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U.S. and European sanctions against Russia's energy and finance sectors are strong enough to cause deep, long-lasting damage within months unless Moscow persuades the West to repeal them by withdrawing support for Ukrainian insurgents.
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A look at the EU's new sanctions against Russia

Juergen Baetz, Associated Press  |  posted 20 minutes ago
The European Union's sanctions against Russia are bound to inflict pain on the country's ailing economy. While still narrowly targeted, they come as a warning shot to convince Moscow to change its Ukraine policies or face even tougher penalties.
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Terror threats at chemical plants underestimated

Hope Yen, Associated Press  |  posted 20 minutes ago
The government is underestimating the threat of a chemical attack on America's densely populated cities and has failed to inspect virtually all of the chemical facilities that it considers particularly vulnerable to terrorists, congressional investigators say.
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Obama chides House GOP for pursuing lawsuit

Nedra Pickler, Associated Press  |  posted 39 minutes ago
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 Jul 30th - 10:20am
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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Ex-IRS official called conservatives 'crazies'

Stephen Ohlemacher, Associated Press  |  posted 20 minutes ago
A former IRS official at the heart of the agency's tea party controversy called conservative Republicans "crazies" and more in emails released Wednesday.
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Processing issue delays bar exam submissions

Terry Wallace, Associated Press  |  posted 20 minutes ago
Law school graduates taking the bar exam in multiple states experienced delays when they tried to submit their answers on the test's first day. The Florida-based testing software provider blamed a processing issue and said it had been fixed as of Wednesday morning.
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Yemen ends fuel subsidies, nearly doubling prices

Ahmed Al-Haj, Associated Press  |  posted 28 minutes ago
Fuel prices in Yemen nearly doubled Wednesday as the government ended a fuel subsidy program costing billions of dollars, sparking scattered demonstrations that saw one person killed as authorities quickly dispersed protesters, security officials said.
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Former IRS official called GOP 'crazies' in email

Stephen Ohlemacher, Associated Press  |  posted 39 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 40 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 40 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 58 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 Jul 30th - 10:21am
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 Jul 30th - 10:21am
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 Jul 30th - 10:11am
Southcentral Foundation has announced it will build a new three-story, $28 million building in Anchorage.
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