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Rates on US Treasury bills rise at weekly auction

The Associated Press  |  Posted  Aug 29th - 3:10pm

Interest rates on short-term Treasury bills rose in Monday's auction, with rates on six-month bills climbing to their highest level since March.

UPDATED

Clinton could face mounting problem with health overhaul

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Aug 29th - 3:02pm

With the hourglass running out for his administration, President Barack Obama's health care law is struggling in many parts of the country. Double-digit premium increases and exits by big-name insurers have caused some to wonder whether "Obamacare" will go down as a failed experiment.

The Latest: Brazil's Rousseff holds back anger at question

The Associated Press  |  Posted  Aug 29th - 2:52pm

The Latest on the impeachment trial of Brazilian President Dilma Rousseff (all times local):

Herbalife, Wells Fargo gain; Caesars Entertainment sinks

The Associated Press  |  Posted  Aug 29th - 2:51pm

Stocks that moved substantially or traded heavily on Monday:

Takata troubles worsen as truck explodes, kills Texas woman

Tom Krisher, Associated Press  |  Posted  Aug 29th - 2:51pm

Air bag maker Takata Corp.'s troubles worsened Monday as the company confirmed that a truck carrying its inflators and a volatile chemical exploded last week in a Texas border town, killing a woman and injuring four others.

Judge: Citizens United must disclose donor information to NY

The Associated Press  |  Posted  Aug 29th - 2:41pm

A judge says a nonprofit conservative organization advocating for less government must reveal information about major donors to New York's attorney general if it wants to solicit money in the state.

Banks lead gains on Wall Street on hopes for higher rates

Seth Sutel, Associated Press  |  Posted  Aug 29th - 2:31pm

Banks led the stock market higher Monday as investors anticipate that the Federal Reserve could raise interest rates this year from their historically low levels. That could help banks recover from a long slump by making lending more profitable.

McConnell: Federal health care overhaul is 'crashing'

Bruce Schreiner, Associated Press  |  Posted  Aug 29th - 2:31pm

U.S. Senate Majority Leader Mitch McConnell predicted Monday that the federal health care overhaul championed by President Barack Obama is likely to undergo changes next year, regardless of who wins the White House and which party has the upper hand in Congress.

The Latest: Plane on tour when it crashed in Louisiana

The Associated Press  |  Posted  Aug 29th - 2:30pm

The Latest on the investigation into Friday night's crash of an airplane into Lake Pontchartrain at New Orleans (all times local):

Markets Right Now: Banks lead US stocks higher on rate hopes

The Associated Press  |  Posted  Aug 29th - 2:20pm

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

Over 40 pct. of VW owners seek emissions cheating settlement

The Associated Press  |  Posted  Aug 29th - 2:13pm

About 210,000 owners of Volkswagens with 2-liter diesel engines that cheat on emissions tests have registered to settle with the company under the terms of a June court agreement.

GOP senator, son of Jon Huntsman, join Equality Utah board

The Associated Press  |  Posted  Aug 29th - 2:10pm

A state Republican lawmaker and a son of Utah billionaire Jon Huntsman Sr. were named Monday as some of the newest board members of LGBTQ-rights group Equality Utah.

In Brazil Senate, Rousseff proclaims innocence, blasts VP

Mauricio Savarese and Peter Prengaman, Associated Press  |  Posted  Aug 29th - 2:10pm

Brazilian President Dilma Rousseff proclaimed her innocence on Monday, branding her vice president a "usurper" and warning senators that history would judge them harshly if they ousted a democratically elected leader on false charges.

Wyoming seeks to block judge's order on air ambulance fees

Ben Neary, Associated Press  |  Posted  Aug 29th - 2:01pm

The state of Wyoming is scrambling to try to block a federal judge's ruling that the state may not regulate how much air ambulance companies charge for transporting workers who are injured on the job.

Grain lower, livestock mixed

The Associated Press  |  Posted  Aug 29th - 1:41pm

Grain futures were lower Monday on the Chicago Board of Trade.

Grain lower, livestock mixed

The Associated Press  |  Posted  Aug 29th - 1:41pm

Grain futures were lower Monday on the Chicago Board of Trade.

Grain lower, livestock mixed

The Associated Press  |  Posted  Aug 29th - 1:41pm

Grain futures were lower Monday on the Chicago Board of Trade.

Clinton proposes plan to address mental health treatment

Ken Thomas, Associated Press  |  Posted  Aug 29th - 1:20pm

Hillary Clinton rolled out a comprehensive plan to address millions of Americans coping with mental illness, pointing to the need to fully integrate mental health services into the nation's health care system.

Ex-Chicago official gets 10 years in red-light camera case

The Associated Press  |  Posted  Aug 29th - 1:01pm

A former Chicago transportation official was sentenced Monday to 10 years in prison for taking bribes to steer $100 million in red-light camera contracts to a company in Phoenix.

Apple expected to show new iPhone at event next week

Brandon Bailey, Associated Press  |  Posted  Aug 29th - 12:41pm

Apple is expected to show off a new iPhone next week when the company holds its fall product launch event in San Francisco.