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  • HARRISBURG, Pa.— Fulfilling a campaign pledge, Gov. Tom Wolf on Thursday signed an order Thursday banning new drilling leases on public land, ending a short-lived effort by his Republican predecessor to expand the extraction of natural gas from rock buried deep beneath state parks and forests. The new Democratic governor signed the executive order before a...

  • Obama to seek to bust spending limits by $74 billion Thursday, 29 Jan 2015 | 6:01 AM ET

    WASHINGTON— President Barack Obama will ask Congress to boost government spending by roughly 7 percent above current limits, the White House said Thursday, setting up a certain clash with Republicans who insist that federal spending must be held in check. The proposal from the president, two months after his fellow Democrats were routed in November elections...

  • WASHINGTON, Jan 29- President Barack Obama's budget will call for an increase in domestic and military spending that would end spending caps known as "sequestration," a White House official said, setting up a new source of conflict with Republicans in Congress. The fiscal 2016 budget, which the White House intends to unveil on Monday, would fund a host of programs...

  • NEW YORK, Jan 28- A federal judge on Wednesday said U.S. investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the $5.3 trillion- a-day foreign exchange market. The bank defendants include Bank of America Corp, Barclays Plc, BNP Paribas SA, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, HSBC...

  • The suburban Philadelphia- based chain says Wednesday it's contracting with a Middle East food executive to open 46 stores in the next decade in Turkey, Egypt, Saudi Arabia and five other Arab nations. Rita's contractor Faysal Younes, who formerly worked with Starbucks, says the Middle East's warm climate makes it a natural market for Rita's sweet, frozen...

  • New England digs out from massive blizzard Wednesday, 28 Jan 2015 | 9:32 AM ET

    In Massachusetts, which was hit particularly hard, a record-breaking 34.5 inches of snow fell in Worcester, and the 24.4 inches at Boston's Logan International Airport approached record proportions, NWS officials said. Boston- area trains, buses and subways were set to resume normal service, although delays were predicted for the morning commute.

  • WASHINGTON— As the Federal Reserve ends its latest policy meeting Wednesday, it is widely expected to repeat the pledge it made in December: That it will be "patient" in raising interest rates from record lows. The stronger dollar makes foreign goods cheaper in the United States. The statement that Chair Janet Yellen and her colleagues will issue after the meeting...

  • BOSTON/ NEW YORK, Jan 27- A powerful blizzard struck Boston and surrounding New England on Tuesday, leaving some 4.5 million people grappling with as much as three feet of snow and coastal flooding but sparing New York City residents who had braced for a significant blast. Snow was forecast to keep falling into early Wednesday in eastern New England, possibly...

  • BOSTON/ NEW YORK, Jan 27- A powerful blizzard struck Boston and surrounding New England on Tuesday, leaving some 4.5 million people grappling with as much as three feet of snow and coastal flooding, but sparing New York City residents who had braced for a significant blast. Snow was forecast to keep falling into early Wednesday in eastern New England, possibly...

  • New York was spared the worst of the blizzard, but Boston was hit with more than two feet of snow. United Airlines canceled all flights through Wednesday in Boston and other New England airports, said spokeswoman Mary Ryan. JetBlue Airways had already canceled 190 flights for Wednesday, mostly in Boston and elsewhere in New England.

  • NEW YORK— New York City lost about $200 million in economic activity in the fizzled snow storm and decision to shut down the transit system, but it wasn't a crippling loss, according to a preliminary estimate from Moody's Analytics. Evan Gold, senior vice president for Planalytics, a firm that advises companies on weather issues, estimated the economic losses for...

  • BOSTON/ NEW YORK, Jan 27- A U.S. blizzard swept past New York City and struck hardest at some 4.5 million people around Boston, dropping nearly three feet of snow in areas and triggering high tides that breached a seawall and forced residents to flee their coastal homes. The snow was forecast to continue into early Wednesday morning in eastern New England, which...

  • BOSTON/ NEW YORK, Jan 27- A blizzard swept across the northeastern United States on Tuesday, closing schools, cancelling thousands of flights and leaving residents in the hardest-hit parts of Massachusetts and Connecticut digging out as much as 2 feet of snow, though New York City was spared the storm's brunt. The governors of New York and New Jersey lifted travel...

  • BOSTON/ NEW YORK, Jan 27- A blizzard swept across the northeastern United States on Tuesday, dropping as much as 2 feet of snow across Massachusetts and Connecticut even as its impact on New York City fell short of dire predictions. The governors of New York and New Jersey lifted travel bans they had imposed a day earlier and New York City's subway system restarted...

  • Jan 27- After a blizzard that blanketed the northeastern United States but proved less powerful in New York City than predicted, airlines, commuter rail, bus lines and subways resumed limited operations on Tuesday. LIRR service remains suspended on the Montauk Branch east of Babylon, Greenport to Ronkonkoma, Port Jefferson Branch east of Huntington and the...

  • BOSTON/ NEW YORK, Jan 27- A blizzard swept across the northeastern United States on Tuesday, dropping more than a foot of snow across Massachusetts and Connecticut even as its impact on New York City fell short of dire predictions. The governors of New York and New Jersey lifted travel bans they had imposed a day earlier and New York City's subway system was set to...

  • FORT WORTH, Texas— American Airlines is logging record profits and rewarding shareholders just one year removed from bankruptcy court and a big merger. Much of the new competition is coming from low-cost carriers who are adding flights from cities including Philadelphia, Chicago, Washington and Dallas, American executives said. American Airlines Group Inc....

  • NEW YORK— The huge snowstorm that hit the Northeast Monday had some small companies hunkering down and others coping with a spike in business. Many of the trips his Freehold, New Jersey- based company, Concorde Worldwide, makes are to airports, but more than 7,000 flights have been canceled through Wednesday, including those to nearby Newark Liberty...

  • Northeast on Monday, creating havoc for more than 60 million people and forcing New York City to shut down on a scale not seen since Superstorm Sandy devastated the region in 2012.. New York, New Jersey, Connecticut, Rhode Island and Massachusetts declared states of emergencies as people were urged to stay home with transit systems, including the New York City...

  • Treasury debt prices slipped on Monday ahead of $90 billion of fixed-rate supply and a Federal Reserve meeting later this week in a session marked by low volumes as a major winter storm hit the New York area. But as the day progressed, and traders began making early exits as transportation authorities from Philadelphia to Boston warned of commuting...