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Russia blasted the West's new economic sanctions on Wednesday, accusing the U.S. of being "prosecutorial" in its drive to impose penalties on the country's key energy and finance sectors.
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Strong earnings news, US growth lift stocks

The Associated Press  |  posted 30 minutes ago
U.S. stocks are opening higher after several companies reported better earnings than investors were expecting.
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Survey: US companies add 218,000 jobs in July

Christopher S. Rugaber, Associated Press  |  posted Jul 30th - 7:30am
A private survey shows that businesses hired at a healthy pace in July, though the job gains slowed from the previous month.
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Yemen nearly doubles fuel prices to narrow deficit

Ahmed Al-Hajj, Associated Press  |  posted 9 minutes ago
Yemen's government has nearly doubled fuel prices in an attempt to reform government subsidies and narrow budget deficit.
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German central bank chief: higher wages justified

The Associated Press  |  posted 10 minutes ago
The head of Germany's central bank says higher wages would be justified in the country as the economy flourishes and inflation sags, and is putting the potential for raises at 3 percent.
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No2 Irish bank profitable for 1st time since 2008

The Associated Press  |  posted 20 minutes ago
Ireland's second-largest bank, Allied Irish Banks, has returned to profit for the first time since a 2008 property crash pushed the nation to the brink of bankruptcy.
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IMF says Cyprus will need more spending cuts

The Associated Press  |  posted 20 minutes ago
The International Monetary Fund says Cyprus will need to make additional spending cuts to meet a key target of its financial rescue program.
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US economy grew at strong 4 percent rate in spring

Martin Crutsinger, Associated Press  |  posted 20 minutes ago
After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending.
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Revised data: US grew faster in 2nd half of 2013

Christopher S. Rugaber, Associated Press  |  posted 28 minutes ago
Fueled by healthier consumer spending, the U.S. economy grew in the second half of last year at the strongest pace in a decade and more than previously estimated, new government data show.
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Alums of Ohio black college fight for its survival

Lisa Cornwell, Associated Press  |  posted 30 minutes ago
Alumni of the country's oldest historically black private university are committing money and other support to help their alma mater's fight for survival amid the risk of accreditation loss and financial deficits and low enrollment.
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Fiat 2Q profits drop by 55 percent

The Associated Press  |  posted 30 minutes ago
Italian carmaker Fiat SpA, which controls Chrysler, says its second-quarter profits dropped by more than a half due to lower performance in North and Latin America.
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Microsoft spreads Cortana abroad in Windows Phone

The Associated Press  |  posted 40 minutes ago
Microsoft is spreading its Cortana digital assistant abroad, starting with China and the U.K.
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British Airways sued in pilot sex abuse allegation

Jason Straziuso, Associated Press  |  posted 50 minutes ago
A London law firm representing 16 girls in Kenya, Uganda and Tanzania said Wednesday it is initiating legal proceedings against British Airways over allegations that one of its pilots sexually abused the girls during layovers.
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Billions of GI Bill funds go to for-profit schools

Kimberly Hefling, Associated Press  |  posted Jul 30th - 7:30am
Iraq and Afghanistan veterans have flocked to for-profit colleges, including a troubled chain that is closing or selling its campuses amid a series of federal and state investigations.
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Thai junta sets plan for fast rail links to China

The Associated Press  |  posted Jul 30th - 7:20am
Thailand's military government approved a massive budget to upgrade the country's railways including high-speed rail that would eventually link with China as part of an eight-year plan to improve infrastructure, officials said Wednesday.
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