French economist Thomas Piketty says wealth inequality will continue to rise over time.» Read More
WASHINGTON— The Treasury Department is sanctioning a government official and others in Zimbabwe for allegedly undermining democracy in the southern African nation. The department says Mudede oversaw critical elements of Zimbabwe's flawed July 2013 presidential and parliamentary elections.
WASHINGTON— Defense Secretary Chuck Hagel says the U.S. will send nonlethal assistance to Ukraine's military in light of what he called Russia's ongoing destabilizing actions there.
*Putin denounces Kiev's use of military in east Ukraine. The former KGB spy's rhetoric on the United States was, as is customary for him, firm and uncompromising, but he also gave off clear signals that he did not want to get into a spiralling war of words with Washington.
WASHINGTON— Average U.S. rates on fixed mortgages fell this week for the second straight week as the spring home-buying season begins. Mortgage buyer Freddie Mac said Thursday that the average rate for the 30- year loan fell to 4.27 percent from 4.34 percent last week.
DUBAI, April 17- Amina al-Rustamani, a member of a prominent UAE family, raised eyebrows among friends and relatives when she started her career in Dubai 13 years ago as an electrical engineer, becoming one of few females in the Middle East to enter the profession.
WASHINGTON— Applications for U.S. unemployment benefits increased slightly last week to a seasonally adjusted 304,000. The four-week average for claims dipped to its lowest level since October 2007, two months before the Great Recession began. California: Down 13,982, due to fewer layoffs in services. Iowa: Down 1,266, due to fewer layoffs in manufacturing.
WASHINGTON— The number of people seeking U.S. unemployment benefits last week rose 2,000 to a seasonally adjusted 304,000. Jobless claims continue to be near pre-recession levels despite the slight increase.
WASHINGTON— Americans seeking weekly unemployment benefits rose to 304,000; still at pre-recession levels.
MOSCOW, April 17- President Vladimir Putin on Thursday said Russia had been forced to respond to NATO enlargement and that its annexation of Crimea, home to its Black Sea Fleet, was partly influenced by the Western military alliance's expansion into eastern Europe.
WASHINGTON— The Labor Department reports on the number of people who applied for U.S. unemployment benefits last week. The report will be released at 8:30 a.m. Eastern time Thursday. EASTER SURPRISE: The number of people seeking jobless aide has stayed at pre-recession levels for several months.
MARIUPOL, Ukraine, April 17- Separatists attacked a base of the Ukrainian national guard overnight and Kiev said three separatists were killed, the worst bloodshed yet in a 10- day pro-Russian uprising in east Ukraine, overshadowing crisis talks to resolve the conflict.
WASHINGTON— With enrollments higher than expected, and costs lower, some Democrats say it's time to stop hiding from the president's health care overhaul, even in this year's toughest Senate elections. Yet pro-Democratic activists in Alaska are doing just that, and a number of strategists elsewhere hope it will spread.
Between March 2013 and March 2014, more than 50 complaints about e-cigarettes were filed with the U.S. Food and Drug Administration, according to data obtained through a public records request.
Why high oil prices are actually good for airlines. NEW YORK— Airline executives frequently complain about fuel costs, but higher prices actually have been good for business. The average cost of a roundtrip domestic ticket grew to $378.62 from $351.48 in the last five years, when adjusted for inflation.
WASHINGTON— Only one-fifth of its track will be equipped with mandatory safety technology to prevent the most catastrophic kinds of collisions and derailments by the deadline set by Congress, the freight railroad industry said Wednesday.
WASHINGTON— Two House Democrats said Wednesday they are beginning their own inquiry into whether Tennessee state officials may have violated "or otherwise run afoul of" federal law by their alleged conduct ahead of a vote by workers at a Volkswagen factory in Chattanooga, Tenn., that rejected a bid to be represented by the United Auto Workers union.
WASHINGTON— Figures on government spending and debt.
April 16- The board of Detroit's General Retirement System on Wednesday approved economic terms of a settlement with the city that include cuts to pension benefits, putting in place another key component of Detroit's effort to exit bankruptcy by October.
WASHINGTON, April 16- The biggest U.S. business lobbying group is warning the nation's employers that labor relations could be reshaped by non-union labor groups that are backing high-profile efforts to raise wages and mandate paid sick leave.
Activists in one Senate race are doing just that. And the Congressional Budget Office— the government's fiscal scorekeeper— said it expects only a minimal increase in customers' costs for 2015. Over the next decade, CBO said the new law will cost taxpayers $100 billion less than previously estimated.