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Stocks are closing lower following two days of gains that brought the market close to a record high.
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Top NY lawmaker clings to power after corruption charges

David Klepper, Associated Press  |  posted 44 minutes ago
The leader of the New York state Senate is holding onto power following corruption charges even as some fellow Republicans say he should step down as leader to avoid a political distraction.
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Final EPA plan would leave some asbestos in Montana town

Matthew Brown, Associated Press  |  posted 54 minutes ago
Federal regulators' long-delayed clean-up for a Montana mining community where thousands have been sickened by asbestos contamination would leave some of the deadly material in the walls of houses, underground and elsewhere — stirring worries among residents about the possibility of future exposures.
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Son testifies in New Jersey military child abuse case

The Associated Press  |  posted 13 minutes ago
The teenage son of a New Jersey military couple charged with abusing their three foster children tells a jury his parents used Bible passages to justify their actions.
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Forest Service chief expects busy firefighting season

Kevin Freking, Associated Press  |  posted 21 minutes ago
The head of the U.S. Forest Service warned Tuesday of an "above average" fire season that could cost the agency more than $1 billion and require shifting funds from programs designed to prevent wildfires.
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CBS keeps its winning ways with another top-ranked week

Frazier Moore, Associated Press  |  posted 21 minutes ago
A slate of CBS dramas and comedies dominated the Nielsen Top 20 last week, lifting CBS to its 10th consecutive win in viewership.
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At medical marijuana warehouse, plants rise as launch nears

Kyle Potter, Associated Press  |  posted 22 minutes ago
Kim Kelsey is ready to start getting medical marijuana to treat her son's epilepsy. The state's two manufacturers are almost ready, too.
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Grain mixed, livestock higher

The Associated Press  |  posted 33 minutes ago
Grain futures were mixed Tuesday on the Chicago Board of Trade.
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Grain mixed, livestock higher

The Associated Press  |  posted 33 minutes ago
Grain futures were mixed Tuesday on the Chicago Board of Trade.
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Senate slated to vote on GOP budget compromise

Andrew Taylor, Associated Press  |  posted 44 minutes ago
The Senate moved ahead Tuesday on a compromise Republican budget that calls for future cuts in spending while immediately boosting Pentagon accounts by an additional $38 billion.
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Contract battle brewing over $14M Blackbeard 'treasure'

Martha Waggoner, Associated Press  |  posted 54 minutes ago
Nearly 300 years after the pirate Blackbeard's flagship sank off the North Carolina coast, a shipwreck-hunting company and the state are battling over treasure linked to the vessel — but they're fighting with legal filings, not cutlasses, and the treasure is $14 million in disputed revenue and contract violations.
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Senate moves spending plans for state departments, education

The Associated Press  |  posted 54 minutes ago
The Michigan Senate has approved $53.9 billion in budget bills setting spending for state departments and public education.
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Report: IRS issues $5.6 billion in bogus education credits

Stephen Ohlemacher, Associated Press  |  posted 54 minutes ago
The IRS issued $5.6 billion in potentially bogus education tax credits in a single year — more than a quarter of all education credits claimed by taxpayers, a government watchdog said Tuesday.
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Crude rises

The Associated Press  |  posted May 5th - 1:31pm
Crude oil futures prices ended higher on the New York Mercantile Exchange. The near-month contract for the benchmark grade rose $1.47 -- closing at $60.40 a barrel.
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Dollar mixed

The Associated Press  |  posted May 5th - 1:31pm
The U.S. dollar is mixed against other North American currencies in New York trading.
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