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Fed expects economic gains to prompt gradual rate hikes

The Associated Press  |  Posted   Feb 23rd - 9:30am

The Federal Reserve says it expects that the ongoing strength of the U.S. economy will warrant gradual increases in interest rates this year, delivering the same steady-as-it-goes message under new leader Jerome Powell as it had provided under Janet Yellen.

AP sources: Adelson offers to help pay for Jerusalem embassy

Josh Lederman, Associated Press  |  Posted   Feb 23rd - 9:24am

The Trump administration is considering an offer from Republican mega-donor Sheldon Adelson to pay for at least part of a new U.S. embassy in Jerusalem, four U.S. officials told The Associated Press.

Passenger plane slides off icy runway at Wisconsin airport

The Associated Press  |  Posted   Feb 23rd - 9:23am

A passenger plane slid off an icy runway at an airport in eastern Wisconsin after it was diverted from Minnesota because of heavy snow.

College denies nixing coach's hiring due to Jewish heritage

The Associated Press  |  Posted   Feb 23rd - 9:14am

An attorney for a private Baptist college in Louisiana and the school's president disputes a lawsuit's claims that they refused to hire an applicant for a football coaching job because of his Jewish heritage.

Volkswagen says earnings up more than 50 percent in 2017

The Associated Press  |  Posted   Feb 23rd - 9:08am

Automaker Volkswagen AG says its net profit increased by more than half last year, while revenue climbed more than 6 percent.

Wall Street player with gun investments seeks dialogue

The Associated Press  |  Posted   Feb 23rd - 9:02am

A large Wall Street money manager wants to engage with major weapons manufacturers about their response to the school massacre in Parkland, Florida.

Police: Search on for person who shot, killed pregnant goat

The Associated Press  |  Posted   Feb 23rd - 8:54am

Police in Maine say they are searching for a suspect who shot and killed a pregnant goat at a family dairy farm.


Trump to announce new NKorea sanctions

Zeke Miller, Associated Press  |  Posted   Feb 23rd - 8:50am

The Trump administration on Friday imposed sanctions on more than 50 vessels, shipping companies and trade businesses in its latest bid to pressure North Korea over its nuclear program.

AP-NORC Poll: Most have dour outlook on America's direction

Laurie Kellman and Emily Swanson, Associated Press  |  Posted   Feb 23rd - 8:45am

Chester Trayhan's grandchildren are working, so he's feeling better about the economy these days. But his view of the country's overall direction is pretty grim, darkened by what he sees as a surge in racism and violence fueled by President Donald Trump.

Trump Jr: "I love" Indian media, but US media? Not so much

Muneeza Naqvi, Associated Press  |  Posted   Feb 23rd - 8:34am

The U.S. president's eldest son heaped praise on the Indian media Friday, and accused American journalists of unfair criticism, as he neared the end of a whirlwind trip across India promoting Trump-brand luxury real estate.

Technology company and banks lead US stocks higher

The Associated Press  |  Posted   Feb 23rd - 8:24am

Hewlett Packard Enterprise and HP are leading technology companies higher and banks are also rising as US indexes climb in early trading on Wall Street Friday. Blue Buffalo Pet Products jumps after General Mills agrees to buy the pet food maker. Bond yields continue to recede from the four-year highs they reached earlier this week.

Spend more or do less? EU leaders discuss post-Brexit budget

Mike Corder, Associated Press  |  Posted   Feb 23rd - 8:12am

The leaders of European Union nations — minus Britain's prime minister — met Friday to begin what are expected to be acrimonious talks on how the bloc will cope with a multibillion-euro hole in its budget caused by Britain's departure.

Alterra Mountain Company releases price of new Ikon ski pass

The Associated Press  |  Posted   Feb 23rd - 7:57am

A ski company that owns resorts from Quebec to Colorado says it will cost between $599 and $899 for a pass granting access to 26 resorts across North America.

General Mills gets pet-friendly, buying Blue Buffalo for $8B

The Associated Press  |  Posted   Feb 23rd - 7:44am

The maker of Cheerios also wants to fill dog bowls.

Markets Right Now: Tech, banks lead early stock gains

The Associated Press  |  Posted   Feb 23rd - 7:43am

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

Brexit is already causing a drop in EU migration to UK

Pan Pylas, Associated Press  |  Posted   Feb 23rd - 7:40am

Brexit is little more than a year away but there is mounting evidence it's having a major impact on the number of European citizens looking to live and work in Britain.

Official: U.S. sanctions 56 vessels, shipping companies, and trade businesses in bid to turn up pressure on North Korea

The Associated Press  |  Posted   Feb 23rd - 7:20am

Official: U.S. sanctions 56 vessels, shipping companies, and trade businesses in bid to turn up pressure on North Korea.

Cyprus: Turkish warships stopped rig, 'threatened force'

Menelaos Hadjicostis, Associated Press  |  Posted   Feb 23rd - 7:10am

Turkish warships "threatened to use force" to stop a renewed attempt by a rig to reach an area off Cyprus where Italian company Eni was scheduled to drill for gas, the island nation's energy minister said Friday.

GOP, Dem governors push national health care compromise

Julie Carr Smyth, Associated Press  |  Posted   Feb 23rd - 5:12am

A bipartisan group of governors working to strike compromise on hot-button policy issues will take on the health care question at an event Friday.