By PABLO GORONDIAssociated Press
The price of oil was steady above $84 a barrel Wednesday as investors waited to hear whether the U.S. Federal Reserve plans new stimulus measures to boost weak economic growth.
By early afternoon in Europe, benchmark oil for
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - Employers in April posted the fewest job openings in five months, suggesting hiring will remain sluggish in the months ahead.
The Labor Department said Tuesday that job openings fell to a seasonally
By The Associated Press
EXPANDING COVERAGE: President Obama's health care overhaul is expected to expand coverage to about 30 million people as it unfolds over the next few years. It also will leave an estimated 26 million uninsured.
THE LAW: It will allow
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - JPMorgan Chase CEO Jamie Dimon had a much tougher reception Tuesday when he returned to Capitol Hill for a second round of questions over the bank's $2 billion trading loss.
House lawmakers from both
By ALEX VEIGAAP Business Writer
LOS ANGELES (AP) - Despite concerns about the economy, Discover's customers are using their cards more often and paying their bills on time at record rates.
The company's profit fell 10 percent in its March-May quarter,
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - U.S. builders started work on more single-family homes in May and requested the most permits to build homes and apartments in three and a half years. The increase suggests the housing market is slowly recovering even as
By GREG KELLERAssociated Press
PARIS (AP) - As if it's not enough that England and France are battling for Europe's soccer championship this week - now their leaders are sniping over taxes, too.
While their teams face decisive matches in Ukraine,
By The Associated Press
RIVERWOODS, Ill. (AP) - Discover Financial Services says its second-quarter net income fell 10 percent as the company freed up less money from reserves set aside to cover customers' unpaid bills.
But the delinquency rate for loans
By MAE ANDERSONAP Retail Writer
NEW YORK (AP) - Barnes & Noble said Tuesday that its fiscal fourth-quarter loss narrowed as the company continues to invest in its Nook e-reader business and adjust to the evolving book business.
Facing tough competition from
WESTFORD, Mass. (AP) - Sonus Networks Inc., which makes Internet hardware and software, said Tuesday that it is buying communications equipment maker Network Equipment Technologies Inc. for about $41.3 million in cash. Freemont, Calif.-based Network Equipment makes internet