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The Congressional Budget Office says the federal budget deficit will shrink this year to its lowest level since President Barack Obama took office.
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US stocks waver between smalls gain and losses

The Associated Press  |  posted Jan 26th - 10:21am
U.S. stock indexes are drifting between small gains and losses at midday, as investors weigh the latest batch of corporate earnings and mergers, and the implications of an election victory in Greece by a party opposed to that country's bailout plan.
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Hershey blocks import of Cadbury chocolate

CNN  |  posted Jan 26th - 9:51am
Consumers can still buy Cadbury chocolates in the U.S. but they'll be the variety made and marketed by Hershey. Some fans say those chocolates don't taste like the original British versions.
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Congressional Budget Office: Budget deficit to shrink to lowest level since Obama took office

The Associated Press  |  posted 20 minutes ago
Congressional Budget Office: Budget deficit to shrink to lowest level since Obama took office.
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Spokesman: Iowa governor taken by ambulance to hospital

The Associated Press  |  posted 20 minutes ago
Gov. Terry Branstad on Monday was transported by ambulance to a hospital after falling ill at an event at a Des Moines suburb, his spokesman said.
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Death toll from GM ignition switches rises to at least 50

Tom Krisher, Associated Press  |  posted 30 minutes ago
With only five days left before the deadline to seek payments, compensation expert Kenneth Feinberg has decided that 50 death cases are eligible for money due to crashes caused by faulty General Motors ignition switches.
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US stock exchanges expect business as usual amid storm

The Associated Press  |  posted 31 minutes ago
The major stock exchanges expect to remain open for trading Tuesday even as a blizzard barrels down on New York City.
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Documents: Top-scoring marijuana cultivation applicants

The Associated Press  |  posted 31 minutes ago
Documents obtained by The Associated Press show that former Illinois Gov. Pat Quinn's administration had prepared lists of businesses that were to receive lucrative medical marijuana licenses before he left office this month. Quinn did not act on the licenses, leaving them to his successor, Gov. Bruce Rauner.
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Cops: Ex-Fox producer kills himself outside NYC headquarters

The Associated Press  |  posted 32 minutes ago
Police say a former Fox News producer in Texas has shot himself to death outside company headquarters in midtown Manhattan.
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S&P downgrades Russia credit rating to junk

The Associated Press  |  posted 51 minutes ago
Standard & Poor's rating agency has downgraded Russia's credit grade by one notch to junk status, citing a weakened economic outlook.
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Standard & Poor's rating agency downgrades Russia credit grade to junk level

The Associated Press  |  posted Jan 26th - 11:21am
Standard & Poor's rating agency downgrades Russia credit grade to junk level.
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Attorneys battle over venue for Caesars bankruptcy case

Randall Chase, Associated Press  |  posted Jan 26th - 11:21am
A court battle is underway over whether the bankruptcy case of casino giant Caesars Entertainment Corp. should proceed in Delaware or in Illinois.
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Gov't to overhaul Medicare payments to doctors, hospitals

Ricardo Alonso-Zaldivar, Associated Press  |  posted Jan 26th - 10:42am
The Obama administration Monday announced a plan to shift Medicare payments it makes to hospitals and doctors so they reward quality over volume. Officials said they hoped the move would be a catalyst for the entire health-care system.
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IBM disputes report that big layoffs coming

Brandon Bailey, Associated Press  |  posted Jan 26th - 10:40am
IBM is pooh-poohing a published report that the giant technology company is planning a big reorganization and massive job cuts affecting more than 100,000 people.
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Post Holdings to pay $1.15B for Malt-O-Meal cereal maker

The Associated Press  |  posted Jan 26th - 10:40am
Post Holdings will spend $1.15 billion to bulk up its presence in the cereal aisle by buying the privately held MOM Brands Co., maker of Malt-O-Meal cereals.
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Court rules for company seeking to trim retiree health costs

The Associated Press  |  posted Jan 26th - 10:21am
A unanimous Supreme Court is ordering lower courts to take a new look at a dispute over a chemical company's efforts to cut costs in its health plan for retired workers.
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