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President Barack Obama says the House GOP's vote to file a lawsuit against him is taking away from time they could be spending on issues that are important to the American people.
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An early rally fades on the US stock market

Matthew Craft, Associated Press  |  posted 34 minutes ago
U.S. stocks turned lower in midday trading, erasing an early gain. Trading was quiet as investors waited for a statement from the Federal Reserve later Wednesday.
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GOP-led House ready to OK lawsuit against Obama

Alan Fram, Associated Press  |  posted 4 minutes ago
Republicans said they were determined to make President Barack Obama heed the Constitution as they began muscling legislation through the House on Wednesday authorizing an election-year lawsuit asserting he has exceeded his executive powers.
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Former IRS official called GOP 'crazies' in email

Stephen Ohlemacher, Associated Press  |  posted 13 minutes ago
A former IRS official at the heart of the agency's tea party controversy called Republicans "crazies" and more in newly released emails.
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Lawyer sues GM on behalf of 658 plaintiffs

The Associated Press  |  posted 14 minutes ago
A Texas lawyer has filed a lawsuit against General Motors on behalf of 658 people who were injured or killed in crashes allegedly caused by faulty ignition switches.
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A more vigorous US economy appears to be emerging

Martin Crutsinger, Associated Press  |  posted 14 minutes ago
The U.S. economy has rebounded with vigor from a grim start to 2014 and should show renewed strength into next year.
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Argentina officials stage 11th-hour talks in NYC

The Associated Press  |  posted 33 minutes ago
Argentina's economy minister has resumed efforts to solve the South American nation's financial crisis without a default.
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STOCKS IN THE SPOTLIGHT

The Associated Press  |  posted 34 minutes ago
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.
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British Airways sued in pilot sex abuse allegation

Jason Straziuso, Associated Press  |  posted 34 minutes ago
A London law firm representing 16 girls in Kenya, Uganda and Tanzania said Wednesday it is initiating legal proceedings against British Airways over allegations that one of its pilots sexually abused the girls.
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Southcentral Foundation announces new building

The Associated Press  |  posted 44 minutes ago
Southcentral Foundation has announced it will build a new three-story, $28 million building in Anchorage.
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Dubai, European airlines divert flights over Iraq

The Associated Press  |  posted 54 minutes ago
European and Dubai-based airlines have begun rerouting flights over Iraqi airspace as a security precaution, though Iraq says its skies are safe.
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Fiat 2Q profits drop by 55 percent

Colleen Barry, Associated Press  |  posted Jul 30th - 9:50am
Italian carmaker Fiat SpA, which controls Chrysler, on Wednesday said second-quarter profits dropped by more than a half due to lower performance in North and Latin America.
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Churchill Downs, Saratoga close to management deal

The Associated Press  |  posted Jul 30th - 9:42am
Churchill Downs Inc. is finalizing a deal with the operators of the Saratoga Casino and Raceway to manage the upstate New York gambling facility and another in Colorado, the companies announced Wednesday.
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GOP blocks tax hike on firms moving overseas

Stephen Ohlemacher, Associated Press  |  posted Jul 30th - 9:41am
Republican senators blocked an election-year bill Wednesday to limit tax breaks for U.S. companies that move operations overseas.
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IMF says Cyprus will need more spending cuts

Menelaos Hadjicostis, Associated Press  |  posted Jul 30th - 9:40am
The International Monetary Fund said Wednesday that Cyprus will need to make additional spending cuts to meet a key target of its financial rescue program.
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