgiving Day. But there's still a lot of shopping left.
By ANNE D'INNOCENZIO AP Retail Writer Millions of Americans turned out as the holiday buying season started earlier this year on Thanksgiving Day. But there's still a lot of shopping left.
The troubled Vatican bank announced its new top manager Saturday, promoting an outside consultant who had stepped in when the bank's top two managers resigned amid scandal last summer.
The troubled Vatican bank announced its new top manager Saturday, promoting an outside consultant who had stepped in when the bank's top two managers resigned amid scandal last summer.
Small businesses interested in buying marketplace health insurance plans for their workers will have to purchase them from agents, brokers or insurance companies for the next year, rather than through the...
Small businesses interested in buying marketplace health insurance plans for their workers will have to purchase them from agents, brokers or insurance companies for the next year, rather than through the government website.
Greek state hospitals are functioning with emergency staff as doctors and staff hold a 24-hour strike against planned health cutbacks enforced under the country's harsh austerity program.
Ratings agency Moody's late Friday upgraded Greece's credit rating, citing improved results in the crisis-hit country's economic adjustment program.
By The Associated Press The holiday shopping season kicked off early, as several retailers began offering deals on Thanksgiving Day. Many people complained about the early start and the mad rush...
By The Associated Press The holiday shopping season kicked off early, as several retailers began offering deals on Thanksgiving Day. Many people complained about the early start and the mad rush for...
Oil was little changed near $92 a barrel Friday as holidays in the U.S. thinned trading.
Oil remained below $93 a barrel Friday, in light trading a day after the Thanksgiving holiday in the U.S.
Motorola will start selling a cheap smartphone in the U.S. more than a month ahead of schedule.
Motorola will start selling a cheap smartphone in the U.S. more than a month ahead of schedule.
A team of ex-Nokia engineers is launching a smartphone based on the former world No. 1 cellphone maker's old software, hoping to grab a share of a highly competitive market.
Engineers who used to work for Nokia are hoping to grab a share of the lucrative and highly competitive smartphone market with a new handset, which is based on the former world No. 1 cellphone maker's old software and...
A Dutch privacy watchdog says Google has been breaching the country's law on personal data protection since it introduced a new privacy policy last year.
A privacy watchdog said Thursday that Google has been breaching Dutch law on personal data protection since it introduced a new privacy policy last year.
This holiday season, it's Amazon vs. everyone else.
This holiday shopping season, it's Amazon vs. everyone else.
The Cayman Islands has signed an agreement with the U.S. government to fight offshore tax evasion and encourage financial transparency.
The Cayman Islands has signed an agreement with the U.S. government to fight offshore tax evasion and encourage financial transparency.
Stocks rose in a shortened trading day Friday following the Thanksgiving holiday.
The stock market fizzled Friday at the end of a holiday-shortened trading day, but still logged its longest streak of weekly gains in a decade.
By The Associated Press Black Thursday officially took over.
By The Associated Press The holiday shopping season kicked off early, as several retailers began offering deals on Thanksgiving Day. Many people complained about the early start and the mad rush for...
Standard & Poor's has stripped the Netherlands of its triple-A credit rating, saying that the country's growth prospects have deteriorated and it is not performing as well as peers.
Standard & Poor's stripped the Netherlands of its triple-A credit rating Friday, saying that the country's growth prospects have deteriorated and it is not performing as well as peers.
Major stock indexes are ending the day mixed in a holiday-shortened session.
Major stock indexes are ending the day mixed in a holiday-shortened session.
Asian stock markets were mostly lower Friday as traders awaited European inflation data and the first day of the U.S. Christmas shopping season.
Financial markets were subdued Friday as investors digested a run of economic figures in Europe and awaited clues on the strength of U.S. consumer spending on the first day of the Christmas shopping season.
Retailers are leading stocks higher at midday, putting the market on track for another strong month.
Retailers are leading stocks higher at midday, putting the market on track for another strong month.
Official figures show that the inflation rate in the 17-country eurozone rose modestly in November, a development that may ease the pressure on the European Central Bank to loosen its monetary policy further next...
Welcome news on inflation and unemployment on Friday will ease pressure on the European Central Bank to act again next week to shore up the 17-country eurozone economy. But they do little to ease longer-term worries over...
The Swiss government says it has cleared the first batch of banks to cooperate with U.S. authorities under a deal to stem tax evasion.
The Swiss government says it has cleared the first batch of banks to cooperate with U.S. authorities under a deal to stem tax evasion.
The European Union is extending its geopolitical reach eastward by sealing association agreements with Georgia and Moldova, but has missed out on a landmark deal with Ukraine as its key objective.
EU leaders Friday revived Cold War rhetoric Friday, accusing Russia of bullying Ukraine into ditching a landmark deal so the former Soviet republic would stay locked in Moscow's orbit.
Hundreds of Amazon.com Inc. workers are staging a strike in Germany and the union says there will be more to come in the run-up to Christmas unless the online retailer raises wages.
In a story Nov. 25 about a strike against Amazon.com in Germany, The Associated Press erroneously reported that the union ver.di represents about 2,000 Amazon employees in Leipzig and 3,300 in Bad Hersfeld.
Stocks are opening higher with all eyes on retailers, who are hoping for a deluge of customers at the start of the holiday shopping season.
Stocks are opening higher with all eyes on retailers, who are hoping for a deluge of customers at the start of the holiday shopping season.
U.S. stock futures are heading higher with all eyes on retailers who are hoping that a deluge of customers this Black Friday breaks open what has been a rather lackluster year.
U.S. stock futures are heading higher with all eyes on retailers who are hoping that a deluge of customers this Black Friday breaks open what has been a rather lackluster year.
Politicians didn't like it, the public didn't like it, so the gigantic Louis Vuitton suitcase is being booted out of Red Square.
Politicians didn't like it, the public didn't like it, so the gigantic Louis Vuitton suitcase is being booted out of Red Square.
TeliaSonera says it has fired its chief financial officer and three other executives for their role in questionable deals in Central Asia.
TeliaSonera says it has fired its chief financial officer and three other executives for their role in questionable deals in Central Asia.
Striking Portuguese postal workers have scuffled with police during a protest against the national mail company's privatization.
Striking Portuguese postal workers have scuffled with police during a protest against the national mail company's privatization.
German retail sales dropped for the second month in a row in October, underlining concerns abroad that Europe's largest economy is overly dependent on its exports to drive growth.
German retail sales dropped for the second month in a row in October, underlining concerns abroad that Europe's largest economy is overly dependent on its exports to drive growth.
Credit rating agency Standard & Poor's has upgraded Cyprus' sovereign debt by one notch to B- over what it says is a receding risk that the bailed-out country will default on its government borrowings.
Credit rating agency Standard & Poor's has upgraded Cyprus' sovereign debt by one notch to B- over what it says is a receding risk that the bailed-out country will default on its government borrowings.
A wall of storms packing ice, sleet and rain could upend holiday travel plans for Americans as millions take to the roads, skies and rails for Thanksgiving.
A wet and blustery storm along the East Coast made driving hazardous and tangled up hundreds of flights Wednesday but didn't cause the all-out gridlock many Thanksgiving travelers had feared.
Australia on Friday blocked the 3.4 billion Australian dollar ($3.1 billion) takeover bid by U.S. food giant Archer Daniels Midland Co. for Australian grains handler GrainCorp Ltd.
Australia on Friday blocked the 3.4 billion Australian dollar ($3.1 billion) takeover bid by U.S. food giant Archer Daniels Midland Co. for GrainCorp Ltd.
Stores are hoping holiday shoppers will gobble their turkey on Thanksgiving, but save the pumpkin pie for later.
Shoppers gobbled turkey, but saved the pumpkin pie for later on Thanksgiving Day.
Japanese stocks zoomed to their highest in almost six years Thursday as the yen sank, leading a broader advance by Asian markets after U.S. benchmarks rose to record levels.
Asian stock markets were mostly lower Friday as traders awaited European inflation data and the first day of the U.S. Christmas shopping season.
Data for October show Japan's economy is gaining momentum, with consumer prices excluding food and energy rising 0.3 percent from a year earlier, the biggest gain since 1998.
Japan's economy is gaining momentum, data for October showed, with consumer prices excluding food and energy rising 0.3 percent from a year earlier, the biggest gain since 1998. However, household spending remained...
While the Obama administration is making diplomatic progress on some of the Mideast's thorniest security issues, problems are piling up in Asia, even though President Barack Obama had wanted the region to play...
While the Obama administration is making diplomatic progress on some of the Mideast's thorniest security issues, problems are piling up in Asia, a region that President Barack Obama had wanted to play a bigger part in...
By The Associated Press The Australian government has rejected Archer Daniels Midland Co.'s bid to acquire grain handler GrainCorp Ltd, saying the proposed buyout would be contrary to the...
By The Associated Press The Australian government has rejected Archer Daniels Midland Co.'s bid to acquire grain handler GrainCorp Ltd, saying the proposed buyout would be contrary to the national...
As leaders of the European Union gather for a summit discussing the bloc's eastern expansion, a senior EU official admits that plans of closer ties with Ukraine will be postponed for when Kiev is ready.
With Russia warily looking on, European Union leaders on Thursday implored Ukraine to sign a landmark association agreement and reverse the geopolitical defeat they suffered last week when the former Soviet republic sought...
Venezuela's state-run oil company has secured $1 billion in financing from Russia's Gazprom to help the oil-dependent economy boost sagging output.
Venezuela's state-run oil company has secured $1 billion in financing from Russia's Gazprom to help the oil-dependent economy boost sagging output.
The shakeup at Blackberry is continuing after the ouster of CEO Thorsten Heins earlier this month.
BlackBerry's interim chief executive has shaken up BlackBerry's management team in a move seen as prelude to him taking the top job himself.
Struggling airline Alitalia says it is well on the way to raising the 300 million euros ($408 million) it has asked from shareholders as part of a broader rescue plan.
Struggling airline Alitalia says it is well on the way to raising the 300 million euros ($408 million) it has asked from shareholders as part of a broader rescue plan.
Pope Francis is trying to get a better handle on the reform of the troubled Vatican bank and the Holy See's finances, naming his top assistant to look into the work of two commissions of inquiry he set up this...
Pope Francis on Thursday named his top assistant to look into the work of two commissions of inquiry he set up last summer to investigate the finances of the troubled Vatican bank and Holy See administration.
The Bank of England has scaled back a loan program meant to spur economic recovery, amid fears that cheap mortgages could inflate a housing bubble.
The Bank of England has scaled back a loan program meant to spur economic recovery, amid fears that cheap mortgages could inflate a housing bubble.
Preparing for the World Cup and Olympics is putting Brazil's reputation on the line, giving South America's biggest country a chance to boost its profile while also exposing it to mounting pressure and...
Preparing for the World Cup and Olympics is putting Brazil's reputation on the line, giving South America's biggest country a chance to boost its profile while also exposing it to mounting pressure and unrelenting...
Oil consolidated at a six-month low Thursday after U.S. crude stockpiles rose for a tenth straight week.
By PABLO GORONDI Associated Press The price of oil was heading down toward $92 a barrel on Thursday, near six-month lows, after U.S. crude stockpiles rose for a tenth consecutive week.
Cyprus' central bank says that deposit outflows from the bailed-out country's banks have slowed to their lowest level in 10 months.
Cyprus' central bank says that deposit outflows from the bailed-out country's banks have slowed to their lowest level in 10 months.
Katie Couric is joining Yahoo to anchor an expansion of the Internet company's video news coverage in a move that she hopes will help persuade other broadcast TV veterans make the transition into online...
Katie Couric is joining Yahoo to anchor an expansion of the Internet company's video news coverage in a move that she hopes will help persuade other broadcast TV veterans to make the transition into online programming.
State-owned PetroChina says it has acquired a share in a development project of one of Iraq's most promising oil fields from U.S. major Exxon Mobil.
State-owned PetroChina says it has acquired a share in a development project of one of Iraq's most promising oil fields from U.S. major Exxon Mobil.
Germany's unemployment rate was unchanged in November at 6.5 percent in a sign the labor market as little room to improve any further.
Germany's unemployment rate was unchanged in November at 6.5 percent in a sign the labor market as little room to improve any further.
As car enthusiasts converge on the annual Guangzhou auto show, few have anything except a shiny new set of wheels in mind. But explosive growth that transformed China into the world's largest auto market is...
As car enthusiasts converge on the annual Guangzhou auto show, few have anything except a shiny new set of wheels in mind. But explosive growth that transformed China into the world's largest auto market is also giving...
By The Associated Press So you're heading out of town for Thanksgiving. Be warned: You're wading into a vast sea of people doing exactly the same thing, moving across the United States on...
By The Associated Press So you're heading out of town for Thanksgiving. Be warned: You're wading into a vast sea of people doing exactly the same thing, moving across the United States on one of...
President Barack Obama's administration has announced yet another delay in the rollout of the health care law. An online health insurance marketplace for small businesses is being put off until November 2014 to...
The Obama administration is delaying yet another aspect of the health care law, putting off until next November the launch of an online portal to the health insurance marketplace for small businesses.
A government study offers a new theory on why the whooping cough vaccine doesn't seem to be working as well as expected.
A government study offers a new theory on why the whooping cough vaccine doesn't seem to be working as well as expected.
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