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Political landscape changes with improving economy, but scandals offer room for new attacks

Alleged misbehavior by the Internal Revenue Service and other federal agencies gives the GOP something else to talk about and investigate as the economy clearly, if slowly, recovers on President... Read more »

Published 3 minutes ago

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US durable goods orders rise 3.3 percent in April

U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this... Read more »

Published yesterday

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Stocks barely budge; market ends week with loss

Major stock indexes closed out their first weekly loss in a month in quiet trading Friday. Read more »

Published yesterday

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Birth control coverage up for federal appeal

In the most prominent challenge of its kind, Hobby Lobby Stores Inc. asked a federal appeals court Thursday for an exemption from part of the federal health care law that requires it to offer... Read more »

Published yesterday

9 comments

Applications for US unemployment aid fall to 340K

The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth. Read more »

Published May 23, 2013

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The Mortgage Professor: Escrow can raise costs, but add simplicity

Jones pay more for his mortgage than Smith? One possible reason is that they borrowed at different times, when market conditions were different. Right now, the market is very favorable, but... Read more »

Published May 23, 2013

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US rate on 30-year mortgages rises to 3.59 pct.

Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help... Read more »

Published May 23, 2013

1 comment

US unemployment aid applications fall to 340K

The number of Americans applying for unemployment benefits fell by 23,000 last week, further evidence that the job market is slowly returning to health. Read more »

Published May 23, 2013

7 comments

Obama threatens veto of Republican student loan plan

President Barack Obama is threatening to veto House Republicans' student loan bill. Read more »

Published May 22, 2013

7 comments

The new consoles from Microsoft, Nintendo and Sony

Microsoft is the last of the three big video game console makers to unveil its latest gaming system. The unveiling comes nearly eight years after the Xbox 360 went on sale. It follows last fall's... Read more »

Published May 22, 2013

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Target's 1Q profit drops 29 pct on weak sales

Target Corp. reported a 29 percent drop in first-quarter profit as unusually cool spring weather and financial pressures chilled customers' appetite for spending. Read more »

Published May 22, 2013

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Stocks rise on Fed stimulus hopes, home sales

Stocks are moving higher Wednesday after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its economic stimulus programs. Read more »

Published May 22, 2013

1 comment

US auto factories cutting back on summer downtime

The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks. Read more »

Published May 22, 2013

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Bernanke signals Fed to maintain stimulus efforts

Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs. Read more »

Published May 22, 2013

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Target's 1Q profit drops 26 pct on weak sales

Target Corp. reported a 26 percent drop in first-quarter profit as cool temperatures and financial pressures limited customers' appetite for spending. Read more »

Published May 22, 2013

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Complaint accuses Exxon Mobil of anti-gay bias

NEW YORK — One after another, major U.S. corporations have updated anti-discrimination policies to protect gay, lesbian and transgender workers, drawing plaudits from gay-rights groups.... Read more »

Published May 22, 2013

3 comments

ESPN cutting workforce, 'smartly managing costs'

ESPN is cutting its workforce, the latest Disney division to reduce staff. ESPN has about 7,000 employees worldwide, with about 4,000 at its headquarters in Bristol, Conn. Read more »

Published May 21, 2013

1 comment

Obama opposes GOP bill on Keystone XL oil pipeline

The White House says President Barack Obama opposes a House bill that would speed approval of the proposed Keystone XL oil pipeline from Canada to Texas. Read more »

Published May 21, 2013

11 comments

Apple's Cook to face Senate questions on taxes

The Senate dragged massively profitable Apple Inc. into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions... Read more »

Published May 21, 2013

6 comments

Microsoft touts Xbox One as all-in-1 entertainment

Microsoft revealed the Xbox One, its next-generation entertainment console, during a presentation Tuesday at its headquarters in Redmond, Wash. Read more »

Published May 21, 2013

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Poll: Teens migrating from Facebook to Twitter

A new poll finds that teens are sharing more about themselves on social media. They're also moving increasingly to Twitter to avoid their parents and the "oversharing" that they see on Facebook. Read more »

Published May 21, 2013

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Should we let wunderkinds drop out of high school?

Thomas Sohmers, 17, of Hudson, Mass., has been working at a research lab at the Massachusetts Institute of Technology since he was 13, developing projects ranging from augmented reality eyewear to... Read more »

Published May 21, 2013

13 comments

Does France have right plan to revive its economy?

The man charged with reviving France's shrinking economy and attracting businesses to invest there is gaining a reputation for doing the opposite. Read more »

Published May 21, 2013

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Panel: Apple uses firms outside US to avoid taxes

Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. Read more »

Published May 20, 2013

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Tumblr CEO's mom gushes over billion-dollar baby

As a teenager, Tumblr CEO David Karp would canvass the streets of New York City's Upper West Side, offering to build websites for local businesses. After his freshman year of high school, the... Read more »

Published May 20, 2013

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