- Glencore shares storm ahead on zinc cutback news Updated: Oct-09-15 1:36 pm
LONDON - Shares in commodities group Glencore rose strongly Friday after the company said it is slashing its zinc production by a third and cutting jobs in response to a sharp fall in the price of the metal.
- Pressure builds on Paul Ryan to run for House speaker Updated: Oct-09-15 1:24 pm
WASHINGTON - The pressure is on Rep. Paul Ryan, the GOP vice presidential nominee in 2012, to run for House speaker in the chaotic aftermath of Majority Leader Kevin McCarthy's sudden decision to abandon his campaign for the post.
- NY Fed chief: Rate hike likely this year but hinges on data Updated: Oct-09-15 1:21 pm
WASHINGTON - The head of the Federal Reserve Bank of New York said Friday that a Fed rate hike remains likely this year but that a final decision will depend on how the economy performs.
- Nobel Peace Prize boosts struggling Tunisian democracy Updated: Oct-09-15 1:21 pm
TUNIS, Tunisia - It was the fall of 2013 and Tunisia's newfound democracy was in grave danger. The assassination of a left-wing politician had prompted the opposition to walk out of the constitutional assembly. The government was paralyzed, the constitution unfinished and the country on the brink of war.
- Celebration of Peru's economic boom comes late Updated: Oct-09-15 11:54 am
LIMA, Peru - The world's top finance officials lavished praise on Peru's "economic miracle" this week, lauding it for cutting poverty by half during a decade-long bonanza of record-high prices for gold, copper and other metals it mines.
- Michigan wraps up trade trip to India, seeks investment Updated: Oct-09-15 11:49 am
LANSING, Michigan - Michigan Lt. Gov. Brian Calley is wrapping up a weeklong trade trip to India, where he's highlighting investment and partnership opportunities.
- Fed official still favors 2015 hike but notes dimmer outlook Updated: Oct-09-15 11:19 am
NEW YORK - A voting member of the Federal Reserve's policy committee said Friday that he still thinks an interest-rate increase will be appropriate by year's end. But he acknowledged that the outlook for the economy appears cloudier than it did a few weeks ago.
- Air France appeals to passengers after labor violence Updated: Oct-09-15 11:18 am
PARIS - Air France sent an unusual appeal Friday to its passengers worldwide, insisting that the violent, clothes-ripping protests against executives earlier should not scar the airline's reputation.
- IMF says Iceland has repaid its remaining debt Updated: Oct-09-15 10:41 am
LONDON - The International Monetary Fund says Iceland has repaid all of its remaining obligations - ahead of schedule - as the island nation presses on with its recovery following its economic collapse seven years ago.
- US wholesale stockpiles rise in August, but sales fall Updated: Oct-09-15 10:09 am
WASHINGTON - Cheaper oil and less demand for autos and machinery weighed on wholesalers in August, as their inventories edged up just slightly while sales dropped.
- Vilsack visiting Colorado to promote Pacific trade deal Updated: Oct-09-15 9:41 am
DENVER - Agriculture Secretary Tom Vilsack is visiting Colorado to make the Obama administration's case for a Pacific trade deal it says will benefit farm exports.
- US stocks open higher, on track for best week this year Updated: Oct-09-15 9:39 am
NEW YORK - U.S. stocks are opening modestly higher, keeping the market on track for its best week this year.
- Foreclosures rise sharply in Ward County this year Updated: Oct-09-15 8:01 am
MINOT, North Dakota - The number of foreclosures in Ward County has spiked this year, with more flood-affected properties showing up among the tax delinquencies.
- Expats spooked after 2 foreigners gunned down in Bangladesh Updated: Oct-09-15 5:45 am
DHAKA, Bangladesh - The cafes and restaurants are empty. The chatter of guests in hotel lobbies has gone quiet. The high-walled embassy compounds are even more closely guarded.
- Fulbright program exports teaching methods to the world Updated: Oct-09-15 5:05 am
BLOOMINGTON, Indiana - Neo Tshani Mafunye is fluent in four languages. The special education secondary school teacher from Francistown, Botswana in Africa can communicate with her students in English, Kalanga, Setswana and sign language.
- Trade official visits Delaware on heels of landmark pact Updated: Oct-09-15 2:15 am
WILMINGTON, Delaware - U.S. Trade Representative Michael Froman is traveling to Delaware in his first public event since negotiating a contentious trade pact involving the United States and 11 other Pacific Rim countries.
- US treasury secretary blames Congress for debt limit delays Updated: Oct-08-15 9:21 pm
LIMA, Peru - U.S. Treasury Secretary Jacob Lew admonished Congress on Thursday for not moving fast enough to raise the government borrowing limit at a time of heightened fragility in the global economy.
- Gap shares fall on disappointing sales at Banana Republic Updated: Oct-08-15 7:48 pm
NEW YORK - The creative director for Gap's Banana Republic brand is stepping down after 18 months in that role.
- Appeals court puts brakes on suit between lawmakers, schools Updated: Oct-08-15 7:41 pm
PHOENIX - The Arizona Court of Appeals is blocking schools from collecting hundreds of millions of dollars a trial court ordered the Legislature to pay while it considers an appeal.
- EU agrees to speed migrant deportation, buttress borders Updated: Oct-08-15 6:56 pm
LUXEMBOURG - The European Union on Thursday took measures to buttress its porous external borders and toughen up its migrant return program in an attempt to build a credible refugee policy that would continue to embrace those fleeing for their lives yet punish those seeking economic gain.
- Comptroller: Connecticut wage growth continues to lag Updated: Oct-08-15 5:49 pm
HARTFORD, Connecticut - Wage growth in Connecticut remains below pre-recession levels despite improvements in job growth, further complicating the state's budgetary challenges, according to report released Thursday by Comptroller Kevin Lembo's office.
- Latin America rolls out red carpet for once-scorned IMF Updated: Oct-08-15 5:17 pm
LIMA, Peru - The last time the IMF held its annual meetings in Latin America, Ernesto "Che" Guevara was trying to spread Cuba's revolution throughout the hemisphere and much of the region was under the thumb of repressive dictatorships.
- Governor: Analysis shows truck toll plan is good way to go Updated: Oct-08-15 5:07 pm
PROVIDENCE, Rhode Island - An economic analysis commissioned by the state is further evidence that the proposal to toll large commercial trucks to fund Rhode Island bridge repairs is a good way to go, Gov. Gina Raimondo said Thursday.
- Clinton seeks crackdown for those breaking Wall Street rules Updated: Oct-08-15 4:09 pm
WASHINGTON - Just days before the first Democratic debate, Hillary Rodham Clinton released a series of proposals aimed at cracking down on bad behavior by Wall Street, vowing that individual bankers who violate the law will be "prosecuted and imprisoned."
- Trade deal, Keystone open Clinton to flip-flop charges Updated: Oct-08-15 3:47 pm
WASHINGTON - Martin O'Malley was blunt when he learned Hillary Rodham Clinton had announced her opposition to a Pacific Rim trade deal. "Wow, that's a reversal," he told reporters minutes after Clinton announced her shift.