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Global stocks gain; Europe's central bank promises support

The Associated Press  |  Posted  Sep 3rd - 7:41am

Stocks are moving steadily higher in the U.S. and Europe as markets regain their footing after a turbulent few weeks.

US trade deficit drops to $41.9 billion in July

Martin Crutsinger, Associated Press  |  Posted  Sep 3rd - 7:31am

The U.S. trade deficit fell in July to the lowest level in five months as exports posted a small gain while imports declined, reflecting a big drop in shipments of consumer goods such as cell phones.

The Latest: ECB's Draghi says inflation target must stand

The Associated Press  |  Posted  Sep 3rd - 7:22am

The latest on the European economy as the European Central Bank meets to discuss its monetary policy (all times local):

Iran deal will survive in Congress despite GOP opposition

Erica Werner, Associated Press  |  Posted  Sep 3rd - 6:50am

The Iran nuclear deal strongly backed by President Barack Obama and just as ardently opposed by the GOP is now on track to get through Congress.

Applications for US jobless aid rise to still-low 282,000

Josh Boak, Associated Press  |  Posted  Sep 3rd - 6:42am

More Americans applied for unemployment benefits last week, but applications remain at historically near low levels in a positive sign for the U.S. economy amid a broader global slowdown.

Leon Gorman, longtime LL Bean leader, dies at 80

David Sharp, Associated Press  |  Posted  Sep 3rd - 9:02am

Leon Gorman, a grandson of L.L. Bean who led a modernization of his family's outdoor clothing and gear retail business after the founder's death, died Thursday at his home in Yarmouth. He was 80.

Average US rate on 30-year mortgage rises to 3.89 percent

The Associated Press  |  Posted  Sep 3rd - 9:01am

Average long-term U.S. mortgage rates rose this week after a sharp drop the previous week, as global markets continued to whipsaw amid economic disruption in China and uncertainty over Federal Reserve interest-rate policy.

US services firms expand rapidly, lifted by strong sales

Christopher S. Rugaber, Associated Press  |  Posted  Sep 3rd - 9:01am

U.S. services companies expanded at a healthy pace in August, lifted by robust consumer spending resulting from steady job gains.

Students ask Education Department to discharge college debt

Anne Flaherty, Associated Press  |  Posted  Sep 3rd - 8:51am

Almost 12,000 students are asking the federal government to discharge their college loan debt, asserting that their school either closed or lied to them about job prospects, according to government data released Thursday.

Modigliani nude masterpiece could bring $100M at NYC auction

The Associated Press  |  Posted  Sep 3rd - 8:41am

A painting of a female nude by Amedeo Modigliani (ah-mah-DAY'-oh moh-deel-YAH'-nee) that caused a scandal nearly a century ago is going on the auction block for the first time.

Grain mixed, livestock mixed

The Associated Press  |  Posted  Sep 3rd - 8:41am

Grain futures were mixed in early trading Thursday on the Chicago Board of Trade.

General Mills selling Green Giant, Le Sueur for $765M

The Associated Press  |  Posted  Sep 3rd - 8:30am

General Mills is selling its Green Giant and Le Sueur vegetable businesses to B&G Foods Inc. for about $765 million in cash.

French farmers stage 1,000-strong tractor protest in Paris

Maggy Donaldson, Associated Press  |  Posted  Sep 3rd - 8:21am

More than 1,000 tractors — and a few cows — descended on Paris on Thursday in a boisterous protest by farmers who blocked highways to express their anger over falling prices for their goods and high taxes.

Excerpts from recent North Dakota editorials

The Associated Press  |  Posted  Sep 3rd - 8:01am

The Bismarck Tribune, Bismarck, Aug. 30, 2015

Regents expect to name next University of Iowa president

The Associated Press  |  Posted  Sep 3rd - 7:31am

Members of the University of Iowa's governing board are meeting to select the school's next president.

Inspectors: Poultry company doesn't properly report injuries

The Associated Press  |  Posted  Sep 3rd - 7:21am

Federal inspectors have accused poultry producer Allen Harim Foods of using a First Aid station at its Harbeson processing facility to avoid reporting worker injuries.

US trade deficit drops to $41.9 billion in July, smallest in 5 months, as exports advance

The Associated Press  |  Posted  Sep 3rd - 6:40am

US trade deficit drops to $41.9 billion in July, smallest in 5 months, as exports advance.

Lost Australian sheep yields 30 sweaters worth of fleece

Rod McGuirk, Associated Press  |  Posted  Sep 3rd - 5:42am

A lost, overgrown sheep found in Australian scrubland was shorn for perhaps the first time on Thursday, yielding 40 kilograms (89 pounds) of wool — the equivalent of 30 sweaters — and shedding almost half his body weight.

Afghanistan hosts regional economic forum

The Associated Press  |  Posted  Sep 3rd - 4:41am

Officials from more than 30 nations and 40 international organizations gathered in the Afghan capital Thursday for a regional economic conference to explore ways of rebuilding the country after more than 40 years of war.

Avicii cancels rest of 2015 shows at Wynn Las Vegas clubs

The Associated Press  |  Posted  Sep 3rd - 4:20am

Wynn Las Vegas says its resident DJ Avicii (ah-VEE-chee) is cancelling the remainder of his shows at XS and Encore Beach Club this year to take a break.