Global stocks fell on Thursday as investors worried about the health of the global economy given the Federal Reserve’s cautious stance about raising its interest rates. Financial markets were closed for holidays in China, Hong Kong and Taiwan. KEEPING SCORE: In Europe, Britain’s FTSE 100 slid 0.9 percent at 6,248 and Germany’s DAX fell 1.2 […]
Secret payoffs linked to Trump U. probe
There have been strong words by prosecutors around the country about the credibility of Trump University, which is facing an investigation into alleged fraud. But recent revelations have called into question the credibility of these accusations — and the actions of the politicians behind them. The Associated Press reported Monday that Florida Attorney General Pam Bondi […]
Trump: I made money off Gadhafi
Donald Trump says he made “a lot of money” in a deal years ago with Moammar Gadhafi, despite suggesting at the time he had no idea the former Libyan dictator was involved in renting his suburban New York estate. “Don’t forget, I’m the only one. I made a lot of money with Gaddafi, if you […]
Revealed! Clinton gave ZERO to veterans’ charities
After months of being on the defensive, Hillary Clinton thought she had found the perfect way to break Donald Trump’s connection with the voters: accuse him of lying about his multi-million dollar donation to veterans’ charities. She went all out this week, hiring more than a dozen veterans to protest outside Trump Tower and demanding […]
Busted! Winning lotto ticket bought with stolen money
A couple who helped steal more than $175,000 from a grocery store where they worked used that money to buy a winning $1 million lottery ticket from the same store, state police said. Joan Lechleitner, 51, and her fiance, Kerry Titus, 54, both of Pottsville, were charged Tuesday along with two other former employees with […]
Cash or credit? Consumer spending surges
Consumer spending surged in April by the largest amount in more than six years, led by a big jump in purchases of autos and other durable goods. The Commerce Department says consumer spending increased 1 percent last month after a flat reading in March. Incomes rose a solid 0.4 percent, matching the March gain. Wages […]
Poll: 4 out of 10 opt to take Social Security early
Taking Social Security benefits early comes with a price, yet more than 4 in 10 Americans who are 50 and over say they’ll dip into the program before reaching full retirement age. An Associated Press-NORC Center for Public Affairs Research poll released Thursday found that 44 percent report Social Security will be their biggest source […]
See who the highest earning CEO in your state is
Here are the top-paid CEOs by state for 2015, as calculated by The Associated Press and Equilar, an executive data firm. The survey considered public companies with at least $1 billion in revenue that filed proxy statements with federal regulators on or before April 30, 2016. It includes CEOs who were newly hired, who often […]
Exxon rejects climate-change resolutions
Shareholders at Exxon’s annual meeting rejected several resolutions backed by environmentalists that would have pushed the company to take a stronger stand in favor of steps to limit climate change. CEO Rex Tillerson said the company was balancing its responsibility to produce more energy to meet growing demand with environmental considerations. Over the board’s opposition, […]
Capitalism is next? Cuba to allow private businesses
Cuba announced Tuesday that it will legalize small- and medium-sized private businesses in a move that could significantly expand private enterprise in one of the world’s last communist countries. Cuban business owners and economic experts said they were hopeful the reform would allow private firms to import wholesale supplies and export products to other countries […]
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