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Archive By Section - Nationwide


Retailers, Costco report strong gains for June

NEW YORK (AP) - June sales heated up for stores, in a sign that Americans likely will continue to spend during the important back-to-school shopping season.

July 11, 2013 | | Nationwide


US reports rare $1.6B surplus

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.

July 11, 2013 | | Nationwide


Rate on 30-year mortgage hits 4.51%

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.

July 11, 2013 | | Nationwide


For Amazon, another role

SEATTLE (AP) - Online retailer Amazon.com Inc. will start publishing more original comics through its new imprint, Jet City Comics.

July 11, 2013 | | Nationwide


Unemployment benefit inqueries rise to 360K

WASHINGTON (AP) - The number of people applying for U.S. unemployment benefits rose 16,000 last week to a seasonally adjusted 360,000, although the level remains consistent with steady hiring.

July 11, 2013 | | Nationwide


Microsoft reboots with sweeping reorganization

SAN FRANCISCO (AP) - Microsoft Corp. has decided its entire business needs a new operating system.

July 11, 2013 | | Nationwide


Oil prices rise on signs of US demand

NEW YORK (AP) - The price of oil has shot up $11 a barrel in two weeks on rising demand in the U.S. and political upheaval in the Middle East. Gas prices are about to follow.

July 10, 2013 | | Nationwide


Stocks unfazed by Reserve’s minutes

NEW YORK (AP) - The stock market turned quiet Wednesday and just managed to notch a fifth straight day of gains.

July 10, 2013 | | Nationwide


Judge: Apple, late Jobs conspired to raise prices

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.

July 10, 2013 | | Nationwide


T-Mobile to allow frequent upgrades

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.

July 10, 2013 | | Nationwide


Barnes & Noble CEO Lynch resigns

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.

July 08, 2013 | | Nationwide


Stocks rise as earnings kick off

NEW YORK (AP) - Cautious optimism about corporate earnings sent the stock market higher Monday.

July 08, 2013 | | Nationwide


Regulators want stricter rules for ‘Big 8’ banks

WASHINGTON (AP) - Regulators want to require eight of the largest U.S. banks to meet a stricter measure of health to reduce the threat they pose to the financial system.

July 08, 2013 | | Nationwide


Bill would introduce millions more immigrants

WASHINGTON (AP) - Landmark immigration legislation passed by the Senate would remake America's workforce from the highest rungs to the lowest and bring many more immigrants into the economy, from elite technology companies to restaurant kitchens and rural fields.

July 08, 2013 | | Nationwide


Benefit suspension versus withdrawal

Q: I retired and filed for my Social Security benefits when I was 62 years old. I am now a couple months away from my 63rd birthday, and I've decided I can't live on my Social Security check. So I plan to go back to work full-time. I called Social Security and told them I wanted to withdraw my retirement claim. They sent me a form to sign, but told me I would have to repay all the benefits I've received in the last 10 months. This will be a hardship for me. But I don't ...

July 05, 2013 | | Nationwide


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Articles by Section - Nationwide


GameStop hires 25,000 seasonal workers, up 47%

GRAPEVINE, Texas (AP) - Gamers rejoice: GameStop is almost doubling its number of seasonal workers this holiday season as it prepares to deal with strong demand for new video games and the new iPhone.

September 26, 2014 | | Nationwide


DirecTV shareholders OK $48.5B sale

NEW YORK (AP) - AT&T's proposed $48.5 billion acquisition of DirecTV is moving forward as shareholders of the country's largest satellite TV broadcaster approved the deal. But it still needs regulatory approval.

September 26, 2014 | | Nationwide


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