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'BOOM TOWN BABY': African stock markets see gains

'BOOM TOWN BABY': African stock markets see gains
Submitted by Fox First at Ten on May 22nd
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

Feds open special inspection into NC nuke plant

Feds open special inspection into NC nuke plant
Submitted by Fox First at Ten on May 22nd
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

Germans, French eye plan to create jobs for young

Germans, French eye plan to create jobs for young
Submitted by Fox First at Ten on May 22nd
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

Oil falls near $94 on small drop in supplies

Oil falls near $94 on small drop in supplies
Submitted by Fox First at Ten on May 22nd
By The Associated Press The price of oil fell near $94 a barrel Wednesday as the nation's oil supply fell less than expected and demand for gasoline remained weak. Benchmark crude for July delivery declined $1.90 to close at $94.28 a barrel on the New York Mercantile Exchange. The Energy

Judge: Hollister clothing unfriendly to disabled

Judge: Hollister clothing unfriendly to disabled
Submitted by Fox First at Ten on May 22nd
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.

Stocks rise on Fed stimulus hopes, home sales

Stocks rise on Fed stimulus hopes, home sales
Submitted by Fox First at Ten on May 22nd
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.

AAA: 31.2M drivers to take Memorial Day road trip

AAA: 31.2M drivers to take Memorial Day road trip
Submitted by Fox First at Ten on May 22nd
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

US home sales tick up to highest in 3 ½ years

US home sales tick up to highest in 3 ½ years
Submitted by Fox First at Ten on May 22nd
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

Bernanke signals Fed to maintain stimulus efforts

Bernanke signals Fed to maintain stimulus efforts
Submitted by Fox First at Ten on May 22nd
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

Stocks edge higher as investors watch the Fed

Stocks edge higher as investors watch the Fed
Submitted by Fox First at Ten on May 22nd
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

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Protesters chant 'Stop the IRS' in Cincinnati

Protesters chant 'Stop the IRS' in Cincinnati
Submitted by Fox First at Ten on May 21st
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

Small Fla. city anxious to learn jackpot winner

Small Fla. city anxious to learn jackpot winner
Submitted by Fox First at Ten on May 20th
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

WATCH LIVE: Clay Starbuck Trial Happening Now; Accused Of Murdering His Ex Wife

WATCH LIVE: Clay Starbuck Trial Happening Now; Accused Of Murdering His Ex Wife
Submitted by Fox First at Ten on May 21st
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