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Oil price up after attack on US consulate in Libya

Submitted by Fox First at Ten on September 13th

By PABLO GORONDIAssociated Press Oil traded above $97 a barrel Thursday after attacks on U.S. diplomatic missions and the killing of the U.S. ambassador to Libya sparked new worries about unrest in the Middle East. By early afternoon in Europe, benchmark crude was up 25 cents at $97.26 per

Foreclosure starts fell on annual basis in August

Submitted by Fox First at Ten on September 13th

By ALEX VEIGAAP Real Estate Writer LOS ANGELES (AP) - The evolution of the U.S. foreclosure crisis is increasingly diverging along state lines. On a national level, fewer homes were placed on the foreclosure track last month than in August last year, when they hit a 17-year high, foreclosure

As Fed ends meeting, many expect bold action

Submitted by Fox First at Ten on September 13th

By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - The Federal Reserve ends a two-day meeting Thursday with expectations high for some new action to jolt the lackluster U.S. economy. Many investors hope the Fed will take the bold step of launching a third bond-buying program. The goal

DOJ settles with CA bank over prejudicial lending

Submitted by Fox First at Ten on September 13th

LOS ANGELES (AP) - A California bank has agreed to invest $2 million to help people get credit and mortgages in lower-income communities to settle Justice Department allegations of discriminatory lending. A Department of Justice statement Wednesday said from 2006 to 2011 Luther Burbank Savings,

Iowa regents to seek $40M financial aid program

Submitted by Fox First at Ten on September 13th

By RYAN J. FOLEYAssociated Press IOWA CITY, Iowa (AP) - The Iowa Board of Regents asked lawmakers Wednesday to create a $40 million program to provide financial aid to low-income students as part of a plan to phase out the tuition dollars used for that purpose. The regents met in Ames to

Louisville asks liquor warehouse to control vapors

Submitted by Fox First at Ten on September 12th

By DYLAN LOVANAssociated Press LOUISVILLE, Ky. (AP) - A worldwide liquor conglomerate has been ordered by Louisville officials to cut down on vapors coming from warehouses where it stores bourbon because residents are complaining about odors and a black fungus accumulating on houses. The action

At Ford, questions remain about life after Mulally

Submitted by Fox First at Ten on September 12th

By DEE-ANN DURBIN and TOM KRISHERAP Auto Writers DETROIT (AP) - The big question at Ford these days: What's next? The company has thrived under the charismatic leadership of Alan Mulally. But the sunny 67-year-old CEO who joined Ford six years ago appears close to retirement. Reports say he

Docs: NYC ban on big, sugary drinks could help

Submitted by Fox First at Ten on September 12th

By DAVID B. CARUSO and JENNIFER PELTZAssociated Press NEW YORK (AP) - The era of the supersized cola may come to an end in New York City on Thursday, when health officials are expected to approve an unprecedented 16-ounce limit on sodas and other sugary drinks at restaurants, delis and movie

US Treasury bond market at a glance

Submitted by Fox First at Ten on September 12th

By The Associated Press Key barometers in the Treasury market late Wednesday, compared with late Tuesday. Price changes in the 10-year note and 30-year bond are per $100 invested:

Euro rises to 4-month high on German ruling

Submitted by Fox First at Ten on September 12th

NEW YORK (AP) - The euro rose to a four-month high against the dollar Wednesday after Germany's highest court paved the way for the country to participate in Europe's financial rescue fund. The ruling helped ease investor uncertainty about Europe's efforts to solve its debt crisis. The