By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - U.S. builders broke ground on homes at the fastest pace in more than five years, evidence the housing recovery is accelerating despite higher mortgage rates.
The Commerce Department says developers began construction on houses and
By The Associated Press
JPMorgan is suing the Federal Deposit Insurance Corp. to recover more than $1 billion. It says the FDIC failed to make good on the promises it made to induce the bank to buy Washington Mutual when it failed in 2008.
The New York bank says in a federal lawsuit that the FDIC
NEW YORK (AP) - A global consensus that the U.S. will not pull back on its aggressive monetary policies is pushing markets higher at home and abroad. The Federal Reserve ends its two-day meeting Wednesday and issues its last statement and updated economic forecasts of 2013.
KEEPING SCORE: Dow Jones
By JOSHUA FREEDAP Business Writer
MINNEAPOLIS (AP) - FedEx's second-quarter profit missed analyst expectations as customers continued to shift toward cheaper ground-shipping options and away from overnight air.
The shipping company's net income rose 14 percent, in large part because
BERLIN (AP) - Chancellor Angela Merkel is vowing to defend German jobs as the European Union's executive investigates whether German companies that use large amounts of electricity get unfair discounts.
Hundreds of German companies have been exempt from paying a surcharge on households'
LONDON (AP) - SABMiller, one of the world's biggest brewers, says its chairman, Graham Mackay has died after suffering from a brain tumor.
The 64-year old Mackay helped lead the company through some of its most dramatic recent moments as it moved from its South African roots to become a massive
By ADAM SCHRECKAssociated Press
DUBAI, United Arab Emirates (AP) - Dozens of migrant workers hired to do construction work on a prominent skyscraper in Qatar are running low on food after working for almost a year without pay, a leading rights group said on Wednesday.
The allegations by Amnesty
BERLIN (AP) - Germany is to nominate a top Bundesbank official to fill a vacant seat on the European Central Bank's executive board, an appointment that would make her the only woman at the top table.
Chancellor Angela Merkel's Cabinet decided to put forward Sabine Lautenschlaeger, the vice
By JOHN-THOR DAHLBURGAssociated Press
BRUSSELS (AP) - European finance ministers appear to have made a breakthrough in their long-standing efforts to deal with failing banks. But other tough issues remain to be resolved in discussions Wednesday.
An agreement will help bolster efforts to complete a
By DANICA KIRKAAssociated Press
LONDON (AP) - Britain's unemployment rate has fallen to its lowest rate in about four years, official figures showed Wednesday, in a development that's reinforced expectations that the Bank of England will start raising interest rates sooner than previously
WOOSTER, Ohio (AP) - The disappearance of a 9-year-old girl later found strangled and dumped in a trash bin was reported in a 911 call by the man now charged with killing her.
Authorities say Jerrod Metsker, 24, was the last person seen with Reann Murphy at the trailer park where they lived in
Spokane County Medical Examiner's Office Confirms Identity and Cause of death of the man who was killed on December 15, 2013 on the 2500 Block of Garfield
SPOKANE COUNTY, December 17, 2013 – The Spokane County Medical Examiner's Office has confirmed the identity and the cause of
Mobile users can view the slideshow here: http://tinyurl.com/m48bwzl
UPDATE: On Tuesday afternoon authorities in Spokane Valley confirmed to our Dylan Wohlenhaus that emergency responders a body found in the Spokane River about half a mile from Maringo Dr. and Farr Road.
At this hour no