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Bank of England Governor: Bank will protect economic growth

Danica Kirka, Associated Press  |  Posted  Jan 16th - 1:41pm

The Bank of England remains ready to protect economic growth in the face of pressures caused by Britain's departure from the European Union, the central bank's top executive said Monday as investors waited for the country's prime minister to lay out her vision for Brexit.

Feds allege KleinBank used discriminatory lending practices

Amy Forliti, Associated Press  |  Posted  Jan 16th - 1:24pm

The U.S. Department of Justice has sued a Minnesota bank for allegedly engaging in mortgage lending practices that discriminate against minorities. The bank disputed the claim Monday, saying the lawsuit is not based on fact.

Italy says tests show Fiat 500X cars meet emissions rules

The Associated Press  |  Posted  Jan 16th - 12:31pm

The Italian transportation ministry says its tests show that Fiat 500X cars meet emissions rules, despite German contentions that the cars contain so-called defeat devices meant to cheat emissions tests.

The Latest: Davos backdrop is 'disruptive transformation'

The Associated Press  |  Posted  Jan 16th - 11:51am

The Latest on the World Economic Forum's annual meeting in the Swiss ski resort of Davos (all times local):

Ivanka Trump lays groundwork for policy role in Washington

Catherine Lucey, Associated Press  |  Posted  Jan 16th - 11:51am

She may not be working in the White House, but that doesn't mean Ivanka Trump is staying out of politics.

Correction: Egg Exports-South Korea story

The Associated Press  |  Posted  Jan 16th - 11:00am

In a story Jan. 11 about the U.S. exporting eggs to South Korea, The Associated Press incorrectly spelled the name of food market analyst firm Urner Barry and its protein market analyst Brian Moscogiuri.

IMF boosts growth forecast for US, cites Trump impact

Martin Crutsinger, Associated Press  |  Posted  Jan 16th - 10:45am

The International Monetary Fund on Monday raised its forecast for the U.S. economy over the next two years, saying President-elect Donald Trump's policies should boost economic growth, particularly in 2018. But officials warned that if Trump's protectionist trade proposals set off a trade war, that could be "quite destructive" for the global economy.

Parties, protests to take over DC for Trump's inauguration

Jessica Gresko, Associated Press  |  Posted  Jan 16th - 10:30am

Hundreds of thousands of people are expected to clog the nation's capital for Donald Trump's inauguration and a major demonstration the day after. How many will actually arrive to party or protest is an open question.

Syria rebel factions to attend Russia, Turkey-backed talks

Sarah El Deeb, Associated Press  |  Posted  Jan 16th - 10:30am

Representatives of some Syrian rebel groups said Monday they will attend talks sponsored by Russia and Turkey scheduled later this month, despite mounting violations of a cease-fire across the war-ravaged country.

Hundreds rally at Utah Capitol in support of health law

The Associated Press  |  Posted  Jan 16th - 10:11am

Hundreds of people rallied at Utah's state Capitol over the weekend to show their support for President Barack Obama's signature health care law.

Snow forces roof collapses at Treasure Valley onion plants

The Associated Press  |  Posted  Jan 16th - 9:51am

Severe weather and snow buildup has caused the roofs of about 18 onion storage and packing facilities to collapse in southwestern Idaho and eastern Oregon.

Report: Trucking firms using gadgets to cheat on emissions

The Associated Press  |  Posted  Jan 16th - 9:51am

German public broadcaster ZDF reports that trucking companies in Europe may be using electronic equipment to commit large-scale emissions fraud.

As robots take jobs, Europeans mull free money for all

John Leicester, Associated Press  |  Posted  Jan 16th - 9:41am

I am, therefore I'm paid.

Ford recalls more than 4,500 Kuga SUVs in South Africa

The Associated Press  |  Posted  Jan 16th - 9:32am

The South African unit of the Ford Motor Company says it is recalling 4,556 Kuga vehicles following several dozen reports of the car catching fire.

British pound sags ahead of prime minister's Brexit speech

Jill Lawless, Associated Press  |  Posted  Jan 16th - 9:30am

After months of repeating the mantra that "Brexit means Brexit," Prime Minister Theresa May is set to reveal details of Britain's closely guarded plans for leaving the European Union, in a speech that has already increased pressure on the beleaguered pound.

The Big Apple Circus puts its assets up for auction

The Associated Press  |  Posted  Jan 16th - 9:23am

The Big Apple Circus is up for sale.

Trumping Trump? Democrat Cuomo courts 'middle-class anger'

David Klepper, Associated Press  |  Posted  Jan 16th - 9:11am

An ambitious Democratic governor with possible White House aspirations has a formula for staying blue in the time of Trump: Take your progressive message directly to angst-ridden middle-class voters.

States can offer a lesson as GOP proposes deep cut taxes

Christina A. Cassidy and Andrew Demillo, Associated Press  |  Posted  Jan 16th - 8:41am

President-elect Donald Trump and congressional Republicans who have pledged to cut federal taxes to boost the economy might consider looking first at lessons learned in GOP-controlled states that adopted similar strategies, only to see growth falter and budget gaps widen.

IMF raises China growth forecast but warns on debt

Joe McDonald, Associated Press  |  Posted  Jan 16th - 8:31am

The International Monetary Fund on Monday raised its growth forecast for China but warned rising debt that has prompted concern about the country's finances increase the risk of a sharper slowdown.