WASHINGTON (AP) - The federal government on Thursday reported a rare surplus of $116.5 billion in June, the largest for a single month in five years. The gain kept the nation on track for its lowest annual deficit in five years.
WASHINGTON (AP) - The average U.S. rate on the 30-year fixed mortgage rose this week to 4.51 percent, a two-year high. Rates have been rising on expectations that the Federal Reserve will slow its bond purchases this year.
NEW YORK (AP) - Apple Inc. milked the popularity of its iTunes store to form an illegal cartel with publishers to raise electronic book prices, a federal judge ruled Wednesday, citing "compelling evidence" from the words of the late Steve Jobs.
NEW YORK (AP) - Ever worry about buying a new phone, only to see a better one come out just two weeks later? Phone companies normally make you wait two years before upgrading to a new device. T-Mobile will now let you upgrade twice a year for just $10 a month.
NEW YORK (AP) - Barnes & Noble Inc. said Monday that William Lynch has stepped down as CEO, effective immediately, as the book retailer continues to struggle with weak sales, big losses and the declining popularity of its Nook e-readers.
SAN FRANCISCO (AP) - Two San Francisco federal judges say juries will have to decide whether drivers for Uber and Lyft were independent contractors, or employees of the ride-hailing companies with all of the protections and benefits the state affords regular workers.
SANTA CLARA (AP) - Intel's stock fell Thursday after the giant chipmaker lowered its first-quarter revenue forecast, citing weak demand for business desktop PCs and a strong dollar that affects revenue from overseas sales.
WASHINGTON (AP) - Fake IRS agents have targeted more than 366,000 people with harassing phone calls demanding payments and threatening jail in the largest scam of its kind in the history of the agency, a federal investigator said Thursday.
WASHINGTON (AP) - The Food and Drug Administration is keeping a bold-letter warning on Pfizer's anti-smoking drug Chantix about suicidal behavior and other psychiatric side effects, after reviewing company findings suggesting the drug does not increase those problems.