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Economists predict increase in consumer spending

Economists predict increase in consumer spending
Submitted by Fox First at Ten on May 20th
WASHINGTON (AP) - Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. The economists predict that the U.S. economy will grow 2.4 percent this year and 3 percent next year. That's unchanged from

Senators require fingerprinting at 30 airports

Senators require fingerprinting at 30 airports
Submitted by Fox First at Ten on May 20th
By DAVID ESPO and ERICA WERNERAssociated Press WASHINGTON (AP) - Senate supporters of far-reaching immigration legislation accepted minor changes in public while negotiating over more sweeping alterations in private Monday as they drove toward expected Judiciary Committee approval by mid-week. In a

Obama cites Myanmar reforms during leader's visit

Obama cites Myanmar reforms during leader's visit
Submitted by Fox First at Ten on May 20th
By MATTHEW PENNINGTON and NEDRA PICKLERAssociated Press WASHINGTON (AP) - In a long-awaited White House visit, President Barack Obama on Monday told Myanmar's president that he appreciates the Asian leader's efforts to lead the country in "a long and sometimes difficult, but ultimately

Russian oligarchs foot most of 2014 Sochi Olympics

Russian oligarchs foot most of 2014 Sochi Olympics
Submitted by Fox First at Ten on May 20th
By NATALIYA VASILYEVAAP Business Writer SOCHI, Russia (AP) - The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying for the 2014 Winter

Chinese, Indian leaders call for cooperation

Chinese, Indian leaders call for cooperation
Submitted by Fox First at Ten on May 20th
By RAVI NESSMANAssociated Press NEW DELHI (AP) - The leaders of India and China played down their recent border dispute and other tensions Monday, pledging to work together for regional stability and the economic growth of the world's two most populous nations. Friction has been building

United to restart 787 flights on Monday

United to restart 787 flights on Monday
Submitted by Fox First at Ten on May 20th
By JOSHUA FREEDAP Airlines Writer United Airlines is getting its 787s back in the air. The planes are returning after being grounded for four months by the federal government because of smoldering batteries on 787s owned by other airlines. The incidents included an emergency landing of one plane,

China sentences underground bank operator to death

China sentences underground bank operator to death
Submitted by Fox First at Ten on May 20th
By JOE McDONALDAP Business Writer BEIJING (AP) - A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by entrepreneurs. Lin Haiyan was convicted of "illegal fundraising" for

Oil price falls below $96 a barrel

Oil price falls below $96 a barrel
Submitted by Fox First at Ten on May 20th
By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve chief. Benchmark crude for June delivery was down 55 cents to $95

China asks NKorea to release fishing boat, crew

China asks NKorea to release fishing boat, crew
Submitted by Fox First at Ten on May 20th
By LOUISE WATTAssociated Press BEIJING (AP) - China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held for ransom, in the latest irritant in relations between the neighboring allies. The seizure of the

Asian stocks rise on signs of steady US recovery

Asian stocks rise on signs of steady US recovery
Submitted by Fox First at Ten on May 20th
By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday. A gauge of future economic activity issued Friday rose more than expected, a sign that the world's biggest economy is improving. Consumer

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O'Malley using agenda, fundraising to explore 2016

O'Malley using agenda, fundraising to explore 2016
Submitted by Fox First at Ten on May 21st
By KEN THOMAS and BRIAN WITTEAssociated Press ANNAPOLIS, Md. (AP) - His latest legislative achievements put him in the vanguard of his party's liberal base. He's been a top fundraiser for President Barack Obama. And he's ramping up his travel to help fellow Democrats around the country

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

Public Memorial For Fairchild Airmen Of KC-135 Tanker Crash In Kyrgyzstan

Public Memorial For Fairchild Airmen Of KC-135 Tanker Crash In Kyrgyzstan
Submitted by Fox First at Ten on May 17th
AIRWAY HEIGHTS, Wash. - A public memorial for the patriots who lost their lives onboard a KC-135 that crashed May 3 will be held May 28, 2013 at the Inland Northwest Bank Performing Arts Center at 1 p.m. Capt. Mark Tyler Voss, Capt. Victoria Pinckney and Tech. Sgt. Herman "Tre" Mackey III will be