- Buffett praises Fed but warns of unintended consequences Updated: May-02-16 6:52 am
OMAHA, Nebraska - Investor Warren Buffett says the Federal Reserve and other policymakers are generally doing a good job, but it's difficult to predict all the effects of interest rates remaining low for this long.
- Requests to revisit AEP, FirstEnergy deals in Ohio due Updated: May-02-16 12:35 am
COLUMBUS, Ohio - Opponents are facing a deadline to ask Ohio utility regulators to reconsider their approval of two closely-watched energy deals that allowed two utility companies to impose short-term rate increases to subsidize some older coal-fired and nuclear power plants.
- Detroit auditor: Feds subpoenaed documents in blight program Updated: May-01-16 11:40 pm
DETROIT - The Detroit auditor general says federal investigators subpoenaed his office requesting records related to the use of federal funds for the city's blight-removal program.
- Clinton vies for blue-collar votes in Indiana campaign stop Updated: May-01-16 4:23 pm
INDIANAPOLIS - Hillary Clinton is making a pitch to Indiana's blue-collar workers, blaming Republicans for trickle-down economic policies "on steroids" that she says have harmed the middle class.
- Saudi Binladin Group employees set fire to buses in protest Updated: May-01-16 10:57 am
RIYADH, Saudi Arabia - Employees at the Saudi Binladin Group, a construction giant, have set fire to more than seven company buses in the latest protest by disgruntled staff over not being paid salaries for months and a large round of reported layoffs.
- South Korean president visits Iran to boost ties Updated: May-01-16 10:49 am
TEHRAN, Iran - South Korea's president arrived in Tehran on Sunday for the first summit between the two countries since they established diplomatic ties in 1962.
- North Korea party congress to show unity around Kim Jong Un Updated: May-01-16 9:10 am
TOKYO - North Korea is preparing to hold a once-in-a-generation congress of its ruling party that is intended to rally the nation behind leader Kim Jong Un and could provide an important glimpse into Kim's plans for the country's economy and military.
- Senate candidate paid relative $170K for past campaign work Updated: Apr-30-16 12:49 pm
INDIANAPOLIS - An Indiana Senate candidate who has railed against out-of-control government spending paid his brother-in-law nearly $170,000 to manage the finances of his congressional campaign. The relative worked as a car salesman and actor but had no experience rounding up political donations.
- US places 5 countries on trade monitoring list Updated: Apr-29-16 6:06 pm
WASHINGTON - The Treasury Department has placed five countries - China, Japan, Germany, South Korea and Taiwan - on a new monitoring list designed to pressure foreign governments to tackle large trade imbalances with the United States.
- The Latest: Chenault: Panel plans to hear tax credit bill Updated: Apr-29-16 5:09 pm
JUNEAU, Alaska - The Latest on legislative happenings as Alaska lawmakers continue to meet in extended session (all times local):
- Sanders blasts Indiana factory closings at union rally Updated: Apr-29-16 3:06 pm
INDIANAPOLIS - Bernie Sanders told a labor union rally outside the Indiana Statehouse that bad international trade policies are enabling corporations to shut down American factories and move work to countries with lower wages.
- Iran votes in parliamentary runoff as rare shooting wounds 4 Updated: Apr-29-16 12:05 pm
TEHRAN, Iran - Iranians voted Friday in the country's parliamentary runoff elections, a key poll that will decide how much power allies of moderate President Hassan Rouhani will have in the next legislature after the landmark nuclear deal with world powers.
- Eurozone economy regains size of 2008 but remains shaky Updated: Apr-29-16 10:19 am
LONDON - It's been a long and tortuous journey, but the eurozone economy is finally back to the size it was before the global financial crisis.
- Gov. Bullock wants $200M for infrastructure; details to come Updated: Apr-28-16 8:09 pm
BILLINGS, Montana - Gov. Steve Bullock on Thursday proposed spending $200 million on roads, bridges, schools and other public works across the state. But he didn't specify any projects or exactly how to pay for them, despite previous plans getting hung up on such details.
- Former defense secretaries push for trade pact Updated: Apr-28-16 6:48 pm
WASHINGTON - Eight former secretaries of defense are pushing congressional leaders to back one of President Barack Obama's top priorities and pass a free trade agreement they say is fundamental to national security.
- US economy struggles at start of election year Updated: Apr-28-16 3:36 pm
WASHINGTON - It was not a great start for the U.S. economy.
- Average US rate on 30-year mortgage rises to 3.66 percent Updated: Apr-28-16 11:58 am
WASHINGTON - Long-term U.S. mortgage rates rose this week, lifting from their 2016 lows but remaining historically low during the spring home-buying season.
- Watertown joins Pierre in selection of air service provider Updated: Apr-28-16 9:46 am
WATERTOWN, South Dakota - Watertown's City Council has chosen Aerodynamics Inc. as the city's air service provider, two days after Pierre's City Commission decided on the Atlanta-based carrier.
- Ex-Villanova hoops player convicted in bailout fraud scheme Updated: Apr-28-16 5:52 am
PHILADELPHIA - Two leaders of a defunct financial holding company, including a former Villanova University basketball player, have been convicted of using a circular loan scheme in an effort to defraud the U.S. Treasury Department's bank bailout program seven years ago.
- Japan central bank holds fire on fresh monetary stimulus Updated: Apr-28-16 3:59 am
TOKYO - Japan's central bank stunned financial markets Thursday with a decision not to splash out still more monetary stimulus for the ailing economy - apart from zero-interest loans for an earthquake zone.
- While leaving US rates unchanged, Fed keeps an eye overseas Updated: Apr-28-16 1:03 am
WASHINGTON - When the Federal Reserve chose not to raise its key interest rate, it nevertheless made clear that its next move will be another increase. That stance puts it at odds with other major central banks, which are doing the reverse - seeking to ease credit to spur lending.
- Japan's central bank leaves monetary policy mostly unchanged Updated: Apr-27-16 11:35 pm
TOKYO - Japan's central bank left its unprecedented monetary stimulus mostly unchanged in a policy meeting Thursday, defying speculation it would open the taps further to boost growth.
- Federal regulators put brakes on Ohio energy deals Updated: Apr-27-16 11:29 pm
COLUMBUS, Ohio - Two closely watched energy deals in Ohio allowing two utility companies to impose short-term rate increases on electricity customers cannot take effect until federal regulators approve them.
- Germany to subsidize electric cars to help own auto industry Updated: Apr-27-16 9:13 am
BERLIN - Germany's auto industry risks being overtaken by foreign competitors unless it receives greater domestic support, the country's economy minister said Wednesday, announcing a 1 billion euro ($1.13 billion) plan to subsidize electric cars that are seen as the technology of the future.
- McAuliffe visits Germany, announces new trade deal Updated: Apr-27-16 5:09 am
RICHMOND, Virginia - Gov. Terry McAuliffe has announced a new forest products trade deal between companies in Virginia and Germany.