Headline Articles

Construction Spending Rose in February

Construction spending rose January to February to a seasonally adjusted annual rate of $885.1 billion, the U.S. Census Bureau reported Monday.


GOP Stands on Immigration, Obamacare Alienate Hispanics

The GOP stands at a crossroads when it comes to garnering Hispanic confidence. Heavily in play right now are immigration reform and implementation of the Affordable Care Act, popularly known as Obamacare.


US F-22 Fighters Join S. Korea War Games

Advanced U.S. F-22 stealth jet fighters were poised in South Korea for war games Monday as North Korea said its nuclear-weapons program was non-negotiable.


Death Penalty Looms in Aurora Shootings

If the death penalty is sought for the Aurora, Colo., movie theater massacre suspect, the defense must decide whether to use an insanity defense, observers say.


Manufacturing in March Shows Robust Growth

The pace of U.S. manufacturing growth accelerated in March, a research firm confirmed Monday.


North Korea Ends Truce With South Korea

The Obama administration takes seriously North Korea's statement that it is in a "state of war" with South Korea, a spokesman said Saturday.


Bank of Cyprus Depositors to Face Up to 60 Percent Losses

Depositors in Cyprus with savings of more than 100,000 euros ($128,000 ) could face losses of up to 60 percent, under tough conditions attached to an international bailout, Finance Minister Michalis Sarris said Saturday.


Unemployment Dips to 9.6 Percent in California

California's unemployment rate, stuck at 9.8 percent for three months, decreased to 9.6 percent in February, according to data released today by the California Employment Development Department.


Jobless Rate in Texas Ticks Up to 6.4 Percent

Unemployment in Texas rose to 6.4 percent in February from 6.3 percent the previous month, despite unusually strong job growth.


Fight Against Internet Sales Tax Renewed

U.S. Sen. Kelly Ayotte, R-N.H., assured a roomful of online business owners that she would keep up the fight against an Internet sales tax, after a March 22 Senate vote in which 75 senators expressed support for the idea.


Cyprus Won't Leave Eurozone, Anastasiades Says

Cyprus' president said on Friday the country would not leave the eurozone after banks returned to normal opening hours under strict capital controls to prevent a run on deposits.


IRS Warns of 12 Tax Scams

Identity theft and phishing are listed as two of the most common tax scams facing taxpayers. The Internal Revenue Service released its annual Dirty Dozen list of common tax scams this week.


US Consumer Spending Rose in February

Consumer spending rose 0.7 percent and incomes were up 1.1 percent in February, the U.S. Commerce Department said Friday. Personal spending rose by $77.2 billion, with help from a $143.2 billion boost in incomes.


Defense Furloughs Reduced to 14 Days: Hagel

Defense Secretary Chuck Hagel confirmed today that the number of furlough days for civilian defense workers will be reduced from 22 to 14.


Cyprus Crisis Could Be a Boon for US Banks

Money that's been trapped in Cyprus banks for the last two weeks could begin to cross the Atlantic and flood the American banking system starting today as banks on the European island reopen, one banking expert predicts.


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