Archives


Latest News


U.S. business spending plans, jobs data support growth outlook

Orders for long-lasting U.S. manufactured goods in August posted their biggest drop on record after an aircraft-related boost, but a rebound in business spending plans pointed to underlying strength in the economy.

Sep 25, 2014 11:00 AM EDT


U.S. new home sales at six-year high; supply increases

Sales of new U.S. single-family homes surged in August and hit their highest level in more than six years, offering confirmation that the housing recovery remains on course.

Sep 24, 2014 11:36 AM EDT


Chicago church gives congregants $500 each to spend for good

Churchgoers grumble that they always get hit with pleas for money. But congregants at a Chicago church this month got a surprise - they each received a check for $500, with instructions to go out and do something good with it.

Sep 24, 2014 11:34 AM EDT


In Pennsylvania, heroin easier to get than wine, cheaper than beer: report

Young people in rural Pennsylvania can buy heroin more easily than a bottle of wine and getting high with the opiate can be cheaper than buying a six pack of beer, according to an investigative report released on Tuesday.

Sep 24, 2014 11:28 AM EDT


Ten ways to put your retired iPhone to work

With about 10 million new iPhone 6s ordered in the initial days on the market, a whole lot of old iPhones are destined for the scrap heap.

Sep 24, 2014 11:22 AM EDT


Drone delivery: DHL 'parcelcopter' flies to German isle

Logistics firm DHL is using a drone to fly parcels to the German island of Juist, in what it says is the first time an unmanned aircraft has been authorized to deliver goods in Europe.

Sep 24, 2014 11:17 AM EDT


Obama critic D'Souza spared prison for violating election law

Conservative author and filmmaker Dinesh D'Souza avoided prison on Tuesday when a U.S. judge sentenced him to serve eight months in a community confinement center after he pleaded guilty to violating campaign finance law.

Sep 24, 2014 11:12 AM EDT


Exclusive: Oil company rewrites its history, may aid founder's divorce case

Oil driller Continental Resources Inc has been revising its corporate history in ways that diminish the publicly traded company’s accomplishments under CEO Harold Hamm, part of a legal strategy that might help Hamm avoid the largest divorce award in U.S. history.

Sep 24, 2014 11:07 AM EDT


High-profile Chinese official confesses to graft

The former deputy head of China's top planning agency confessed in court on Wednesday to extensive bribery involving several companies including a Toyota Motor Corp. joint venture, the court said.

Sep 24, 2014 11:03 AM EDT


U.S. hospitals unprepared to handle Ebola waste

U.S. hospitals may be unprepared to safely dispose of the infectious waste generated by any Ebola virus disease patient to arrive unannounced in the country, potentially putting the wider community at risk, biosafety experts said.

Sep 24, 2014 10:58 AM EDT


U.S. conducts five more airstrikes in Syria, Iraq against Islamic State

The United States military on Wednesday confirmed it had launched five more airstrikes targeting Islamic State in Syria and Iraq in the latest round of attacks on the militant group.

Sep 24, 2014 10:54 AM EDT


Bullard says Fed needs to make rate guidance more data dependent

The U.S. central bank needs to change the way it communicates its view on the future path of interest rates, a Federal Reserve official said on Tuesday, joining others inside the Fed who are calling for an overhaul of its policy statement.

Sep 23, 2014 11:54 AM EDT