By MARCY GORDONAP Business Writer
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell again to record lows, giving would-be buyers more incentive to brave the housing market.
Mortgage buyer Freddie Mac says the average rate on the 30-year loan fell to 3.56 percent. That's down from 3
By PALLAVI GOGOIAP Business Writer
NEW YORK (AP) - It's been a scandal-filled few months for banks.
JPMorgan Chase revealed a $2 billion trading loss, triggering an investigation by the government and hearings in Congress. Then the large banks were implicated in a global dust-up over interest
By LINDA A. JOHNSONAP Business Writer
TRENTON, N.J. (AP) - Growth in global spending on medications will slow markedly over the next four years due to a slew of new low-cost generic drugs coming to pharmacies in the U.S. and other developed countries, along with slower increases in what those
FORT MYERS, Fla. (AP) - A friend of a Florida teenager attacked by an alligator called 911 for help while yelling at the 17-year-old to get out of the water.
In a 911 call released Wednesday, one of Kaleb Langdale's friends told the dispatcher that "a gator just got my friend" and the teen'
By BY JEAN H. LEEAssociated Press
PYONGYANG, North Korea (AP) - Her eyes well up when Li Pun Hui recalls her role in a historic example of "ping pong diplomacy."
In 1991, the North Korean table tennis star paired with her archrival, South Korea's Hyun Jung-hwa, as part of the first "unified
By JOHN RABY and VICKI SMITHAssociated Press
LEROY, W.Va. (AP) - A defense lawyer's comments in a high-profile case of abuse and torture in West Virginia could make domestic violence victims think twice about asking for help and discourage bystanders from offering it, an advocate said
By MARGIE MASONAP Medical Writer
HANOI, Vietnam (AP) - Tran Minh Giang has spent more than a third of his young life in a Vietnamese hospital, and it could be many months more before he can go home. All for a disease that in Asia is as common as chicken pox, and usually about as severe.
By GARY FINEOUTAssociated Press
TALLAHASSEE, Fla. (AP) - The fallout from the hazing death of a Florida A&M University drum major appears unlikely to end soon.
University leaders will hold an emergency meeting next week to start the search for a new president after James Ammons, the president
By JEAN-MARIE GODARDAssociated Press
PARIS (AP) - Struggling French carmaker PSA Peugeot-Citroen, facing diving sales in crisis-hit southern Europe, announced a drastic cost-cutting plan Thursday to slash 8,000 jobs in France and close a major factory north of Paris, shocking workers and
By ELLIOT SPAGATAssociated Press
SAN DIEGO (AP) - A man who saw an illegal immigrant from Mexico get shot with a stun gun by U.S. border authorities said he testified Thursday to a federal grand jury amid signs that prosecutors are considering criminal charges in the immigrant's death after