News Briefs

Average 30-Year Mortgage Rate Rises to 4.15 Percent

Average U.S. rates on fixed mortgages edged up slightly in the week, but remain near historically low levels.


Initial U.S. Jobless Claims Reach 7-Year Low

Applications for unemployment benefits are a proxy for layoffs, so the low readings indicate that employers are letting go of fewer workers.


Oil Price Keeps Dropping as Supplies Grow

The price of oil continued to fall Thursday, trading below $102 a barrel as the outlook for supply remained robust.


Fox News Contributor: Gay Marriage Will Lead to Marrying the Family Dog

Fox News contributor Dr. Keith Ablow said that a marriage equality law in California could lead to people marrying their dogs during an appearance on Fox and Friends.


UTEP Students Tapped to Test Lunar Dust Device

NASA has selected a group of Hispanic UTEP students to test their lunar dust cleaning device intended to remove hazardous particles that can cause serious problems for astronauts.


Fed Committee Optimistic About Growth Prospects

Federal Reserve officials differed on the best way to signal when they might raise a key short-term interest rate, but agreed that the monthly bond buying program will end in October.


Child Refugees Face 'Frightful Nightmare' on Trek North

Rapes, robberies, hunger and cold await Central American children traveling through Mexico en route to the U.S.


Detroit Officials to Get Pay Hike Despite Bankruptcy

Detroit's mayor, city council members and other non-union workers received a 5 percent pay increase at the beginning of the month.


FOMC Minutes From June 17 Meeting: Full Text

A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on June 17 and continued on June 18.


Stranded Whales Die Off Puerto Rico

Puerto Rican officials are investigating the deaths of two pilot whales that stranded themselves in the island's southwest region.


Call Girl Faces Murder Charge for Google Exec's Heroin Death

An admitted prostitute was arrested Friday in connection with the November heroin overdose death of a Google executive aboard his private yacht.


U.K. Girds for Nationwide Strike

Up to a million Britons are expected to take part in a nationwide strike on Thursday, as workers take to the streets to protest a pay freeze and falling living standards.


French Financier to Head Vatican Bank

Cardinal George Pell, prefect for the economy of the Holy See, on Wednesday named Frenchman Jean-Baptiste de Franssu president of the Institute for Religious Works.


U.S. Teens Get Middle Grade for Financial Savvy

The U.S. runs in the middle of the pack when it comes to the financial knowledge and skills of 15-year-old boys and girls, while Shanghai teens scored highest.


Atlanta Biology Lesson Compares Evolution With Satan

An Atlanta high school is facing backlash after a biology teacher showed a PowerPoint presentation equating evolution with Satan and encouraging students to believe whatever they want.


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