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President Obama will return 5 percent of his salary each month to the Treasury in a show of solidarity with federal workers smarting from government-wide spending cuts, the White House said Wednesday.
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WASHINGTON, April 5- The United States would not be surprised if North Korea were to conduct a new missile test, White House spokesman Jay Carney told reporters on Friday. Asked about indications that North Korea might be preparing to launch a test missile amid rising tensions in the region, Carney said White House officials had seen the reports.
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WASHINGTON, April 5- A proposal by U.S. securities regulators to require exchanges to improve protection against technology glitches and natural disasters is too narrow and should include more market players, a top New York Stock Exchange official said Friday.
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Treasury Secretary Jack Lew will discuss ways that Europe can rebalance its demand to help grow the economy during a trip to the continent next week, a senior U.S. official said on Friday. "What is very clear is that overall we're seeing very weak demand in Europe and rising levels of unemployment," a senior U.S. Lew will go to France, Belgium and Germany.
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NEW YORK, April 5- Brent crude oil fell to an eight-month low below $105 a barrel on Friday as data showed a much sharper slowdown in hiring by U.S. employers than analysts had expected, feeding worries about the economy and potential fuel demand.
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*Gold, natgas, corn, wheat and sugar rebound. Copper and other metals slipped too after data from the U.S. Labor Department showed American employers hired at the slowest pace in nine months in March. John Kilduff, partner at Again Capital, an energy hedge fund in New York, called jobs report "a real disappointment."
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LONDON, April 5- The investment herd is scattering again in a sign of less stressful times, encouraged by resolute central bank protection even if scarce growth and jobs may deter funds from straying too far.
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CARSON CITY, Nev.-- Drivers in the Reno- Carson City and Las Vegas areas are losing about $1,500 each year because Nevada's roadways are outdated and, in many cases, inadequately maintained, a report released Thursday revealed. Tick Segerblom, D- Las Vegas, told members of the Senate Committee on Revenue and Economic Development on Thursday.
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SEOUL- North Korea has placed two of its intermediate range missiles on mobile launchers and hidden them on the east coast of the country in a move that could threaten Japan or U.S.
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LONDON, April 5- Brent crude oil fell to a five-month low near $105 per barrel on Friday as bleak U.S. jobs data and bulging inventories dimmed the outlook for economic growth and fuel demand.
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LONDON, April 5- Brent crude oil fell to a five-month low near $105 per barrel on Friday as bleak U.S. jobs data and bulging inventories dimmed the outlook for economic growth and fuel demand.
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*North Korea asks embassies to close- Russia says. LONDON/ SEOUL, April 5- North Korea has asked embassies in Pyongyang that might wish to get staff out if there is a war to submit plans to it by April 10, Britain said on Friday, as it upped the pressure as part of a war of words that has set the Korean peninsula on edge.
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The announcements that Secretary of State John Kerry, the richest Cabinet member, Secretary of Homeland Security Janet Napolitano and Treasury Secretary Jacob Lew will voluntarily reduce their pay came a day after President Barack Obama and Defense Secretary Chuck Hagel said they'd return 5 percent of their paychecks to the Treasury.
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The prospects for U.S. economic growth are "still too little" and "too uncertain," House Majority Leader Eric Cantor told CNBC. American can't just sit back on its laurels, he added.
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ANNAPOLIS, Md.-- Maryland's already-strong gun laws will become among the strictest in the nation with a measure passed by the General Assembly Thursday, sending the bill to the Democratic governor who proposed the legislation in the aftermath of December's massacre at a Newtown, Conn., elementary school.
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COLUMBUS, Ohio-- Several courts in Ohio are illegally jailing people because they are too poor to pay their debts and often deny defendants a hearing to determine if they're financially capable of paying what they owe, according to an investigation released Thursday by the Ohio chapter of the American Civil Liberties Union.
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*Copper near 8- month lows. LONDON, April 5- Copper fell on Friday to within sight of the eight-month lows it hit on Thursday, after far weaker than expected U.S. jobs data spooked investors about the state of the world's largest economy.
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Dannel P. Malloy signed into law sweeping new restrictions on weapons and large capacity ammunition magazines Thursday in response to the Sandy Hook Elementary School massacre, a bipartisan deal that gun control proponents hope will spark action in Washington and state legislatures across the country.
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ATHERTON, Calif.-- Making a down payment on his vow to go all in for Democrats in 2014, President Barack Obama courted well-heeled donors in California on a two-day fundraising jaunt that required him to walk a fine line: Berate Republicans too much, and Obama could put fragile prospects for achieving his second-term goals in jeopardy.
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NEW YORK-- New York City's mayor met Thursday with the parents of a Chicago girl killed just days after performing at President Barack Obama's inaugural festivities, then suggested that places interested in reducing gun violence might want to emulate the Big Apple, where studies have found teenagers are less likely to carry weapons than in any other major U.S. city.
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HAVANA-- Beyonce and Jay-Z caused a big stir in Havana as they marked their fifth wedding anniversary Thursday. Waitress Silvia Fernandez said Beyonce toured the eatery and looked at photos of past celebrity clients: Jack Nicholson, Jodie Foster, Danny Glover, Will Smith, James Belushi and more.