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US consumer confidence rebounds

Martin Crutsinger, Associated Press  |  Posted   Jul 25th - 9:11am

U.S. consumers gained confidence this month, with more Americans pleased by current conditions and more hopeful about the future.

Ask Brianna: Should I borrow money from family and friends?

Brianna McGurran., Associated Press  |  Posted   Jul 25th - 9:08am

all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to askbrianna@nerdwallet.com.

Investor urges Barnes & Noble to seek a sale, shares jump

The Associated Press  |  Posted   Jul 25th - 9:08am

An activist investor has bought a "meaningful" stake in Barnes & Noble Inc. and is urging the bookseller to sell itself.

UPDATED

US home prices reach record high for 6th straight month

Christopher S. Rugaber, Associated Press  |  Posted   Jul 25th - 9:02am

U.S. home prices reached a new high in May for the sixth straight month, which may raise fears of another housing bubble roughly a decade after a previous one burst.

21 sent to hospital after farm workers' bus, truck collide

The Associated Press  |  Posted   Jul 25th - 8:52am

A bus carrying tobacco farm workers has collided head-in with a pickup truck in Connecticut, sending 21 people to the hospital for evaluations.

GM 2Q net earnings fall on loss from sale of European unit

Tom Krisher, Associated Press  |  Posted   Jul 25th - 8:41am

General Motors' second-quarter net profit fell more than 40 percent as the carmaker lost money on the sale of its European unit and took charges for restructuring in India and selling its business in South Africa.

Nielsen to count viewers for Hulu, YouTube live TV services

The Associated Press  |  Posted   Jul 25th - 8:41am

Nielsen will begin to tabulate how many people get their live TV from Hulu and YouTube, giving media companies and advertisers a better idea of how many people now stream broadcast networks rather than watching them on traditional TV.

With Jimmy Choo, Michael Kors finds shoes to match its bags

The Associated Press  |  Posted   Jul 25th - 8:41am

In a bid to burnish its brand image, American bag and accessories maker Michael Kors is buying luxury shoemaker Jimmy Choo in a deal worth $1.35 billion (896 million pounds).

$1 sodas help boost McDonald's sales in US

The Associated Press  |  Posted   Jul 25th - 8:01am

McDonald's says a promotion for $1 sodas and a new line of premium burgers helped boost sales in its flagship U.S. market.

Markets Right Now: Stocks open higher on Wall Street.

The Associated Press  |  Posted   Jul 25th - 7:44am

The latest on developments in financial markets (All times local):

Sri Lanka Cabinet approves long-delayed port deal with China

Bharatha Mallawarachi, Associated Press  |  Posted   Jul 25th - 7:36am

Sri Lanka's government approved a long-delayed agreement to sell a 70 percent stake in a $1.2 billion Chinese-built port to China on Tuesday, months after signing an initial framework agreement which drew public criticism and protests.

UK Brexit minister: progress made in talks on citizen rights

Karel Janicek, Associated Press  |  Posted   Jul 25th - 7:31am

Britain's Brexit minister said Tuesday that progress has been made in talks with the European Union on the rights of citizens living in each other's nations once the country leaves the bloc.

Wisconsin retail tech company offers to microchip its staff

The Associated Press  |  Posted   Jul 25th - 7:29am

A Wisconsin company is offering to microchip its employees, enabling them to open doors, log onto their computers and purchase break room snacks with a simple swipe of the hand.

Stronger demand boosts Caterpillar, 2017 outlook raised

The Associated Press  |  Posted   Jul 25th - 6:18am

Caterpillar recorded a very strong second quarter with demand beginning to the rise after the company cut costs vigorously.

Global stocks mostly higher amid earnings reports

Elaine Kurtenbach, Associated Press  |  Posted   Jul 25th - 6:10am

Stock markets turned higher on Tuesday as investors monitored a slew of corporate earnings reports. A meeting of the Federal Reserve and caution over potential twists and turns in U.S. politics kept most indexes trading within a narrow range.

Florida teen jumps into murky canal, pulls man to safety

The Associated Press  |  Posted   Jul 25th - 5:50am

When a 19-year-old auto parts employee heard screams coming from a nearby canal, he stripped to his boxers, jumped into the water and pulled a 56-year-old man to safety.

EU, Egypt agree framework for cooperation in coming years

The Associated Press  |  Posted   Jul 25th - 5:14am

The European Union and Egypt have pledged to work together to develop the country's economy, promote stability, counter extremism and manage migrant flows.

Small plane with WWII Nazi design lands on Georgia highway

The Associated Press  |  Posted   Jul 25th - 5:08am

A small airplane designed to look like a Nazi Germany-era warplane landed safely on a Georgia highway.

Putin spokesman: No Kremlin order for Kushner-Gorkov talks

The Associated Press  |  Posted   Jul 25th - 4:59am

A spokesman for Russian President Vladimir Putin says a meeting between Donald Trump's son-in-law and the chairman of a Russian bank did not occur on Kremlin orders.