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Average US rate on 30-year mortgage falls to 3.98 percent

The Associated Press  |  Posted  Jul 30th - 8:30am

Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent.

US economy posts solid 2.3 percent growth rate in Q2

Martin Crutsinger, Associated Press  |  Posted  Jul 30th - 8:23am

The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year.

Applications for US jobless aid rise to still-low 267,000

Christopher S. Rugaber, Associated Press  |  Posted  Jul 30th - 6:51am

More people sought U.S. unemployment benefits last week, though the increase was from a very low level and the figures still point to a healthy job market.

Shell icebreaker heads for showdown with protesters

The Associated Press  |  Posted  Jul 30th - 8:20am

A Shell Oil icebreaker is heading for a showdown with environmental activists dangling from Portland, Oregon's tallest bridge.

Fiat Chrysler raises outlook as Q2 profits jump 70 percent

Colleen Barry, Associated Press  |  Posted  Jul 30th - 8:13am

Fiat Chrysler Automobiles on Thursday raised its revenue forecast after strong sales in North American and a recovery in the European market boosted second-quarter profits by 70 percent.

Hercules recalling 90,000 SUV tires

The Associated Press  |  Posted  Jul 30th - 8:00am

An Ohio company is recalling about 90,000 SUV tires because the tread can separate, causing a loss of air and increasing the risk of a crash.

Wildlife activists concerned over Uganda-Congo border oil

Rodney Muhumuza, Associated Press  |  Posted  Jul 30th - 7:31am

Activists on Thursday urged Uganda's government to reverse a decision to open for oil drilling a wildlife park on Uganda's border with Congo, saying the move puts pressure on the region's fragile ecosystems.

Here is the latest Nevada news from The Associated Press

The Associated Press  |  Posted  Jul 30th - 7:30am

Nevada higher education officials faced with a tight deadline to launch a need-based scholarship are seeking more authority for staff to finalize program details. The Nevada Board of Regents meets today to decide whether to give Chancellor Dan Klaich some extra authority in crafting policies for the Silver State Opportunity Grant.

Cigna posts Street-topping earnings

The Associated Press  |  Posted  Jul 30th - 7:10am

Cigna's second-quarter earnings rose nearly 3 percent, beating estimates as the health insurer predicted last week when it announced a plan to combine with bigger rival Anthem in a $48-billion deal.

Here is the latest Idaho news from The Associated Press

The Associated Press  |  Posted  Jul 30th - 7:10am

A Washington County woman has been infected with the mosquito-borne illness West Nile virus, marking the first confirmed human case in Idaho this year. KTVB-TV reports the woman, who is in her 60s, first noticed symptoms at the end of June. She did not require hospitalization and is still recovering from the illness. Mosquitoes have tested positive for the virus in nine counties.

Royal Bank of Scotland reports rise in 2nd quarter profits

Danica Kirka, Associated Press  |  Posted  Jul 30th - 6:51am

Second-quarter profit at taxpayer-owned Royal Bank of Scotland rose 27 percent, it announced Thursday, but warned the cost of past scandals may continue to weigh on earnings.

Belgian farmers protest prices paid for milk, other produce

The Associated Press  |  Posted  Jul 30th - 6:40am

Belgian farmers are blocking roads and entrances to grocery store distribution centers to protest what they say are unfairly low prices for milk, pork and other products.

Applications for US unemployment benefits rose last week to still-low level of 267,000

The Associated Press  |  Posted  Jul 30th - 6:32am

Applications for US unemployment benefits rose last week to still-low level of 267,000.

US economy posts solid 2.3 percent growth rate in Q2, helped by strong consumer spending

The Associated Press  |  Posted  Jul 30th - 6:32am

US economy posts solid 2.3 percent growth rate in Q2, helped by strong consumer spending.

US cuts estimates for economic growth over past 3 years

Christopher S. Rugaber, Associated Press  |  Posted  Jul 30th - 6:32am

The U.S. economy grew more slowly over the past three years than the government had previously estimated, held back by more frugal consumers and steeper spending cuts by state and local governments.

Shell to cut jobs to cope with long period of cheap oil

Danica Kirka, Associated Press  |  Posted  Jul 30th - 6:31am

Royal Dutch Shell announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged period of low oil prices.

Lower oil prices push Italian oil company Eni to Q2 loss

Colleen Barry, Associated Press  |  Posted  Jul 30th - 6:20am

Italian oil and gas company Eni on Thursday reported second-quarter losses of 113 million euros ($124 million) amid a sharp decline in oil prices, but raised its forecasts on production this year as new fields come on line.

IBM's Watson computing technology learns Japanese

Yuri Kageyama, Associated Press  |  Posted  Jul 30th - 5:40am

The IBM Watson super-brainy computing technology, which has helped organize massive data as well as beaten champions on the Jeopardy TV show, is now learning Japanese.

Israel passes law sanctioning force-feeding prisoners

Tia Goldenberg, Associated Press  |  Posted  Jul 30th - 5:21am

Israel's parliament passed a contentious law on Thursday that would permit the force-feeding of inmates on hunger strike, eliciting harsh criticism over the practice.

University of Alaska Fairbanks cuts $20 million from budget

The Associated Press  |  Posted  Jul 30th - 5:10am

The University of Alaska Fairbanks has announced it will cut $20 million from its budget this upcoming year.