WASHINGTON (AP) — Rising gasoline prices pushed inflation up modestly in June, leaving overall consumer prices higher than they were a year earlier for the first time since December.
Economists say the tick up in consumer prices makes it more likely the Federal Reserve will end a policy of keeping short-term interest rates near zero for more than six years. "Rebounding inflation combined with solid employment growth will likely lead the Fed to raise rates in September," said Gregory Daco, head of U.S. macroeconomics at Oxford Economics.
7. Yellen: Higher rates won't derail recovery - Friday, July 17, 2015
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen sought to reassure worried lawmakers on Thursday that when the Fed begins to raise interest rates, it will be careful not to derail the economy.8. US wholesale prices rise 0.4 percent in June - Friday, July 10, 2015
WASHINGTON (AP) — Prices for the producers of goods and services rose modestly in June, a sign that broader inflation is being kept in check. But an outbreak of avian influenza caused the cost of eggs to nearly double, as prices soared at the fastest pace ever recorded.9. Yellen: First Fed rate hike likely later this year - Friday, July 10, 2015
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Wednesday she is encouraged by signs that the economy is reviving after a brutal winter. And if the improvements stay on track, the Fed will likely start raising interest rates later this year.10. Yellen expects interest rate hike this year - Friday, July 10, 2015
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says she expects to start raising interest rates later this year but stresses that a number of headwinds are still holding back the U.S. economy.11. House OKs bill to speed drug approvals, boost bio research - Friday, July 10, 2015
WASHINGTON (AP) — Urged on by the medical industry and patients' groups, the House overwhelmingly approved a bipartisan bill that would speed federal approval of drugs and medical devices and boost biomedical research.12. Applications for US jobless benefits rose again last week - Friday, July 03, 2015
WASHINGTON (AP) — The number of people seeking unemployment benefits rose last week to the highest level since late February. But the increase likely reflected temporary auto plant shutdowns rather than any underlying labor market weakness.13. Fed officials still cautious in June about rate hikes - Friday, July 03, 2015
WASHINGTON (AP) — Federal Reserve policymakers last month saw signs that the economy was healing after its winter slump but still wanted more signs of improvement before they began raising interest rates.14. IMF: Financial risks growing at US insurers, mutual funds - Friday, July 03, 2015
WASHINGTON (AP) — The International Monetary Fund warned Tuesday that American stock prices are high and U.S. insurers and mutual funds are vulnerable to financial shocks. It also urged Congress not to weaken financial regulations passed in 2010.15. US job openings stay high, but actual hiring falters in May - Friday, July 03, 2015
WASHINGTON (AP) — Job openings stayed close to a 15-year high in May. It's a sign that companies are expecting continued economic growth, but the level of advertised jobs hasn't driven the same kind of increase in actual hiring.16. US unemployment falls to 7-year low, but wages are flat - Friday, July 03, 2015
WASHINGTON (AP) — U.S. unemployment fell to a seven-year low of 5.3 percent and employers hired at a solid pace in June, but other gauges of the job market drew a bleaker picture: A wave of people stopped looking for work, and paychecks failed to budge.17. US stocks lower after mixed US jobs report, Greek fears - Friday, July 03, 2015
NEW YORK (AP) — U.S. stocks are ending slightly lower as investors reacted to news that Greece's finances are deteriorating and a mixed report on the job market.
Investors drove bond prices higher Thursday in a bet that the Federal Reserve will be in no hurry to raise interest rates.
18. US stocks lower after mixed US job report, new Greek fears - Friday, June 26, 2015
NEW YORK (AP) — U.S. stocks fell in afternoon trading Thursday following the release of a mixed report on the U.S. job market and news that Greek finances are deteriorating as a Sunday referendum on terms of an international bailout nears. While U.S. payrolls grew overall, many people gave up looking for work and wage growth stalled. Investors drove bond prices up in a bet that the Federal Reserve will be in no hurry to raise interest rates soon.19. US manufacturing growth improves in June; hiring jumps - Friday, June 26, 2015
WASHINGTON (AP) — U.S. manufacturing growth improved in June, helped by a jump in employment.
The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its manufacturing index rose to 53.5 last month from 52.8 in May. Manufacturing activity matched January's level for the highest this year. Any reading above 50 signals expansion.
20. US stocks gain as Greece appears to be willing to negotiate - Friday, June 26, 2015
NEW YORK (AP) — Hopes that a deal could be reached between Greece and its creditors pushed stocks higher on Wednesday.
The U.S. market opened higher, following strong gains for European stocks, after Greek Prime Minister Alexis Tsipras wrote a letter to the nation's creditors and appeared to make concessions. Greece failed to repay a loan to the International Monetary Fund that was due on Tuesday after talks between the nations and its creditors broke down late last week.21. Stocks end mostly lower as Greece debt deadline approaches - Friday, June 26, 2015
NEW YORK (AP) — Stocks had a mixed day Friday, as investors waited for negotiators to finish their work on a solution to Greece's debt problems. Chinese stocks plunged 7 percent as fears spread that a yearlong bull rally there has become overheated. China's benchmark index is still up more than double over the past year.22. Durable goods orders retreat again in May - Friday, June 19, 2015
WASHINGTON (AP) — Orders to U.S. factories for long-lasting manufactured goods fell in May, pulled down by a sharp drop in demand for aircraft. But a category that reflects business investment rose last month, a hopeful sign for manufacturing.23. Stocks make slight gains amid optimism on Greek debt deal - Friday, June 19, 2015
NEW YORK (AP) — U.S. stocks are closing with a small gain as investors wait for a deal between Greece and its creditors. Greece faces defaulting on its debt without new loans.
The Dow Jones industrial average climbed 24 points, or 0.1 percent, to 18,144 on Tuesday. The Standard & Poor's 500 index rose one point, or 0.1 percent, to 2,124.
24. Here's why home sales are finally surging - Friday, June 19, 2015
WASHINGTON (AP) — Real estate has gotten hot again.
Home sales are on pace for their best year since 2007.
First-time buyers are streaming back into the market. Prices are skyrocketing, aided by a stronger job market and tantalizingly low mortgage rates that are creating pressure for buyers to act fast.25. Bernanke: Dump Jackson, not Hamilton, on US currency - Friday, June 19, 2015
WASHINGTON (AP) — Former Federal Reserve chief-turned blogger Ben Bernanke is calling for the U.S. Treasury to abandon plans to drop Alexander Hamilton from his featured spot on the $10 bill and to dump Andrew Jackson from the $20 instead.26. High court strikes down raisin program as unconstitutional - Friday, June 19, 2015
WASHINGTON (AP) — The Supreme Court ruled Monday that a 66-year-old program that lets the government take raisins away from farmers to help reduce supply and boost market prices is unconstitutional.27. Average US rate on 30-year mortgage eases to 4 percent - Friday, June 19, 2015
WASHINGTON (AP) — Average long-term U.S. mortgage rates eased this week after hitting their highest levels this year in the previous week.
Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage declined to 4 percent this week from 4.04 percent a week earlier. The rate on 15-year fixed-rate mortgages slipped to 3.23 percent from 3.25 percent.28. Average US rate on 30-year mortgage eases to 4 percent - Friday, June 12, 2015
WASHINGTON (AP) — Average long-term U.S. mortgage rates eased this week after hitting their highest levels this year in the previous week.
Mortgage giant Freddie Mac says the average rate on a 30-year fixed-rate mortgage declined to 4 percent this week from 4.04 percent a week earlier.29. US stocks advance; Harley climbs on buyback plan - Friday, June 12, 2015
US stocks moved sharply higher in midday trading Thursday, as investors assessed the latest corporate deal and earnings news. The rally came a day after the Federal Reserve suggested that it wasn't planning to raise interest rates right away.30. Feds charge state Rep. Joe Armstrong with fraud, tax evasion - Friday, June 12, 2015
NASHVILLE (AP) — Democratic state Rep. Joe Armstrong of Knoxville has been indicted on federal fraud and tax evasion charges connected to an increase in the state's cigarette tax in 2007.31. US stocks rise after Fed stands pat on rates - Friday, June 12, 2015
Stocks are closing higher after the Federal Reserve kept its benchmark interest rate unchanged at historic lows.
The central bank said Wednesday that it was seeing some improvement in the economy, but not enough to start raising interest rates.
32. Fed sees stronger economy but leaves key rate at record low - Friday, June 12, 2015
WASHINGTON (AP) — The U.S. economy has strengthened since a slump early this year, the Federal Reserve said Wednesday, but it wants to see further gains in the job market and higher inflation before raising interest rates from record lows.33. Focus on talk of company deals sends US stock indexes higher - Friday, June 12, 2015
Signs of more corporate dealmaking sent U.S. stocks higher on Tuesday, allowing investors to take their mind off Greece's debt troubles.
Investors were also looking ahead to Wednesday's economic and interest rate policy update from the Federal Reserve. They'll be looking for hints as to when the central bank will begin raising its key interest rate after holding it close to zero for more than six years.
34. Why a higher-rate era may not pain economies and individuals - Friday, June 12, 2015
WASHINGTON (AP) — Consumers, businesses and investors are facing an era of higher borrowing costs as some of the lowest global interest rates in modern history begin to rise.
Yet the message from most economists is a reassuring one: Rates won't likely climb fast or high enough to inflict much damage on economic recoveries in the United States or Europe. Borrowers and investors may feel some short-term pain but should manage fine in the long run.35. US factory output down in May, hurt by oil refining cuts - Friday, June 12, 2015
WASHINGTON (AP) — A decline in refining oil caused U.S. factory output to slip in May, overshadowing solid gains by automakers.
The Federal Reserve said Monday that manufacturing output declined 0.2 percent last month, as productivity has basically been flat since January. Manufacturing has been hurt the stronger dollar, higher oil prices reducing equipment orders and activity at refiners, and previously by cold winter weather at the start of the year.36. US wholesale prices jump in May, led by eggs, gasoline - Friday, June 12, 2015
WASHINGTON (AP) — Prices at the wholesale level rose at the fastest pace in nearly 3 years in May, pushed higher by a sharp jump in the cost of gasoline and a record increase in the price eggs related to an outbreak of avian influenza. But outside of increases in volatile food and energy costs, core inflation remained moderate.37. Greek jitters upset US, European stock markets - Friday, June 12, 2015
NEW YORK (AP) — A setback in talks between Greece and its creditors helped knock the stock market lower on Friday, amid renewed concerns that the country could default on its debts. 38. US household wealth reaches new high of nearly $85 trillion - Friday, June 12, 2015
WASHINGTON (AP) — A rising stock market and climbing home prices boosted Americans' net worth to a new high in the first three months of the year.
The Federal Reserve said Thursday that the value of Americans' stock holdings, real estate and other assets rose to $84.9 trillion from $83.3 trillion in the final three months of last year. Stock portfolios rose $487 billion, home values by $503 billion.39. Average US rate on 30-year mortgage jumps to high for year - Friday, June 12, 2015
WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped this week to their highest levels this year, with the key 30-year rate topping 4 percent for the first time since late 2014.
Rates have been surging amid signs of improvement in the economy, which have pushed bond prices lower and bond yields higher. Mortgage rates often follow the yield on the 10-year Treasury note, which reached a high for the year of 2.49 percent Wednesday. That was up from 2.37 percent a week earlier.40. US stocks end higher, building on gains of a day earlier - Friday, June 12, 2015
NEW YORK (AP) — Stocks rose for a second day after an encouraging report on retail sales suggested that Americans are finally feeling confident enough to spend more.
The market climbed from the start of trading on Thursday, pulled back at mid-morning on fears over a possible Greek default, but managed to hold on to modest gains across industries. Seven of the 10 sectors of the Standard and Poor's 500 rose, led by a 0.7 percent increase in utility stocks.41. US household wealth reaches new high of nearly $85 trillion - Friday, June 05, 2015
WASHINGTON (AP) — A rising stock market and climbing home prices boosted Americans' net worth to a new high in the first three months of the year.
The Federal Reserve said Thursday that the value of Americans' stock holdings, real estate and other assets rose to $84.9 trillion from $83.3 trillion in the final three months of last year. Stock portfolios rose $487 billion, home values by $503 billion.42. US stocks move higher, building on gains from the day before - Friday, June 05, 2015
NEW YORK (AP) — U.S. stocks rose Thursday after an encouraging report on retail sales suggesting consumers are shaking off their winter doldrums. Eight of the 10 industry sectors of the Standard & Poor's 500 index rose.43. Number of US job openings jumped to a 15-year high in April - Friday, June 05, 2015
WASHINGTON (AP) — U.S. employers advertised the most open jobs in April than at any time in the 15 years that the government has tracked the data, a sign that this year's steady hiring will likely continue.44. US stocks drift mostly lower; Treasury rates rise - Friday, June 05, 2015
NEW YORK (AP) — Major stock indexes are drifting mostly lower in afternoon trading Tuesday. Bond prices fell, driving a benchmark interest rate to its high for the year. Crude oil closed higher.45. US stocks end lower, pushing Dow into the red for the year - Friday, June 05, 2015
NEW YORK (AP) — The Dow Jones industrial average slipped into the red for the year on Monday as stocks extended their slump.
Airlines were among the biggest losers amid concern that capacity growth in the industry may curb profitability. JetBlue Airways, American Airlines and Delta Air Lines were among the carriers that declined.
46. 5 reasons why US employers are showing confidence in economy - Friday, June 05, 2015
WASHINGTON (AP) — Employers last month delivered a vote of confidence in the U.S. economy.
They added 280,000 jobs — a surprisingly robust total at a time when consumers are hesitant to spend and the economy appears less than fully healthy. Some key industries, from energy to manufacturing, have been struggling. And economic troubles overseas have put investors on edge.47. Fed Chair Yellen won't provide some documents in leak probe - Friday, June 05, 2015
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen is balking at turning over some of the documents ordered by a key House lawmaker in his investigation of a possible leak of market-sensitive information.48. US consumer borrowing up $20.5 billion in April - Friday, June 05, 2015
WASHINGTON (AP) — Consumer borrowing surged again in April, helped by the largest gain in credit card borrowing in a year.
Consumer borrowing expanded by $20.5 billion in April, the Federal Reserve reported Friday. That was down only slightly from a gain of $21.3 billion in March which was the biggest increase in eight months. The strong gains pushed consumer credit to a fresh record of $3.38 trillion.49. Strong jobs report jolts bond market, pushing yields higher - Friday, June 05, 2015
NEW YORK (AP) — It's been a tough week for bond investors.
Bonds extended their slump on Friday, after a report showed the U.S. employers added 280,000 workers to their payrolls in May. That was more jobs than forecast and suggests that the economy is back on track after starting the year in a slump.50. Burst of hiring drives US bonds lower; stocks slip - Friday, June 05, 2015
NEW YORK (AP) — A burst of hiring last month led to a drop in the bond market Friday as traders placed bets that the Federal Reserve would raise interest rates later this year. Despite the good economic news, the stock market drifted to another loss, finishing lower for the second week in a row.51. Global stocks lower after Greece delays IMF payments - Friday, June 05, 2015
LONDON (AP) — Greece's decision to bundle together its upcoming repayments to the International Monetary Fund roiled financial markets Friday as investors fretted over the possibility of a Greek debt default and the country's exit from the euro. U.S. jobs figures later will provide investors with a distraction from the mounting uncertainty over Greece's financial future.52. To hike or not to hike? IMF urges Fed to delay rate increase - Friday, June 05, 2015
WASHINGTON (AP) — What's the hurry? The International Monetary Fund on Thursday urged the Federal Reserve to put off raising short-term interest rates until next year because the U.S. economy still needs help.53. Average US rate on 30-year mortgage stays at 3.87 percent - Friday, June 05, 2015
WASHINGTON (AP) — Average long-term U.S. mortgage rates were flat to slightly lower this week, remaining near their highest levels so far this year.
Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage was unchanged from a week earlier at 3.87 percent. The rate on 15-year fixed-rate mortgages slipped to 3.08 percent from 3.11 percent.54. IMF: Fed should delay interest rate hike to 2016 - Friday, May 29, 2015
WASHINGTON (AP) — The International Monetary Fund urged the Federal Reserve to wait until the first half of 2016 to start raising short-term interest rates because the U.S. economy remains subpar.55. US productivity fell in first quarter while labor costs up - Friday, May 29, 2015
WASHINGTON (AP) — U.S. worker productivity declined more sharply in the first three months of the year than previously thought while labor costs rose more quickly.
Productivity fell at a 3.1 percent rate in the first quarter, a bigger drop than the 1.9 percent decline estimated a month ago, the Labor Department reported Thursday. Labor costs rose at a 6.7 percent rate in the first quarter, faster than 5 percent rise first estimated.
56. Fed sees moderate economic growth around country this spring - Friday, May 29, 2015
WASHINGTON(AP) — The U.S. economy was growing at a moderate pace in most regions of the country in April and May, as consumers ramped up spending at retailers and auto dealers, the Federal Reserve said Wednesday.57. More older Americans are being buried by housing debt - Friday, May 29, 2015
WASHINGTON (AP) — Al and Saundra Karp have found an unconventional way to raise money and help save their Miami-area home from foreclosure: They're lining up gigs for their family jazz band.
They enjoy performing. But it isn't exactly how Al, an 86-year-old Korean War vet, or Saundra, 76, had expected to spend their retirement.58. US consumer spending flat in April as income, savings rise - Friday, May 29, 2015
WASHINGTON (AP) — U.S. consumers held back from spending more in April, deciding instead to channel income gains into savings.
Consumer spending was flat in April — the weakest performance in three months — after a revised 0.5 percent increase in March, the Commerce Department reported Monday. The March advance had been the biggest gain since last August. Personal income rose a healthy 0.4 percent.59. US stocks recover from a slump the day before - Friday, May 22, 2015
NEW YORK (AP) — Stocks ended higher Wednesday, recovering the most of their losses from the day before, as Greece appeared closer to resolving its latest debt issues.
However, the overall market remains directionless as most investors are focused on figuring out when the Federal Reserve's long-awaited interest rate increase may come.
60. Slumping energy sector leads a broad sell-off in US stocks - Friday, May 22, 2015
NEW YORK (AP) — The stock market endured its worst day in three weeks on Tuesday as investors fretted over Greece's debt crisis and a surge in the U.S. dollar.
Investors seeking safety bought U.S. government bonds.
61. Global stocks mostly higher in quiet trading day - Friday, May 22, 2015
BEIJING (AP) — Global stocks mostly rose Monday on a quiet trading day with Wall Street, London and Hong Kong closed for holidays.
KEEPING SCORE: In in Europe, France's CAC-40 was among the few indexes to trade, shedding 0.7 percent to 5,106.54 points. London and Frankfurt are closed for holidays. Wall Street is closed for Memorial Day. In Asia, the Shanghai Composite Index surged 3.4 percent to close at 4,813.80 and Tokyo's Nikkei 225 rose 0.7 percent to 20,413.77. Sydney's S&P/ASX 200 advanced 1 percent to 5,721.50. Taiwan, Singapore and New Zealand also rose. Jakarta, Bangkok and Manila declined. Hong Kong and Seoul were closed for holidays.
62. Yellen: 1st rate hike likely by year end if economy improves - Friday, May 22, 2015
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year — if the job market improves and the Fed is confident inflation will climb closer toward its target rate.63. US consumer prices up a slight 0.1 percent in April - Friday, May 22, 2015
WASHINGTON (AP) — U.S. consumer prices were up slightly in April, but overall gains were held back by another decline in energy costs that offset the biggest one-month jump in medical care in eight years.64. US stock indexes edge higher as energy stocks gain - Friday, May 15, 2015
NEW YORK (AP) — U.S. stocks rose Thursday as the price of oil climbed, boosting energy stocks. Among individual stocks, Salesforce.com and Best Buy were among the biggest gainers after reporting earnings that exceeded the forecasts of Wall Street analysts.65. Fed minutes indicate June rate hike unlikely - Friday, May 15, 2015
WASHINGTON (AP) — Federal Reserve policymakers largely agreed when they met last month that June would be too early to start raising interest rates, as they debated whether the economy's winter weakness would fade or persist.66. Why many experts missed this: Cheap oil can hurt US economy - Friday, May 15, 2015
WASHINGTON (AP) — If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy.
It hasn't worked out that way.
67. Banks fined more than $5B, to plead guilty to market rigging - Friday, May 15, 2015
WASHINGTON (AP) — Four global banks agreed Wednesday to pay more than $5 billion in penalties and plead guilty to rigging the world's currency market, the first time in more than two decades that major players in the financial industry have admitted to criminal wrongdoing on such a scale.68. Stocks barely move in yet another listless day for markets - Friday, May 15, 2015
NEW YORK (AP) — The stock market showed little life on Wednesday as it closed yet another trading day barely changed from the day before.
Major indexes flitted between tiny gains and losses in the morning, rallied a bit after the Federal Reserve released minutes from its last meeting, then petered out toward the close. The Standard and Poor's 500 ended lower, but barely — down just 0.09 percent.69. US home construction surges to fastest pace since 2007 - Friday, May 15, 2015
WASHINGTON (AP) — U.S. homebuilders ramped up construction in April to the fastest pace in nearly seven-and-a-half years, providing newfound momentum for an economy that has struggled in recent months.70. US stocks close higher for a third day; Dow, S&P at records - Friday, May 15, 2015
NEW YORK (AP) — The stock market crept to a record high in a quiet session on Monday. Investors had little news to weigh because most major companies have finished reporting first-quarter results.71. Why I skipped the bank and took out a loan from my 'peers' - Friday, May 15, 2015
NEW YORK (AP) — When I realized I was paying off six different credit cards and not getting anywhere, I decided to consolidate my debt, like millions of other Americans.
I visited my local bank, asked for a $15,000 loan but was offered an interest rate higher than my cards were charging.72. US industrial output falls for 5th month on lower drilling - Friday, May 15, 2015
WASHINGTON (AP) — A plunge in energy-related drilling and sluggish manufacturing sent U.S. industrial output down for a fifth straight month in April.
Overall industrial production slid 0.3 percent in April after a drop of the same size in March, the Federal Reserve said Friday. The figures suggest that weakness in manufacturing and mining is weighing heavily on the economy.73. US stock indexes end mostly higher; S&P hits new high - Friday, May 15, 2015
U.S. stock indexes spent Friday mostly drifting between tiny gains and losses, but the small moves were enough to nudge the Standard & Poor's 500 index to its second record high in two days.
The Dow Jones industrial average also notched a gain for the second day in a row. The Nasdaq bucked the trend, closing slightly lower.
74. US producer prices fall in April; food, energy costs drop - Friday, May 08, 2015
WASHINGTON (AP) — A sharp drop in the cost of gasoline and food pushed down overall U.S. producer prices in April.
The Labor Department said Thursday that its producer price index fell 0.4 percent last month after rising 0.2 percent in March. But even excluding volatile food and energy categories, the core index slipped 0.2 percent last month, brought down in part by lower shipping costs.
75. US stock indexes move higher in midday trading - Friday, May 08, 2015
Encouraging news on the U.S. job market helped lift stock indexes in afternoon trading Thursday. Applications for unemployment aid fell last week, sending the four-week average down to its lowest level in 15 years. Technology stocks among the biggest gainers.76. Senate agrees to open debate on Obama's trade agenda - Friday, May 08, 2015
WASHINGTON (AP) — Senators reached a deal Wednesday to move forward on President Barack Obama's trade agenda only one day after Democrats embarrassed him by blocking it.
Lawmakers said roughly a dozen Senate Democrats agreed to let full-blown debate begin after both parties' leaders consented to tweak the package that failed on a procedural vote Tuesday. Those Democrats' votes were the difference between blocking the agenda and letting it move ahead.
77. US stock indexes end mostly lower after a listless day - Friday, May 08, 2015
Weak U.S. retail sales data helped set the stage Wednesday for a listless day of trading on Wall Street.
Coming off a two-day losing streak, the major stock indexes spent much of the day drifting between small gains and losses before ending mostly lower.
78. Senate GOP readies revamp of Dodd-Frank rules - Friday, May 08, 2015
WASHINGTON (AP) — The top Republican on the Senate Banking Committee unveiled legislation Tuesday that would ease regulatory requirements on mid-size banks and give lenders the option for greater freedom from mortgage lending rules.79. Senate Democrats block action on Obama's trade agenda - Friday, May 08, 2015
WASHINGTON (AP) — Senate Democrats dealt President Barack Obama a stinging setback on trade Tuesday, blocking efforts to begin a full-blown debate on a top priority of his second term.
The president's supporters said they will try again, possibly starting in the House. But they couldn't sugar-coat a solid rebuke from the president's own party, led by some who served with him in the Senate.
80. Senate GOP leader McConnell: Let's move ahead on trade bill - Friday, May 08, 2015
WASHINGTON (AP) — The Senate's top Republican on Tuesday pleaded with lawmakers to move ahead on a trade bill that has the strong backing of President Barack Obama but faces fierce opposition from several rebellious Democrats.81. Senate vote on trade looms big, but won't settle the debate - Friday, May 08, 2015
WASHINGTON (AP) — A much-anticipated Senate vote on trade will pack some suspense Tuesday, but it won't be the final word, no matter how it turns out.
Supporters of President Barack Obama's trade agenda need 60 votes in the 100-member Senate merely to start a full-blown debate on the legislation. Falling short would sting, and possibly build momentum for opponents. But the pro-trade forces would likely try again this year, possibly under better conditions.82. Why homebuyers face a tough spring - Friday, May 08, 2015
Eager to buy your first home this spring? Already own, but want to trade up? Be warned: there'll be plenty of competition.
Bidding wars have broken out in hot real-estate markets like Denver and Los Angeles, where there aren't enough houses to meet demand. The lack of supply is a key reason home sales nationwide have yet to return to healthy levels following the housing collapse in 2008.83. US economy rebounding with solid if unspectacular job gains - Friday, May 08, 2015
WASHINGTON (AP) — Rebounding from a dismal start to the year, the U.S. economy added 223,000 jobs in April, a solid gain that suggested that employers are helping fuel a durable if still subpar recovery.84. US consumer borrowing expanded $20.5 billion in March - Friday, May 08, 2015
WASHINGTON (AP) — Consumers increased their borrowing in March by the largest amount in nearly a year as borrowing on credit cards rebounded following two months of declines.
The Federal Reserve reports that consumer borrowing expanded by $20.5 billion in March to a fresh record of $3.36 trillion. It was the largest increase since a $26.7 billion surge in April 2014.85. US stocks jump the most since March following hiring gains - Friday, May 08, 2015
NEW YORK (AP) — The U.S. stock market had its best day in two months Friday following encouraging news about the job market.
The surge was enough to push two of the three major indexes to gains for the week.
86. US stock indexes are slightly higher a day after a drop - Friday, May 01, 2015
NEW YORK (AP) — U.S. stocks edged higher in morning trading Thursday as investors remained cautious following comments a day earlier from Federal Reserve Chair Janet Yellen, who suggested that stock prices might be overvalued.87. Yellen says bank regulators making progress in reforms - Friday, May 01, 2015
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Wednesday that the Fed and other banking regulators have made significant progress in correcting flaws in the financial system that triggered the worst banking crisis in seven decades.88. US productivity drops at 1.9 percent rate in first quarter - Friday, May 01, 2015
WASHINGTON (AP) — U.S. worker productivity declined in the first three months of the year as labor costs jumped, reflecting a slowdown in growth.
The Labor Department said Wednesday that productivity, which is the amount of output per hour of work, fell at 1.9 percent rate in the first quarter. Productivity dropped at a 2.1 percent rate in the final three months of 2014.89. US stocks close lower after weak jobs data; oil prices rise - Friday, May 01, 2015
NEW YORK (AP) — U.S. stocks fell across industries on Wednesday as investors worried over stock valuations, economic growth and rising interest rates.
Markets started the day higher, propelled by a jump in energy stocks, but then quickly gave up the gains. A comment from Federal Reserve Chair Janet Yellen suggesting that stocks are generally overvalued added to the selling pressure.
90. Freddie Mac posts $524M profit in 1Q; paying $746M dividend - Friday, May 01, 2015
WASHINGTON (AP) — Mortgage giant Freddie Mac reported net income of $524 million for the first quarter, down sharply from the same period of 2014, as it sustained losses on the investments it uses to hedge against swings in interest rates.91. US stocks gain, pushing the market close to record levels - Friday, May 01, 2015
NEW YORK (AP) — The stock market closed just short of a record on Monday as investors assessed some positive earnings reports.
Cognizant Technology Solutions, a technology consulting business, was the biggest gainer in the Standard & Poor's 500 index after it reported earnings that beat the expectations of Wall Street analysts and raised its outlook for earnings and sales for the year. Tyson Foods, the maker of Jimmy Dean sausage products, was another company whose stock gained after posting strong earnings.92. Average US rate on 30-year mortgage rises to 3.68 percent - Friday, April 24, 2015
WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week, but remain near historic lows with the spring home-buying season underway and showing strong sales.
Mortgage giant Freddie Mac says the national average for a 30-year fixed -rate mortgage increased to 3.68 percent from 3.65 percent last week.93. US wage growth shows signs of strength as hiring picks up - Friday, April 24, 2015
WASHINGTON (AP) — Paychecks for U.S. workers are rising at a faster pace as strong hiring in the past year has lowered the unemployment rate and increased competition for workers.
The employment cost index, which tracks wages, salaries and benefits, rose 2.6 percent in the first quarter compared with a year ago, the Labor Department said Thursday. Wages and salaries also rose 2.6 percent.
94. Spring awakening: US consumer spending rose in March - Friday, April 24, 2015
WASHINGTON (AP) — U.S. consumers boosted spending in March by the largest amount in four months, a hopeful sign that this key sector of the economy is reviving after a frigid winter.
Consumer spending increased 0.4 percent in March, the strongest gain since a similar increase in November, the Commerce Department reported Thursday. Spending fell in December and January before climbing a modest 0.2 percent in February.
95. Noting slower economy, Fed appears no closer to a rate hike - Friday, April 24, 2015
WASHINGTON (AP) — The Federal Reserve took a gloomier view of the U.S. economy Wednesday after a winter in which growth nearly froze. It offered no sign that a rate increase might be coming soon.96. Bond fund giant Pimco hires Bernanke as adviser - Friday, April 24, 2015
NEW YORK (AP) — Pimco has hired former Federal Reserve Chairman Ben Bernanke as a senior adviser, the bond fund manager said Wednesday.
It's the latest private venture for Bernanke, who since his departure from the nation's central bank last year has been on the speaking circuit and was recently hired by a major hedge fund as an adviser as well.
97. US stocks end lower following weak economic growth - Friday, April 24, 2015
NEW YORK (AP) — Stocks are closing lower as traders react to weak U.S. economic growth.
The economy skidded nearly to a halt in the first three months of the year, the government reported early Wednesday. Harsh weather, plunging exports and cutbacks in oil exploration were to blame.
98. US economy barely grew in first quarter - Friday, April 24, 2015
WASHINGTON (AP) — The U.S. economy skidded to a near halt in the first three months of the year, battered by a triple whammy of harsh weather, plunging exports and sharp cutbacks in oil and gas drilling.99. With economy uncertain, no Fed rate hike is seen before fall - Friday, April 24, 2015
WASHINGTON (AP) — For 6½ years, the Federal Reserve has held its key interest rate near zero, and for nearly that long the financial world has speculated about when the Fed will start raising it.
Don't look for it soon.100. Unhealthy ending: Stocks fall as health care shares weigh - Friday, April 24, 2015
NEW YORK (AP) — U.S. stocks are closing lower as health care companies weigh on the market and investors await a flood of earnings reports.
Stocks appeared headed for new highs in the morning Monday, but then drifted lower, led by declines in health care.