By JASON STRAZIUSOAssociated Press
NAIROBI, Kenya (AP) - The barrage of hourly tweets sent out by Aly-Khan Satchu - East Africa's version of CNBC's Mad Money host Jim Cramer - cheers on what Satchu says is a growing sentiment among investors: If you're not investing in Africa, you
By EMERY P. DALESIOAP Business Writer
RALEIGH, N.C. (AP) - Federal regulators said Wednesday that they are conducting a special inspection of a nuclear power plant outside North Carolina's capital city that was forced to shut down last week after operators discovered corrosion and cracking in
BERLIN (AP) - Germany and France are preparing to launch a drive to combat the problem of high European youth unemployment, which officials in Berlin say will center on trying to get business involved and make better use of already-pledged public money.
Germany's labor minister, Ursula von der
By STEVEN K. PAULSONAssociated Press
DENVER (AP) - A federal judge in Denver is contemplating an injunction against Abercrombie & Fitch Co. and J.M. Hollister LLC after ruling earlier that nearly 250 of their clothing stores that cater to a hip, young clientele are unfriendly to the disabled.
By BERNARD CONDONAP Business Writer
NEW YORK (AP) - Stocks are moving higher Wednesday after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its economic stimulus programs.
Investors were also encouraged by news that sales of previously-occupied U.S.
By SCOTT MAYEROWITZAP Business Writer
It's going to be another busy Memorial Day weekend on the nation's highways.
From Thursday through Monday, 31.2 million Americans will drive 50 miles or more to a beach, campground or other getaway, according to car lobbying group AAA. That's a
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.
The National Association of Realtors said Wednesday that sales rose to a
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
Reducing the Fed's efforts to keep borrowing rates low would
NEW YORK (AP) - Stocks are opening slightly higher as investors watch for the latest moves from the Federal Reserve.
The Dow Jones industrial average was up 39 points at 15,424 shortly after the opening bell Wednesday, a gain of 0.2 percent.
The Standard & Poor's 500 index was up four
By STEPHEN WILSONAP Sports Writer
LONDON (AP) - Richard Carrion of Puerto Rico entered the IOC presidential race Wednesday, promising to use his business experience to guide the Olympics through the world's troubled financial times and proposing to deploy IOC staff permanently in host cities to
By DAN SEWELLAssociated Press
CINCINNATI (AP) - Tea party activists waving flags and signs, singing patriotic songs and chanting anti-IRS slogans protested outside federal buildings across the country Tuesday to protest the agency's extra scrutiny of conservative groups.
A crowd packed the
By TAMARA LUSH and BARBARA RODRIGUEZAssociated Press
ZEPHYRHILLS, Fla. (AP) - It could be an anxious wait of up to two months for people in a small Florida city to find out who won the highest Powerball jackpot in history: an estimated $590.5 million.
The lucky ticket was bought sometime Saturday
SPOKANE, Wash. – The trial of Clay Starbuck, charged with killing his ex-wife Chanin and sexually violating her remains, entered its third week Monday at the Spokane County Courthouse.
Chanin Starbuck was found strangled to death in her Deer Park home in December of 2011, and Clay