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Spain premier gets backing for budget in key political test

The Associated Press  |  Posted   May 23rd - 8:30am

Spain's parliament is set to pass the national budget proposal for 2018, giving the government of Prime Minister Mariano Rajoy some breathing space as it battles Catalan separatism.

US sales of new homes slipped 1.5 percent in April

Josh Boak, Associated Press  |  Posted   May 23rd - 8:28am

Sales of new U.S. homes fell 1.5 percent in April as buying plunged in the West.

Lingering limbo: Businesses uncertain about tax law impact

Joyce M. Rosenberg, Associated Press  |  Posted   May 23rd - 8:24am

Five months after massive federal tax changes became law, many small business owners still don't know whether they'll be winners or losers.

Lingering limbo: Businesses uncertain about tax law impact

Joyce M. Rosenberg, Associated Press  |  Posted   May 23rd - 8:22am

Many small businesses still don't know whether they'll win or lose under the new tax law.

Lingering limbo: Businesses uncertain about tax law impact

Joyce M. Rosenberg, Associated Press  |  Posted   May 23rd - 8:22am

Many small businesses still don't know whether they'll win or lose under the new tax law.

Bulgaria hits setback in bid for euro membership

David McHugh and Veselin Toshkov, Associated Press  |  Posted   May 23rd - 8:19am

Bulgaria has hit a setback to its hopes of soon becoming a member of the shared euro currency after the European Central Bank said the EU's poorest country needs "wide-ranging" reforms to get its economy in shape.

Digital Life: Cutting back on a constant smartphone habit

Barbara Ortutay, Associated Press  |  Posted   May 23rd - 8:14am

Why are we checking Facebook, Instagram, Twitter, then Facebook again when we just wanted to check the weather?

Stocks slip after weak economic data from Europe

Marley Jay, Associated Press  |  Posted   May 23rd - 8:14am

U.S. stocks are falling Wednesday morning after a weak finish the day before, and energy and industrial companies are taking some of the worst losses. Investors are concerned about the European economy after a measure of business activity fell to an 18-month low in May. Target is sliding after big investments in its operations cut into its first-quarter profit while jewelry company Tiffany is climbing after a strong report.

Sales of new U.S. homes fell 1.5 percent in April; buying plunged in the West

The Associated Press  |  Posted   May 23rd - 8:03am

Sales of new U.S. homes fell 1.5 percent in April; buying plunged in the West.

Low US unemployment rate masks financial struggles for many

Christopher Rugaber, Associated Press  |  Posted   May 23rd - 7:56am

Despite an ultra-low 3.9 percent unemployment rate, about one-third of U.S. adults faced financial insecurity last year and often struggled to pay unexpected expenses, a Federal Reserve survey found .

United Technologies plans to hire 35,000 people

The Associated Press  |  Posted   May 23rd - 7:53am

United Technologies plans to hire 35,000 people and invest more than $15 billion in the U.S. over the next five years.

France's Macron takes on Facebook's Zuckerberg in tech push

Angela Charlton and Sylvie Corbet, Associated Press  |  Posted   May 23rd - 7:52am

French President Emmanuel Macron is taking on Facebook CEO Mark Zuckerberg and other internet giants at a Paris meeting to discuss tax and data protection and how they could use their global influence for the public good.

Markets Right Now: Stocks open lower on Wall Street

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

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

US officials: Some teething medicines unsafe for children

Matthew Perrone, Associated Press  |  Posted   May 23rd - 7:34am

Federal health officials are warning parents about the dangers of teething remedies that contain a popular numbing ingredient.

Critics see no end to foreign favors to Trump businesses

Tami Abdollah, Associated Press  |  Posted   May 23rd - 7:30am

First came news that a Chinese government-owned company had signed on to help build an Indonesian project that will include a Donald Trump-branded hotel and golf course. Then, days later, the president tweeted that his administration would ease sanctions against a Chinese smartphone maker accused of espionage. "Too many jobs in China lost," he wrote.

Comcast v. Disney: a fight for Twenty-First Century Fox

The Associated Press  |  Posted   May 23rd - 7:05am

Comcast may make an offer for Twenty-First Century Fox, potentially putting it in a head-to-head bidding war with Disney.

China pledges to work seriously with US ahead of Ross' visit

The Associated Press  |  Posted   May 23rd - 7:04am

China's government pledged Wednesday to work conscientiously with Washington ahead of a visit by U.S. Commerce Secretary Wilbur Ross to Beijing to work on resolving a sprawling trade dispute between the world's two biggest economies.

Trump: US may need new 'structure' for China trade deal

The Associated Press  |  Posted   May 23rd - 6:26am

President Donald Trump says the U.S. will probably need a "different structure" when it comes to trade with China.

Trump eager to sign bill rolling back Dodd-Frank regulations

Marcy Gordon, Associated Press  |  Posted   May 23rd - 6:20am

President Donald Trump indicated Wednesday that he's eager to sign a bill that would dismantle a chunk of the rules framework for banks, installed to prevent recurrence of the 2008 financial crisis that brought millions of lots jobs and foreclosed homes.