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Stocks rise on hopeful signs for the US economy

Submitted by Fox First at Ten on May 17th

By STEVE ROTHWELLAP Market Writer NEW YORK (AP) - Encouraging news about the U.S. economy extended the stock market's rally Friday. Small-company stocks rose the most, a sign that investors are taking on more risk. Two companies soared in their stock-market debuts in the latest indication that

Gauge of US economy's future health up in April

Submitted by Fox First at Ten on May 17th

By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market. The Conference Board said Friday that its index of leading indicators increased 0.6

European car sales up for first time since 2011

Submitted by Fox First at Ten on May 17th

By COLLEEN BARRYAP Business Writer MILAN (AP) - The European auto industry may be showing the first signs of a slowdown in its sales free-fall, according to data from the European automaker's association. New car registrations in April were up 1.7 percent on the same time last year, the ACEA

'Scandal' cast performs finale live for Academy

Submitted by Fox First at Ten on May 17th

By MICHAEL CIDONI LENNOXAP Entertainment Writer LOS ANGELES (AP) - Forget the DVR. Not this time. Not after this long of a wait. Millions of fans actually watched the season-two finale of the ABC drama "Scandal" the old-fashioned way: on a TV screen, as it was fed from the network to their local

Obama focusing on job creation in Baltimore visit

Submitted by Fox First at Ten on May 17th

By NEDRA PICKLERAssociated Press BALTIMORE (AP) - President Barack Obama is leaving behind scandal-focused Washington to focus on the country's slowly improving jobs picture. Obama is to fly by helicopter Friday about 40 miles north to Baltimore, which has had its share of tough times in the

Obama focusing on job creation in Baltimore visit

Submitted by Fox First at Ten on May 17th

California fuels $550 million Powerball jackpot

Submitted by Fox First at Ten on May 17th

By JULIE WATSON and BARBARA RODRIGUEZAssociated Press SAN DIEGO (AP) - The numbers sum up the frenzy that has taken over the Golden State since it joined the madness over Powerball, which has seen its jackpot soar to $550 million for Saturday's drawing. California has sold $83 million worth of

World stocks mostly higher

Submitted by Fox First at Ten on May 17th

By TOBY STERLINGAP Business Writer AMSTERDAM (AP) - World stock markets shrugged off suggestions the U.S. Federal Reserve may begin to reverse some of its asset purchase programs by the end of the summer, and were mostly higher ahead of key data releases Friday. The Conference Board is due to

Edwards reactivates law license, speaking at event

Submitted by Fox First at Ten on May 16th

By MICHAEL BIESECKERAssociated Press RALEIGH, N.C. (AP) - Former presidential contender John Edwards has reactivated his license to practice law and is setting out on the speaking circuit. The two-time presidential candidate and former North Carolina senator is scheduled to appear June 6 at a

Subpoena of AP records revives media shield bill

Submitted by Fox First at Ten on May 16th

By FREDERIC J. FROMMERAssociated Press WASHINGTON (AP) - The controversy over the government's secret subpoena of Associated Press telephone records has revived legislation that protect journalists from having to reveal their sources to federal investigators - and the White House is endorsing