Business News

AP News - 8 minutes ago

PARIS (AP) — France's economy minister is blaming European authorities for the lack of growth in France and Europe, and says it's time for a new economic policy that shuns austerity measures.Arnaud Montebourg, in a closely watched speech Thursda ...more

AP News - 1 hour ago

CHICAGO (AP) — Grain futures were mixed Thursday in early trading on the Chicago Board of Trade.Wheat for Sept delivery was unchanged at $5.5125 a bushel; Sept corn was 3 cents lower at $3.8825 a bushel; Dec oats were unchanged at $3.2975 a bush ...more

AP News - 1 hour ago

WASHINGTON (AP) — Average U.S. rates on fixed mortgages edged up slightly this week, remaining near historically low levels.Mortgage buyer Freddie Mac said Thursday that the nationwide average rate for a 30-year loan rose to 4.15 percent from 4. ...more

AP News - 1 hour ago

WASHINGTON (AP) — U.S. wholesale stockpiles rose in May at the weakest pace in five months as companies kept their supplies in line with slower sales.Wholesale stockpiles grew 0.5 percent in May, the Commerce Department said Thursday, down from ...more

AP News - 2 hours ago

BAGHDAD (AP) — Prime Minister Nouri al-Maliki's already testy relationship with Iraq's Kurdish minority further frayed Thursday, as the Kurds declared their politicians will boycott Cabinet meetings and authorities in Baghdad suspended all cargo flight ...more

AP News - 2 hours ago

LONDON (AP) — The failure of the main U.S. indexes to break through key thresholds and financial jitters in Europe weighed on markets Thursday as investors grew skeptical over the near-term outlook for stocks.On Wednesday, stocks, particularly i ...more

AP News - 2 hours ago

WASHINGTON (AP) — Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.Weekly applications for unemployment aid dropped 11,000 to a seasonally adjusted 304,000, the ...more

AP News - 3 hours ago

WASHINGTON (AP) — Applications for US unemployment benefits fall to 304,000, close to a 7-year low. ...more

AP News - 4 hours ago

LONDON (AP) — More "headline-grabbing" acquisitions are likely over the coming year as businesses take advantage of a period of improving economic growth and cheap financing.That's the conclusion of business consulting firm EY, which says the va ...more

AP News - 5 hours ago

LONDON (AP) — The Bank of England has kept interest rates steady at a record low of 0.5 percent and refrained from pumping more money into the economy even as the recovery gathers strength.Thursday's decision was widely expected, even after Bank ...more