News Briefs

First Quarter in Review: Big Winners, Losers

Many of the top-performing fund categories in the first quarter were ones that tend to be popular when worries are rising, such as gold-related and bond funds.

Shark Kills Woman Off Tathra, Australia

A shark killed a woman near her husband and friends as they took their morning swim Thursday off a popular Australian east coast beach, police said.

Hispanics, Blacks Losing Economic Ground: Urban League

Hispanics and African-Americans are losing economic ground when compared with whites in the areas of employment and income as the U.S. pulls itself out of the Great Recession, the latest State of Black America report from the National Urban League says.

Media Seek Magic Formula for Reaching U.S. Hispanics

Reaching the 55 million-strong Hispanic audience has become gospel for mainstream media, but grabbing the interest of this fast-growing, mostly U.S.-born audience is proving tricky.

Service Sector Grew, Added Jobs in March

U.S. service firms grew more quickly in March as new orders rose and hiring increased, a sign the economy is rebounding after an unusually harsh winter.

Stein to Resign From Fed

Federal Reserve Board member Jeremy Stein says he plans to resign next month to return to Harvard University.

Average U.S. 30-Year Mortgage Rate Remains Low

Average U.S. rates on fixed mortgages remain near historically low levels, with the average rate for the 30-year loan ticking up to 4.41 percent from 4.40 percent last week.

Court Denies Appeal in Sandusky Sex Case

Pennsylvania's Supreme Court said Wednesday it won't review the child molestation conviction of former Penn State assistant football coach Jerry Sandusky.

Another Shooting at Fort Hood

Fort Hood confirmed Wednesday that there has been another shooting at the Texas Army base and that injuries have been reported.

Dmytro Firtash Indicted in Chicago on Bribery Charges

Ukrainian industrialist Dmytro Firtash and five others have been indicted by federal prosecutors in Chicago on charges they participated in an international racketeering conspiracy.

Russia Could Mount Ukraine Incursion Within Days: NATO Commander

Russian forces could carry out an "incursion" into Ukraine and accomplish their objectives in three to five days, NATO's top military commander said Wednesday.

Fox Apologizes for Misleading Obamacare Graphic

Fox News apologized for its inaccurate graphic depicting health-care signups, after people slammed the network for misleading information.

Americans Increasingly Squeezed Out of Middle Class

Nearly five years after the Great Recession ended, more Americans are coming to the painful realization that they're no longer part of the middle class.

Student Eats Pot Cookie, Falls to Death

The coroner said marijuana contributed to the death of a student who fell from the balcony of a Denver hotel in early March.

Poll: Treatment, Not Jail For Drug Users

Nearly two-thirds of American support treatment and not jail for non-violent drug users according to a new poll.

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