NEW YORK (AP) — Encouraging news about the U.S. economy extended the stock market’s rally Friday. A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily recovering.
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Federal Reserve Chairman Ben Bernanke said Saturday that pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.
HOUSTON (AP) — Texas on Friday became the fifth state to sue British oil company BP over the 2010 Deepwater Horizon oil spill, seeking damages related to the worst offshore oil spill in U.S. history.
Attention, bargain-hunters around the world: Japanese goods — from cars to televisions — are going on sale. Credit Japan’s drive to pump cash into its economy to stimulate growth. The extra money is helping shrink the value of the yen.
Federal regulators are ordering the Bank of Montreal to take steps to correct lapses in oversight that could allow the bank to be used for money laundering.
The organic food industry is gaining clout on Capitol Hill, prompted by rising consumer demand and its entry into traditional farm states. But that isn’t going over well with everyone in Congress.
A measure of the U.S. economy’s future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market.
The new owner of Monaco RV plans to shut down a 520-worker northern Indiana factory and shift its production work to another Indiana plant.
Illinois’ unemployment rate improved slightly in April, dipping to 9.3 percent compared to 9.5 percent in March. Even so, Illinois’ unemployment rate remains well above the national average of 7.5 percent.
Loyalty programs at supermarkets used to be as simple as getting access to the cheaper advertised prices on store shelves. Today, companies are using shoppers’ purchasing histories to offer more personalized deals.
Canada’s prime minister says a controversial oil pipeline from his country to the U.S. Gulf Coast “absolutely needs to go ahead” and warns that the oil will be transported through one way or the other.
Ticketmaster has agreed to settle claims for up to $23 million over a lawsuit affecting more than a million people who, after buying a ticket online, were enrolled in a rewards program that cost $9 a month but never gave them any benefits.
INDIANAPOLIS (AP) — The operators of Indiana’s largest wind farm are proposing changing the nighttime operations of the farm’s 300-plus wind turbines to protect endangered Indiana bats from being killed by the turbines’ spinning blades. Two of the mouse-sized federally protected species have been found …
American Airlines said Thursday people carrying just a personal item that fits under the seat — no rolling suitcase — will be allowed to board before most other passengers.
Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group. Several popular models fared poorly.
U.S. builders broke ground on far fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But applications for new construction reached a five-year peak, evidence that the housing revival will be sustained.