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US home price gains lift household wealth to $90.2 trillion

Christopher S. Rugaber, Associated Press  |  Posted  Dec 8th - 10:11am

A healthy increase in home values and higher stock prices drove up U.S. household wealth in the July-September quarter, though the gains are largely concentrated among wealthier Americans.

Woman described as Canada's Rosa Parks to appear on banknote

The Associated Press  |  Posted  Dec 8th - 10:11am

A black woman often described as Canada's Rosa Parks for her 1946 decision to sit in a whites-only section of a Nova Scotia movie theater will be the first Canadian woman to be celebrated on the face of a Canadian banknote.

Harry Reid bids farewell to Senate after 30 years

Erica Werner, Associated Press  |  Posted  Dec 8th - 10:11am

Minority Leader Harry Reid bid farewell to the Senate Thursday after 30 years in the chamber and more than a decade as top Democrat, a remarkable run during which he shepherded key Obama administration legislation including the sweeping health care law.

European Central Bank adds half a trillion euros in stimulus

David McHugh, Associated Press  |  Posted  Dec 8th - 10:11am

The European Central Bank will pour another half-trillion euros ($579 billion) in newly printed money into the eurozone economy to support its recovery as the currency union heads into what could be a tumultuous election year.

Pirates preying on Venezuelan fishermen as industry unravels

Hannah Dreier, Associated Press  |  Posted  Dec 8th - 10:10am

The pirates had killed Flaco Marval's brother and two cousins, and word was they were coming for the rest of the family.

Navy's futuristic-looking USS Zumwalt arriving in homeport

The Associated Press  |  Posted  Dec 8th - 10:03am

The Navy's most technologically advanced destroyer is arriving at its homeport after dealing with some glitches along the way.

Hudson Valley airport to offer low-cost Europe flights

The Associated Press  |  Posted  Dec 8th - 10:01am

An airline says it's going to offer the most affordable trans-Atlantic flights Americans have ever had when it starts service to Ireland out of Stewart Airport next year.

Record shop owner guilty in addict-fueled shoplifting ring

The Associated Press  |  Posted  Dec 8th - 10:00am

The owner of a since-shuttered Pittsburgh record store has pleaded guilty to using heroin addicts to shoplift books, videos, and other products that he then resold online.

Markets Right Now: Slight gains keep Dow, S&P 500 at records

The Associated Press  |  Posted  Dec 8th - 10:00am

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

Claims for US unemployment aid slide again

Paul Wiseman, Associated Press  |  Posted  Dec 8th - 9:52am

Fewer Americans signed up for unemployment benefits last week, another sign the U.S. job market remains healthy.

Parisians grapple with worst winter pollution in a decade

John Leicester, Associated Press  |  Posted  Dec 8th - 9:45am

Under deceptively blue skies, the marvels of Paris beckoned. But art dealer Sophie Vigourous wore a face mask to appreciate them because of the pollution.

Brexit dominates UK politics, from Supreme Court to Commons

Jill Lawless, Associated Press  |  Posted  Dec 8th - 9:42am

The drama of Britain's exit from the European Union was being acted out this week on two of London's grandest stages: the Supreme Court and the House of Commons chamber. The plot is gripping, but the ending is still a mystery.

Coca-Cola's new push: Pair Coke with lobster, paella, ramen

Candice Choi, Associated Press  |  Posted  Dec 8th - 9:42am

What beverage goes best with lobster rolls, a bagel sandwich stuffed with whitefish, or a bowl of ramen? Coke wants you to think of soda.

Britain's finance chief sees more trade with South Africa

The Associated Press  |  Posted  Dec 8th - 9:41am

The finance chief of Britain says he sees big opportunities to build on trade ties with South Africa, which is Britain's biggest export market in Africa.

Gains for banks and tech lead stocks to all-time highs

Marley Jay, Associated Press  |  Posted  Dec 8th - 9:41am

U.S. stocks edging higher in late morning trading Thursday, keeping major market indexes at record highs. Banks, technology and materials companies are leading the way higher. Defense contractors and other industrial companies are taking losses. Bond yields rose.

US 30-year average mortgage rate rises to 4.13 percent

The Associated Press  |  Posted  Dec 8th - 9:31am

Long-term U.S. mortgage rates climbed for the sixth straight week in the aftermath of Donald Trump's election win, marking new highs for the year.

Egypt's president says economic reforms are no 'picnic'

Maggie Michael, Associated Press  |  Posted  Dec 8th - 9:31am

Egypt's president on Thursday defended the tough economic measures undertaken by his government, saying there was no alternative in the face of a financial crisis.

Judge denies Aaron Schock's request to move case to Peoria

The Associated Press  |  Posted  Dec 8th - 9:30am

A federal judge in Illinois has refused to move Aaron Schock's corruption case from Springfield to Peoria at the former congressman's request.

Congress scrambles to finish defense, stopgap spending bills

Andrew Taylor and Richard Lardner, Associated Press  |  Posted  Dec 8th - 9:30am

In typical last-minute fashion, Congress scrambled Thursday to wrap-up unfinished business that includes a vote in the Senate on a sweeping defense policy bill and final action on a must-do spending measure to keep the government from shutting down at midnight Friday.

Energy company plans to close Michigan nuclear plant in 2018

The Associated Press  |  Posted  Dec 8th - 9:10am

An energy company announced plans Thursday to permanently close the Palisades nuclear power plant in southwestern Michigan in 2018, which could mean hundreds of job cuts for a major employer in the region if regulators approve the closure.