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Bank of England's Carney predicts UK living standards boost

Pan Pylas, Associated Press  |  Posted   Feb 21st - 8:48am

Bank of England Governor Mark Carney expressed hope Wednesday that British households' living standards will finally start to rise following a period when price rises have outstripped wage increases.

Supreme Court: Dodd-Frank whistleblower protection is narrow

The Associated Press  |  Posted   Feb 21st - 8:26am

The Supreme Court says whistleblower protections passed by Congress after the 2008 financial crisis only apply to people who report problems to the government, not more broadly.

Latvian official misses ECB meeting as investigation deepens

The Associated Press  |  Posted   Feb 21st - 8:24am

Latvia's banking chief missed a meeting Wednesday of the European Central Bank's top council, amid a suspected corruption scandal that is rattling confidence in the Baltic state's political and financial world.

US home sales fell 3.2 percent in January, 2nd straight drop

Christopher Rugaber, Associated Press  |  Posted   Feb 21st - 8:07am

U.S. sales of existing homes fell in January from a year earlier by the most in more than three years. Would-be buyers were stymied by rising prices and a shortage of homes for sale.

US home sales fell 3.2 percent in January, post biggest annual decline in 3 years

The Associated Press  |  Posted   Feb 21st - 8:04am

US home sales fell 3.2 percent in January, post biggest annual decline in 3 years.

South Africa's FM under scrutiny ahead of Cabinet reshuffle

The Associated Press  |  Posted   Feb 21st - 8:00am

South Africa's finance minister has announced the first increase in the value-added tax in a quarter-century as the country seeks to bring in new revenue.

To get a ride, Uber says take a walk

Tom Krisher, Associated Press  |  Posted   Feb 21st - 7:54am

The latest variation of an Uber ride will require a short walk.

Markets Right Now: Retailers, tech lead early stock gains

The Associated Press  |  Posted   Feb 21st - 7:42am

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

Amid a flood of plastic, big companies see opportunity

Danica Kirka, Associated Press  |  Posted   Feb 21st - 7:28am

Once a month, accountant Michael Byrne pulls on his rubber boots and makes his way to a spot on the banks of the River Thames.

President says Egypt 'scored a goal' with Israel gas deal

Samy Magdy, Associated Press  |  Posted   Feb 21st - 7:24am

The Egyptian president declared on Wednesday that his country "scored a goal" by signing a $15 billion deal with an Israeli company to supply natural gas that will help turn Egypt into a regional energy hub.

Madrid art fair yanks photo exhibit amid political spat

The Associated Press  |  Posted   Feb 21st - 7:23am

Madrid's International Contemporary Art Fair has yanked a photo exhibition called "Political Prisoners in Contemporary Spain," prompting charges of censorship against the government-funded body which operates the event venue.

Runaway cow defends its freedom in Poland

The Associated Press  |  Posted   Feb 21st - 7:16am

A local governor in Poland says a cow that escaped while being taken to a slaughterhouse is still avoiding capture even though the order to kill it has been canceled.

Will and Jaden Smith create eco-friendly water company: Just

Sandy Cohen, Associated Press  |  Posted   Feb 21st - 7:09am

Jaden Smith's environmental consciousness was born when he was out surfing at about age 10. He saw plastic water bottles bobbing in the ocean beside him, and he was so upset by it that he told his parents.

Priceline changing its name to Booking Holdings

The Associated Press  |  Posted   Feb 21st - 7:08am

Priceline is changing its name to Booking Holdings Inc., citing its expansion into numerous international brands over the last 20 years.

Broadcom is adjusting its buyout offer for Qualcomm

The Associated Press  |  Posted   Feb 21st - 7:01am

Broadcom is adjusting its buyout offer for Qualcomm, a day after that chipmaker raised its bid for NXP Semiconductors to approximately $43.22 billion.

Trump says more must be done to protect children

Catherine Lucey and Matthew Daly, Associated Press  |  Posted   Feb 21st - 6:56am

As a grieving Florida community demanded action on guns, President Donald Trump on Tuesday directed the Justice Department to move to ban devices like the rapid-fire bump stocks used in last year's Las Vegas massacre. It was a small sign of movement on the gun violence issue that has long tied Washington in knots.

Can Brexit be stopped? Pro-EU campaigns try to turn the tide

Jill Lawless, Associated Press  |  Posted   Feb 21st - 6:38am

Britain is due to leave the European Union in just over a year. The country's main political parties agree that the decision can't be reversed. But with the U.K. government divided over the direction Brexit should take, pro-EU campaigners are stepping up efforts to make the country change course.

Cyprus: Gas search to continue despite Turkey's opposition

Menelaos Hadjicostis, Associated Press  |  Posted   Feb 21st - 6:32am

A search for gas off Cyprus will benefit all the ethnically divided island's citizens and will continue as planned despite Turkey's efforts to interfere, the Cypriot president said Wednesday.

World markets mixed as investors eye Fed minutes

Elaine Kurtenbach, Associated Press  |  Posted   Feb 21st - 6:18am

Shares slid Wednesday in Europe after a day of gains in Asia as attention turned to minutes from the latest meeting of the Federal Reserve.

Greece: Parliament debates investigation over pharma scandal

Elena Becatoros, Associated Press  |  Posted   Feb 21st - 6:16am

Greek lawmakers were debating Wednesday whether to launch an investigation into 10 senior politicians — including two former prime ministers, the current central bank governor and a European commissioner — over allegations they were involved in a pharmaceutical bribery scandal.