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ND oil town's prosperity doesn't reach teachers

Submitted by Fox First at Ten on July 6th

By JAMES MacPHERSONAssociated Press BISMARCK, N.D. (AP) - Jobs paying $80,000 or more abound in North Dakota's booming oil patch, but when Molly Lippert came home from college, she gladly accepted a $31,500-a-year position teaching first grade. "I'd

Irish unemployment hits 18-year high of 14.9 pct

Submitted by Fox First at Ten on July 4th

By SHAWN POGATCHNIKAssociated Press DUBLIN (AP) - Ireland's unemployment rate rose to an 18-year high of 14.9 percent in June, underscoring the country's struggle to stimulate economic growth in the face of austerity measures, government statisticians reported Wednesday

Conservation renews portraits of founding fathers

Submitted by Fox First at Ten on July 2nd

By BRETT ZONGKERAssociated Press WASHINGTON (AP) - Sixteen paintings by American artist Gilbert Stuart of some of the nation's founding fathers and other figures are showing their true colors for the first time in decades through a major conservation project at the National

Spain pays sharply higher rates in debt auction

Submitted by Fox First at Ten on June 26th

By DANIEL WOOLLSAssociated Press MADRID (AP) - Spain's borrowing costs soared in a pair of short-term auctions Tuesday as investors worried that the country would not be able to manage an expensive rescue of its ailing banking sector. The Treasury auctioned

Moody's cuts debt ratings of 28 Spanish banks

Submitted by Fox First at Ten on June 25th

By MARCY GORDONAP Business Writer Moody's Investors Service on Monday cut its credit ratings on 28 Spanish banks, saying the weakening financial condition of Spain's government is making it more difficult for that country to support its lenders. The

Spain's banks, government co-dependent on debt

Submitted by Fox First at Ten on June 25th

By DANIEL WOOLLS and HAROLD HECKLEAssociated Press MADRID (AP) - The Spanish government and Spanish banks are perilously co-dependent. The financial strength of one hinges on the other, and right now both are struggling for survival. The

World stocks buoyed by Fed stimulus hopes

Submitted by Fox First at Ten on June 20th

By GREG KELLERAP Business Writer PARIS (AP) - World stock markets mostly rose Wednesday ahead of the U.S. Federal Reserve's decision to extend Operation Twist, its program intended to lower long-term interest rates in a bid to boost growth and employment.

Spain minister: No international bailout needed

Submitted by Fox First at Ten on June 20th

By CIARAN GILESAssociated Press MADRID (AP) - Spain's finance minister insisted again Wednesday that the country does not need a full-blown bailout, even as the country's sky-high borrowing costs remained at dangerous levels. The interest rate, or yield

Wary Greeks look to election with trepidation

Submitted by Fox First at Ten on June 15th

By ELENA BECATOROSAssociated Press ATHENS, Greece (AP) - At the dinner table, in the coffee shop, on the street corner, the one constant as Greeks prepare to vote once again is concern, and even fear. Depending on the outcome of Sunday's election, Greece could be forced out

Even with short-term fixes, European future bleak

Submitted by Fox First at Ten on June 14th

By MARK JEWELLAP Personal Finance Writer BOSTON (AP) - Europe's on-again, off-again progress in tackling its debt problems has kept U.S. investors on edge for the better part of two-and-a-half years. It seems like this ride should be over by now, but it isn't. Risks