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Women CEOs earn big pay, but few of them have the top job

Joseph Pisani, Associated Press  |  Posted   May 24th - 12:09pm

Women CEOs earned big bucks last year, but there's still very few of them running the world's largest companies.

New York fines BNP Paribas $350 million in trading scheme

Ken Sweet, Associated Press  |  Posted   May 24th - 12:09pm

New York state regulators have fined French bank BNP Paribas $350 million, alleging bank employees for years manipulated global currency markets to benefit themselves at the expense of their customers.

Fed minutes: Officials back reducing bond holdings this year

Martin Crutsinger, Associated Press  |  Posted   May 24th - 12:09pm

Federal Reserve officials signaled in discussions earlier this month that they would likely begin reducing the Fed's huge portfolio of bond holdings later this year, a step that could cause borrowing rates to rise.

OPEC likely to extend production cuts into next year

George Jahn, Associated Press  |  Posted   May 24th - 11:53am

OPEC countries and other producers including oil giant Russia are backing prolonging last year's production cut to shore up crude prices, strongly indicating that an extension is a done deal even before they meet formally on the issue Thursday.

A third of older Latinos have tapped into retirement savings

Maria Ines Zamudio, Associated Press  |  Posted   May 24th - 11:53am

Suddenly jobless and with small children to support, Jose Victor Camargo without hesitation cashed out a retirement account he had with his former employer.

Budget chief say debt ceiling may need to be raised soon

The Associated Press  |  Posted   May 24th - 11:50am

The Latest on President Donald Trump's budget (all times local):

Trump team eyes public asset sales to pay for infrastructure

The Associated Press  |  Posted   May 24th - 11:37am

President Donald Trump's advisers are drafting plans to sell some public assets, such as airports, to help pay for a $1 trillion overhaul of the nation's aging infrastructure.

Analysis: Budget shows Trump's trouble figuring out Congress

Erica Werner, Associated Press  |  Posted   May 24th - 11:37am

President Donald Trump's first budget proposal, snubbed by some Republican allies, is just the latest example of an administration that seems at times clueless or indifferent toward Congress.

FAA tells airlines to remove some seats from smaller planes

The Associated Press  |  Posted   May 24th - 11:35am

Federal safety regulators are telling airlines to remove a certain type of seat from their planes, saying the seat could cause neck injuries during otherwise survivable crash landings.

Trump budget chief defends plan in face of opposition

Andrew Taylor, Associated Press  |  Posted   May 24th - 11:35am

The White House budget chief on Wednesday delivered a spirited defense of President Donald Trump's proposal to slash programs from food stamps to health care for the poor in the face of strong Democratic opposition and Republican skepticism.

Consultant charged in scheme to trade US secrets for profit

The Associated Press  |  Posted   May 24th - 11:30am

A Washington consultant is among five people charged in a scheme to convert government secrets into hedge fund profits.

Wildfire forces evacuations at Washington state tourism spot

Poplmb, Associated Press  |  Posted   May 24th - 11:14am

Officials say a wildfire has prompted evacuation orders for 168 homes and cabins at a popular Washington state and hiking and skiing destination.

Need cash? Facebook expands personal fundraising tools

The Associated Press  |  Posted   May 24th - 11:10am

Facebook is expanding its fundraising tools that let users ask friends and strangers to give them money to help pay for education, medical or other expenses.

US stocks extend gains to a 5th day as tech companies rise

Marley Jay, Associated Press  |  Posted   May 24th - 10:52am

U.S. stocks are up for the fifth consecutive day Wednesday as technology and high-dividend companies move higher. The gains are slight as retailers including jewelry and car parts sellers are falling and energy companies decline with oil prices. Investors are waiting for the Federal Reserve to release minutes from its meeting earlier this month.

Budget office set to release report on House GOP health bill

Alan Fram and Ricardo Alonso-Zaldivar, Associated Press  |  Posted   May 24th - 10:35am

Keeping former President Barack Obama's health care law is "completely unacceptable and totally unsustainable," the Senate's top Republican said Wednesday as the two parties braced for a Congressional Budget Office report on a House-passed bill overhauling that statute.

UK investigates 'network' of alleged Manchester attackers

Jill Lawless, Maggie Michael and Gregory Katz, Associated Press  |  Posted   May 24th - 10:34am

British security forces raided an apartment building Wednesday in central Manchester as they investigated "a network" of people allegedly behind the city's concert bombing. Hundreds of soldiers were sent to secure key sites across the country, including Buckingham Palace and the British Parliament at Westminster.

The Latest: Senate leaders await analysis of GOP health bill

The Associated Press  |  Posted   May 24th - 10:30am

The Latest on Congressional Republican efforts to replace the health care law (all times local):

Airlines have rules about taking photos, video on planes

David Koenig, Associated Press  |  Posted   May 24th - 10:30am

Without the shocking video, it's unlikely that the world would have learned or cared about the violent manhandling of a 69-year-old man on a plane last month.

Federal financial aid official resigns before House hearing

Maria Danilova, Associated Press  |  Posted   May 24th - 9:57am

A senior Education Department official in charge of managing federal student aid has resigned ahead of a House hearing.