SAN FRANCISCO, Aug 2- Janet Yellen made her reputation as an early spotter of the looming slump seven years ago when she highlighted some unorthodox indicators of decline in consumer spending: tummy tucks, gourmet dining and country club memberships. As chief of the San Francisco Fed back in 2008, Yellen joked to colleagues at a somber policy-setting meeting...» Read More
The price of oil is falling after TransCanada reaffirmed plans to restart a pipeline this weekend that carries crude from Canada to the Midwest. TransCanada closed the 2,100- mile pipeline Wednesday after tests showed possible safety issues.
DETROIT-- The National Highway Traffic Safety Administration is investigating complaints that children have been trapped in Graco car seats because the buckles won't unlatch.
Rates dropped in Ohio, Florida, Wisconsin, Colorado, Iowa, Nevada and North Carolina. They were unchanged in New Hampshire and Virginia. With just 18 days until Election Day, polls show GOP challenger Mitt Romney gaining momentum with voters in key states.
NABLUS, West Bank-- Posters for two competing candidates in this weekend's Palestinian local elections are affixed to road signs, buildings, power lines, and vehicles in this bustling West Bank city. Only Palestinians in the West Bank will vote Saturday, choosing mostly between rivals from the dominant but disorganized Fatah Party of President Mahmoud Abbas.
MADRID-- Spain's main trade unions on Friday called a general strike for Nov. 14, coinciding with similar work stoppages in Portugal and Greece, to protest government-imposed austerity measures and labor reforms. The general strike called by the Workers' Commissions and General Workers' unions will be the second in Spain this year.
HIGH POINT, N.C.-- This year may be a turning point for the furniture industry, which has taken an especially hard hit during the recession as credit was limited and people put big-ticket purchases on hold to pay monthly bills.
NEW YORK-- Chipotle's stock is taking a big hit from investors worried that years of lightning-fast growth are over. Chipotle shares closed down 15 percent, or $42.93, at $243. Late Thursday, Chipotle Mexican Grill Inc. said its third-quarter revenue and net income both grew.
ATHENS, Greece-- An opinion poll in Greece says an anti-bailout leftist party has extended its lead over Prime Minister Antonis Samaras' conservatives, while support for a far right party with strong neo-Nazi references has doubled since June's national election.
PHOENIX-- As the national average for a gallon of gas has decreased, Arizona prices remain about the same, up. 2 cents to $3.71 per gallon since last week. Tucson and Flagstaff have the lowest and highest state fuel averages, at $3.47 and $3.90 per gallon, respectively.
TRENTON, N.J.-- Amgen Inc., the world's biggest biotech company, will update on progress on its experimental drugs when it reports its third-quarter results after the stock market closes Tuesday. He'll also mention the latest product approval for Amgen, based in Thousand Oaks, Calif..
OKLAHOMA CITY-- Oklahoma's chief auditor says he's found a lack of financial safeguards at the Commission on Marginally Producing Oil and Gas Wells. Auditor and Inspector Gary Jones says an operational audit released Thursday cites the agency for not implementing a system of checks and balances to safeguard public assets.
RALEIGH, N.C.-- Time is running out for North Carolina homeowners to offer their view of a proposal by insurance companies doing business in the state to increase premiums by an average of nearly 18 percent next year. Friday is the deadline to submit comments by mail or e-mail to the state Insurance Department.
The hard-rocking country music star made a whirlwind run around the eastern U.S. on Thursday, announcing shows at Boston's Fenway Park, Chicago's Wrigley Field and on the University of Georgia campus in the space of 12 hours. Aldean will make the first appearance by a country music performer at Fenway Park, home of the Boston Red Sox.
KILLINGTON, Vt.-- Vermont's Killington ski resort says it's going to power one of its lifts this season with electricity generated from methane gas recovered from cow manure.
LONDON-- British police said Friday that a highly publicized inquiry into a BBC entertainer believed to have molested dozens of girls has widened to include more than 200 potential victims and possibly new perpetrators.
CHARLESTON, W.Va.-- A program that supports specialty crop farmers has awarded $217,000 in federal grants to eight projects in West Virginia. State Agriculture Commissioner says one of the recipients of a specialty crop block grant from the U.S. Department of Agriculture is the Eastern Panhandle Beekeepers Association.
INDIANAPOLIS-- A European committee has endorsed the use of Eli Lilly and Co.' s imaging agent Amyvid for helping to diagnose Alzheimer's disease. The Food and Drug Administration approved Amyvid for sale in the United States last spring.
RICHMOND, Va.-- Amtrak says it had nearly 1.5 million passenger boardings and departures at Virginia stations last fiscal year. Leading the way in Virginia was the Staples Mill Road station in Richmond with nearly 346,000 boardings and departures.
ALBANY, N.Y.-- New York regulators say utilities won't have any problem supplying natural gas this winter and consumers can expect a price break. The Public Service Commission said Thursday there's enough gas and delivery capacity to meet the demands of a severe winter. There are almost 4 million natural gas heating customers in New York.