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  • WASHINGTON— Fewer Americans applied for unemployment benefits last week in a sign of a stable job market despite the slowing global economy hitting stocks and commodities. THE NUMBERS: Weekly applications for jobless aid fell 16,000 to a seasonally adjusted 269,000, the Labor Department said Thursday. KEY DRIVERS: The domestic economy appears to have...

  • WASHINGTON— Weekly applications for US unemployment benefits fall to 269,000, a positive sign for hiring.

  • Many others will be covered under Medicaid, which funds care only in cases where a patient's assets have been almost completely spent. Congress has not addressed the problem, partly due to the highly polarized atmosphere surrounding health policy. In the debate about long-term care, the right wants private-market insurance solutions, while the left...

  • WASHINGTON— State and local governments would be permanently barred from taxing access to the Internet under a bipartisan compromise that Congress is a step away from sending to President Barack Obama. Since 1998, in the Internet's early days, Congress has passed a series of bills temporarily prohibiting state and local governments from imposing the types...

  • SEOUL, South Korea— Stocks shuddered again Thursday, led by a sharp drop in Hong Kong as it caught up with global market turmoil after Lunar New Year holidays. ANALYST'S TAKE: "What started in January as mainly China based worries has clearly broadened back out to concerns about global growth," said Shane Oliver, chief economist at AMP Capital in Sydney.

  • WASHINGTON— What's likely keeping Janet Yellen up at night? Everything from market volatility to weak overseas growth to a high-priced dollar that's made U.S. exports pricier and imports cheaper, judging from the Fed chair's testimony Wednesday to Congress. In her semiannual report to Congress, Yellen spent most of her time discussing the risks to the U.S....

  • *Japan on holiday, South Korea stocks resume with sharp loss. SYDNEY, Feb 11- Asian shares sputtered on Thursday as U.S. Federal Reserve Chair Janet Yellen's tone of guarded optimism led to an indecisive finish for Wall Street and further weakness for the dollar.

  • LONDON- Bank of England deputy governors, Jon Cunliffe and Andrew Bailey, to appear at Lords committee on euro zone financial system- 1130 GMT. SYDNEY- Reserve Bank of Australia Governor Glenn Stevens appears before the House of Representatives' Standing Committee on Economics in his twice yearly parliamentary testimony- 2230 GMT. WASHINGTON- Federal Reserve...

  • CHICAGO, Feb 10- Bankrupt coal miner Arch Coal Inc has reached a deal with the state of Wyoming that will provide it with temporary relief from liability for millions of dollars in future cleanup costs for coal mines, according to court documents. Arch said in a court filing that the state of Wyoming and the Wyoming Department of Environmental Quality have agreed...

  • WASHINGTON, Feb 10- The U.S. Senate voted unanimously on Wednesday to toughen sanctions on North Korea over its nuclear program, human rights record and cyber activities, as U.S. lawmakers sought to crack down on Pyongyang for its nuclear tests. Lawmakers said they wanted to make Washington's resolve clear not just to Pyongyang, but to the United Nations and other...

  • NEW DELHI, Feb 11- India, concerned at being sidelined from the U.S.-led Trans-Pacific Partnership, is stepping up efforts to reach agreement with an alternative trade bloc centred around China, and hopes to reach a deal this year. Prime Minister Narendra Modi has backed an export-focused' Make in India' drive as the path to prosperity for Asia's third-largest...

  • Vanda reports 4Q loss 15 Hours Ago

    WASHINGTON _ Vanda Pharmaceuticals Inc. on Wednesday reported a fourth-quarter loss of $14.8 million, after reporting a profit in the same period a year earlier. The Washington- based company said it had a loss of 35 cents per share. For the year, the company reported a loss of $39.9 million, or 94 cents per share, swinging to a loss in the period.

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • WASHINGTON— A Senate panel voted on Wednesday to hold the classified advertising website Backpage.com in civil contempt for failing to comply with a congressional subpoena into how it screens ads for possible sex trafficking. The full Senate must vote on the resolution. Senate approval would mark the first time in two decades the chamber has voted to hold...

  • WASHINGTON— The Obama administration asserted Wednesday that a Supreme Court order delaying enforcement of its new clean-power rules will ultimately have little impact on meeting the nation's obligations under the recent Paris climate agreement. They are concerned that any significant pause in implementing mandated reductions in carbon dioxide...

  • The same conservatives who forced John Boehner out as speaker are making life difficult for Ryan, signaling they'll refuse to vote for an upcoming GOP budget plan that endorses the higher spending numbers from last year. The Wisconsin Republican has built a congressional career as the Republican Party's budget savant, but Ryan is perhaps in his career's most...

  • The Treasury Department said Wednesday that the surplus marked an improvement from January 2015 when the government recorded a small deficit of $17.5 billion. Both the Obama administration and the Congressional Budget Office are forecasting this year's deficit to top last year's imbalance of $439.1 billion. The CBO projects that the deficit will keep...

  • WASHINGTON— Fed Chair Janet Yellen testifies to Senate committee on monetary policy, 10 a.m. Eastern. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m..

  • Feb 10- Government tests show some types of laminate flooring sold by Lumber Liquidators Holdings LLC can cause irritation and breathing problems but the risk of cancer from exposure is low, a federal agency said on Wednesday. Lumber Liquidators' sales and shares were hammered after the CBS program "60 Minutes" reported in March last year that the laminates from...

  • NEW YORK, Feb 10- Stock indexes worldwide rebounded on Wednesday after concerns eased about the banking sector and Federal Reserve Chair Janet Yellen said the U.S. central bank has plenty of flexibility to adjust monetary policy if needed. Yellen's testimony to Congress boosted sentiment. "What Yellen said has been taken positively," said Richard Sichel, chief...