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Puerto Rico releases fresh data, says crisis is more dire

The Associated Press  |  Posted  Jan 17th - 10:40am

The office of Puerto Rico's new governor says new economic data shows the island's economic crisis is even worse than previously believed.

The Latest: Top Senate Democrat has concerns about DeVos

The Associated Press  |  Posted  Jan 17th - 10:40am

The Latest on Congress (all times EST):

US stock indexes dip, along with bond yields and dollar

Stan Choe, Associated Press  |  Posted  Jan 17th - 10:32am

Losses for financial and health care stocks pulled U.S. indexes modestly lower Tuesday and put the Dow Jones industrial average at risk for its third straight loss.

Trump's first home up for auction for 2nd time in 3 months

The Associated Press  |  Posted  Jan 17th - 10:31am

The first property ever connected to President-elect Donald Trump has become a hot spot for real estate deal-making.

Vilsack takes job with dairy industry after leaving USDA

Mary Clare Jalonick, Associated Press  |  Posted  Jan 17th - 10:11am

Former Agriculture Secretary Tom Vilsack is taking a job at the U.S. Dairy Export Council.

Patricia Cornwell settles lawsuit against financial advisers

The Associated Press  |  Posted  Jan 17th - 10:04am

Patricia Cornwell has settled a lawsuit against her former business managers, avoiding a second trial for a case that dates to 2009.

Markets Right Now: US stocks move slightly lower

The Associated Press  |  Posted  Jan 17th - 10:01am

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

Interior nominee Zinke urges array of uses for federal lands

Matthew Daly, Associated Press  |  Posted  Jan 17th - 10:01am

President-elect Donald Trump's choice for interior secretary says the nation's vast federal lands should be used for a variety of purposes, from hiking, hunting, fishing and camping to harvesting timber and mining for coal and other energy sources.

Israel's Netanyahu mired in series of corruption allegations

Aron Heller, Associated Press  |  Posted  Jan 17th - 9:53am

Israel's Benjamin Netanyahu might be upbeat these days: The economy is growing, his opposition is weak and the incoming Trump administration seems friendly, even to the much-maligned Jewish settlements in the West Bank. Instead, the long-serving leader is mired in a series of eye-popping corruption investigations in a country that has already jailed a prime minister and president.

GM to add or keep 7,000 US jobs, make $1B factory investment

Tom Krisher, Associated Press  |  Posted  Jan 17th - 9:50am

General Motors plans to invest $1 billion in U.S. factories and add thousands of new white-collar jobs, measures that have been in the works for years but were announced Tuesday after criticism from President-elect Donald Trump.

Supreme Court delays New Jersey sports betting decision

David Porter, Associated Press  |  Posted  Jan 17th - 9:50am

Supporters of legalized sports gambling in New Jersey and several other states were dealt a no-decision of sorts Tuesday when the U.S. Supreme Court delayed a ruling on whether it will take up the states' challenge to a federal ban.

Wal-Mart to add about 10,000 retail jobs in the US

Michelle Chapman and Anne D'Innocenzio, Associated Press  |  Posted  Jan 17th - 9:40am

Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations. The world's biggest retailer said Tuesday that its plans will also generate about 24,000 construction jobs.

The Latest: Kerry says US diplomatic deals hard to reverse

The Associated Press  |  Posted  Jan 17th - 9:20am

The Latest on the World Economic Forum in Davos, Switzerland (all times local):

Grain higher, livestock higher

The Associated Press  |  Posted  Jan 17th - 9:11am

Grain futures were higher Monday in early trading on the Chicago Board of Trade.

Grain higher, livestock higher

The Associated Press  |  Posted  Jan 17th - 9:10am

Grain futures were higher Monday in early trading on the Chicago Board of Trade.

Greece favors IMF withdrawal from rescue loan program

The Associated Press  |  Posted  Jan 17th - 9:01am

Greece's left-led government said Tuesday it would welcome a decision by the International Monetary Fund to pull out of the country's bailout program, which is bogged down in disagreements on further spending cuts.

Tiffany feels the Trump effect on 5th Avenue

The Associated Press  |  Posted  Jan 17th - 8:52am

Security barricades, protesters and a perpetual media encampment in and around Trump Tower since the election tarnished sales at Tiffany, the posh jeweler whose flagship store is just steps from the president-elect's front door.

Tobacco giant to emerge from $49 billion deal

Danica Kirka, Associated Press  |  Posted  Jan 17th - 8:32am

British American Tobacco will take over Reynolds American Inc. to create the world's largest publicly traded tobacco company that would seek to capitalize on growing demand for electronic cigarettes in the U.S. and traditional ones in developing countries.

Morgan Stanley beats profit forecasts, helped by trading

Ken Sweet, Associated Press  |  Posted  Jan 17th - 8:30am

Investment bank Morgan Stanley said its fourth-quarter profits jumped 83 percent from a year earlier, helped by strong results in its stock and bond trading business.