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Top News & Analysis United States

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  • Ann E. Harris, of Monongahela, helped funnel the money into the 33,000- square-foot mansion in Sewickley, a $260,000 Ferrari and a $237,000 down payment on a swimming pool, according to a conspiracy charge filed Thursday by federal prosecutors in Pittsburgh. The person is described as the controlling officer of Automated Health Systems Inc., a suburban...

  • MASSACHUSETTS SECRETARY OF THE COMMONWEALTH GALVIN SAYS HAS ASKED BNY MELLON, MUTUAL FUNDS HOW GLITCH AFFECTED INVESTORS.

  • WASHINGTON— Young workers ended the summer with more jobs. The unemployment rate for people ages 20 to 24 fell to 8.9 percent, the lowest level since April 2008. The data for various demographic groups came from a survey of households that is part of the Labor Department's monthly jobs report.

  • CAPE CANAVERAL, Fla.— Boeing already has the Dreamliner. Rick Scott, NASA and Boeing officials, and a bevy of former astronauts, gathered at NASA's Kennedy Space Center to celebrate the grand opening of Boeing's commercial crew and cargo processing facility. Boeing is one of two private U.S. companies contracted by NASA to transport space station astronauts from...

  • GUATEMALA CITY, Sept 4- In a series of meetings that began early this year, the U.S. government pressured Guatemala's then-President Otto Perez to rid his administration of corrupt officials and to renew the mandate of a U.N. Commission charged with investigating corruption in Guatemala, according to officials with direct knowledge of the talks.

  • NEW YORK/ RICHMOND, Va., Sept 4- The latest U.S. jobs report was not definitively good or bad enough to help the Federal Reserve decide whether to raise interest rates later this month, leaving the decision hanging on volatility in financial markets over the next couple of weeks. "With this jobs report... the Fed finds itself in a real uncertainty jam when it comes to a...

  • PROVIDENCE, R.I.— Scientists are using submersibles to explore a German U-boat sunk 7 miles off the Rhode Island coast the day before Nazi Germany surrendered in World War II, and they're streaming the attempts online as they work to learn more about shipwrecks and how they affect the environment. The submarine, U-853, was sunk in the Battle of Point Judith by Coast...

  • NEW YORK, Sept 4- Global equity markets tumbled and the dollar traded mixed on Friday after a U.S. jobs report for August kindled uncertainty over whether the Federal Reserve will raise interest rates in two weeks. The headline number of a less-than-expected increase of 173,000 in non-farm payrolls was offset by the generally strong Labor Department report.

  • *Next week's USDA report in view. WINNIPEG, Manitoba, Sept 4- Chicago wheat edged higher after touching a five-year low on Friday, and corn steadied as investors covered short positions in both grains after recent declines. The modest bounce for grains was due after recent lows, as traders tried to avoid selling too aggressively before next Friday's monthly U.S....

  • *Caterpillar falls after broker downgrade. Sept 4- U.S. stocks fell in late morning trading on Friday as a mixed August jobs report did little to quell investor anxiety over the timing an interest rate increase. "With this jobs report, in which below-expectation job creation in August is offset by several factors- including a lower unemployment rate, prior...

  • MINNEAPOLIS— A quiet Minneapolis neighborhood has been roiled by the BNSF Railway's sudden plan to expand its track system. The abrupt development illustrates the power of the railroads, which aren't subject to the local approval process that can bog down other big projects, the Star Tribune reported Friday. "It's not new traffic in the area," BNSF spokeswoman...

  • NEW YORK— The art collection of celebrated writer and civil rights activist Maya Angelou is heading to auction this month. It's a work by African-American artist Faith Ringgold titled "Maya's Quilt of Life" that was commissioned by Oprah Winfrey for Angelou's 69th birthday in 1989. It depicts Angelou surrounded by flowers along with excerpts from some of her...

  • NEW YORK, Sept 4- The dollar stood mixed on Friday as data showing U.S. unemployment in August at its lowest since 2008 did little to clear away currency markets' uncertainties over whether the Federal Reserve will raise rates later this month. Average hourly earnings increased 8 cents, the biggest rise since January, and the workweek rose to 34.6 hours.

  • NEW YORK— A Transportation Security Administration screener has been charged with stealing a passenger's $7,000 diamond watch from a plastic bin at a Kennedy Airport security checkpoint. The Brooklyn resident was arraigned Thursday night in Queens on charges of grand larceny and official misconduct. The case was announced Friday by Queens District...

  • CHICAGO— Grain futures were mostly higher in early trading Friday on the Chicago Board of Trade. Wheat for December delivery gained. 50 cent to $4.5720 a bushel; December corn was 1.25 cents higher at $3.6260 a bushel; December oats were 1.25 cent higher at 2.24 a bushel; while November soybeans lost. 50 cent to 8.6860 a bushel. October live cattle was. 63 cent lower at...

  • *Mindful of craft beer growth, Diageo and Pernod respond. LONDON, Sept 4- Small, independent distillers are popping up and taking market share but liquor giants like Diageo and Pernod Ricard say barriers to entry and the range of spirits already available will limit their impact. "The U.S. spirits market faces a growing threat of substitution," analysts at Credit...

  • MINEOLA, N.Y.— A federal judge has struck down as unconstitutional a suburban New York town's law banning day laborers from soliciting for work on public sidewalks, declaring its broad application could affect children selling lemonade in their driveway. U.S. District Court Judge Denis Hurley said in a ruling Thursday that Oyster Bay's law violates the First...

  • NEW YORK, Sept 4- Crude futures fell alongside stocks on Wall Street on Friday as the oil market awaited a weekly reading on the U.S. oil rig count, after jobs data from the world's No. 1 economy failed to provide much direction. "There's a sell off in both energy and equity futures," noted David Thompson, executive vice-president at Powerhouse, an energy-specialized...

  • NEW YORK, Sept 4- U.S. medium- and long-dated Treasuries prices rose on Friday, while short-dated prices were slightly lower, after U.S. monthly employment data supported the perception that the U.S. Nonfarm payrolls increased 173,000 last month as the manufacturing sector lost the most jobs since July 2013, the Labor Department said on Friday.

  • WASHINGTON, Sept 4- U.S. job growth slowed in August, but the unemployment rate dropped to a near 7-1/ 2- year low and wages accelerated, keeping alive prospects of a Federal Reserve interest rate hike later this month. Nonfarm payrolls increased 173,000 last month after an upwardly revised gain of 245,000 in July, the Labor Department said on Friday.