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Foxx: Private dollars alone can't solve transportation woes

Joan Lowy, Associated Press  |  Posted  Jan 17th - 12:42pm

Stimulating private investment in infrastructure projects, as President-elect Donald Trump has proposed, can cover only a fraction of the costs of solving America's transportation problems, Transportation Secretary Anthony Foxx warned as he prepares to leave office.

18M more Americans would be uninsured under 2016 GOP repeal

Alan Fram, Associated Press  |  Posted  Jan 17th - 12:31pm

Insurance premiums would soar and some 18 million Americans would lose health coverage if Republicans partially repeal President Barack Obama's health care law without a replacement, Congress' nonpartisan budget office estimated Tuesday.

Official: Puerto Rico govt could collapse if no steps taken

Danica Coto, Associated Press  |  Posted  Jan 17th - 12:20pm

The administration of Puerto Rico's new governor warned on Tuesday that the U.S. territory government could shut down if dramatic measures to offset the economic crisis aren't taken soon.

The Latest: Dems urge Sessions' recusal from a hacking probe

The Associated Press  |  Posted  Jan 17th - 12:03pm

The Latest on Congress (all times EST):

Dakota Access company seeks to block pipeline study

Blake Nicholson, Associated Press  |  Posted  Jan 17th - 12:01pm

The company building the Dakota Access oil pipeline wants a federal judge to block the U.S. Army Corps of Engineers from launching a full environmental study of the $3.8 billion pipeline's disputed crossing of a Missouri River reservoir in North Dakota.

GM to add or keep 7,000 US jobs, make $1 billion factory investment

The Associated Press  |  Posted  Jan 17th - 11:51am

General Motors is planning to invest $1 billion in U.S. factories and add thousands of new white-collar jobs.

Supreme Court delays New Jersey sports betting decision

David Porter, Associated Press  |  Posted  Jan 17th - 11:50am

Supporters of legalized sports gambling in New Jersey and several other states were handed a small victory Tuesday when the U.S. Supreme Court delayed a ruling on whether it will take up the states' challenge to a federal ban.

As US looks inward, China seeks a lead role on world stage

Jamey Keaten and Gillian Wong, Associated Press  |  Posted  Jan 17th - 11:21am

With the U.S. increasingly looking inward and China eager to take a lead on the global stage, Chinese President Xi Jinping on Tuesday cast his country as a champion of free trade and stability, a rebuke to the isolationist urges that helped carry Donald Trump to power.

UN forecasts modest economic recovery but no robust revival

Edith M. Lederer, Associated Press  |  Posted  Jan 17th - 10:51am

The United Nations predicted a modest recovery in the global economy in 2017-18 on Tuesday but warned that its projection is an indication of economic stabilization rather than a signal of robust revival.

US stock indexes dip, along with bond yields and dollar

Stan Choe, Associated Press  |  Posted  Jan 17th - 10:32am

Losses for financial and health care stocks pulled U.S. indexes modestly lower Tuesday and put the Dow Jones industrial average at risk for its third straight loss.

Trump's first home up for auction for 2nd time in 3 months

The Associated Press  |  Posted  Jan 17th - 10:31am

The first property ever connected to President-elect Donald Trump has become a hot spot for real estate deal-making.

Vilsack takes job with dairy industry after leaving USDA

Mary Clare Jalonick, Associated Press  |  Posted  Jan 17th - 10:11am

Former Agriculture Secretary Tom Vilsack is taking a job at the U.S. Dairy Export Council.

Patricia Cornwell settles lawsuit against financial advisers

The Associated Press  |  Posted  Jan 17th - 10:04am

Patricia Cornwell has settled a lawsuit against her former business managers, avoiding a second trial for a case that dates to 2009.

Markets Right Now: US stocks move slightly lower

The Associated Press  |  Posted  Jan 17th - 10:01am

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

Interior nominee Zinke urges array of uses for federal lands

Matthew Daly, Associated Press  |  Posted  Jan 17th - 10:01am

President-elect Donald Trump's choice for interior secretary says the nation's vast federal lands should be used for a variety of purposes, from hiking, hunting, fishing and camping to harvesting timber and mining for coal and other energy sources.

Israel's Netanyahu mired in series of corruption allegations

Aron Heller, Associated Press  |  Posted  Jan 17th - 9:53am

Israel's Benjamin Netanyahu might be upbeat these days: The economy is growing, his opposition is weak and the incoming Trump administration seems friendly, even to the much-maligned Jewish settlements in the West Bank. Instead, the long-serving leader is mired in a series of eye-popping corruption investigations in a country that has already jailed a prime minister and president.

GM to add or keep 7,000 US jobs, make $1B factory investment

Tom Krisher, Associated Press  |  Posted  Jan 17th - 9:50am

General Motors plans to invest $1 billion in U.S. factories and add thousands of new white-collar jobs, measures that have been in the works for years but were announced Tuesday after criticism from President-elect Donald Trump.

Wal-Mart to add about 10,000 retail jobs in the US

Michelle Chapman and Anne D'Innocenzio, Associated Press  |  Posted  Jan 17th - 9:40am

Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations. The world's biggest retailer said Tuesday that its plans will also generate about 24,000 construction jobs.

The Latest: Kerry says US diplomatic deals hard to reverse

The Associated Press  |  Posted  Jan 17th - 9:20am

The Latest on the World Economic Forum in Davos, Switzerland (all times local):

Grain higher, livestock higher

The Associated Press  |  Posted  Jan 17th - 9:11am

Grain futures were higher Monday in early trading on the Chicago Board of Trade.