Latest News

Glencore upbeat on outlook as commodity prices revive

The chief executive of Glencore says the Swiss mining and metals company is better positioned than ever after core profits rose 48 percent last year amid recovering commodity prices and cost cutting policies. The Baar, Switzerland-based company...

Read More

US average 30-year mortgage rate edges up to 4.16 percent

Long-term U.S. mortgage rates rose slightly this week, continuing a holding pattern that has prevailed this month. Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate loans edged up to 4.16 percent from 4.15 percent last week...

Read More

US stocks start mixed as energy companies bounce back

Major U.S. indexes are mixed early Thursday following modest losses the day before. Energy companies are making the biggest gains as the price of oil jumps and companies that pay big dividends are rising as bond yields slip. Technology and industrial...

Read More

Alan Colmes, liberal voice on Fox, dead at 66

Alan Colmes, the radio and television host and commentator best known as the amiable liberal foil to the hard-right Sean Hannity on the Fox News Channel, has died. Fox spokeswoman Dana Klinghoffer confirmed his death Thursday. Fox also aired...

Read More

Court sends ex-IMF chief to prison in credit card scandal

Spain's National Court has sentenced Rodrigo Rato, a former head of the International Monetary Fund, to 4 ½ years in prison for misusing a Spanish bank's corporate credit card. The court convicted Rato of unlawful misappropriation of funds...

Read More

Claims for US jobless benefits tick up, level still healthy

More Americans applied for unemployment benefits last week, but claims remained at a low level consistent with a healthy job market. THE NUMBERS: The Labor Department said Thursday that 244,000 Americans applied for jobless aid last week...

Read More

Low-cost Norwegian Air promises bargain flights to Europe

Low-cost carrier Norwegian Air Shuttle is promising cheap trans-Atlantic flights when it starts service to Europe this summer from Rhode Island, Connecticut and New York's Hudson Valley. Norwegian announced Thursday that it's opening new...

Read More

Hawaii bill would ban licenses for some foreign fishermen

Hawaii lawmakers are considering a proposal with the potential to cripple the state's commercial fishing industry after an Associated Press investigation found foreign fishermen confined to boats and living in subpar conditions. A 2016 AP...

Read More

Repsol closes 2016 with best net profit in 4 years

Spanish energy company Repsol has reported its best annual earnings in four years as it booked fewer impairment charges related to low oil and gas prices. Its net profit of 1.73 billion euros ($1.82 billion) compared with a loss of 1.4 billion...

Read More

Ivanka Trump visits center for minority-owned businesses

Ivanka Trump is learning more about economic policy as she takes on a more visible role in and around Washington. On Wednesday, the first daughter visited the Raymond V. Haysbert Center for Entrepreneurship at the Greater Baltimore Urban...

Read More