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Surging stock market powers US wealth to $96.2 trillion Posted: Thursday, September 21, 2017 12:25 PM EDT Updated: Thursday, September 21, 2017 1:45 PM EDT
News 16 hours ago
Surging stock market powers US wealth to $96.2 trillion Posted: Thursday, September 21, 2017 12:25 PM EDT Updated: Thursday, September 21, 2017 1:45 PM EDT

By CHRISTOPHER S. RUGABERAP Economics Writer WASHINGTON (AP)- A healthy gain in the stock market and steadily increasing home prices boosted...

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US home sales off 1.7 pct., hurt by Harvey and low supply Posted: Wednesday, September 20, 2017 10:15 AM EDT Updated: Wednesday, September 20, 2017 7:56 PM EDT
News 1 day ago
US home sales off 1.7 pct., hurt by Harvey and low supply Posted: Wednesday, September 20, 2017 10:15 AM EDT Updated: Wednesday, September 20, 2017 7:56 PM EDT

By JOSH BOAKAP Economics Writer WASHINGTON (AP)- U.S. home sales fell 1.7 percent in August, pulled down by the effects of Hurricane Harvey and a...

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Toys R Us joins bankruptcy list as Amazon exerts influence Posted: Tuesday, September 19, 2017 3:02 AM EDT Updated: Wednesday, September 20, 2017 12:13 AM EDT
News 2 days ago
Toys R Us joins bankruptcy list as Amazon exerts influence Posted: Tuesday, September 19, 2017 3:02 AM EDT Updated: Wednesday, September 20, 2017 12:13 AM EDT

By ANNE D'INNOCENZIORetail Writer NEW YORK (AP)- In filing for bankruptcy, Toys R Us joins a list of dozens of store chains that have done so...

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Amazon just showed us what really happens when robots replace jobs Updated: Tuesday, September 19, 2017 12:28 PM EDT
News 2 days ago
Amazon just showed us what really happens when robots replace jobs Updated: Tuesday, September 19, 2017 12:28 PM EDT

There are as many opinions about jobs and artificial intelligence as there are people who have them. A Vanguard global economist recently said AI...

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Toys 'R' Us files for bankruptcy, but keeps stores open Posted: Tuesday, September 19, 2017 3:02 AM EDT Updated: Tuesday, September 19, 2017 9:05 AM EDT
News 2 days ago
Toys 'R' Us files for bankruptcy, but keeps stores open Posted: Tuesday, September 19, 2017 3:02 AM EDT Updated: Tuesday, September 19, 2017 9:05 AM EDT

By ANNE D'INNOCENZIO and BILL CORMIERAssociated Press NEW YORK (AP)- Toys 'R' Us, the big box toy retailer struggling with $5 billion in debt and...

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US homebuilder sentiment falls in September Posted: Monday, September 18, 2017 10:11 AM EDT Updated: Monday, September 18, 2017 5:22 PM EDT
News 3 days ago
US homebuilder sentiment falls in September Posted: Monday, September 18, 2017 10:11 AM EDT Updated: Monday, September 18, 2017 5:22 PM EDT

By ALEX VEIGAAP Business Writer U.S. homebuilders are feeling less optimistic about their sales prospects, reflecting concerns that rebuilding...

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American household income finally topped 1999 peak last year Posted: Tuesday, September 12, 2017 3:39 PM EDT Updated: Tuesday, September 12, 2017 7:57 PM EDT
News 1 week ago
American household income finally topped 1999 peak last year Posted: Tuesday, September 12, 2017 3:39 PM EDT Updated: Tuesday, September 12, 2017 7:57 PM EDT

By CHRISTOPHER RUGABERAP Economics Writer WASHINGTON (AP)- In a stark reminder of the damage done by the Great Recession and of the modest recovery...

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Floridians say online retailers let them down ahead of Irma Posted: Saturday, September 9, 2017 3:37 PM EDT Updated: Saturday, September 9, 2017 3:48 PM EDT
News 1 week ago
Floridians say online retailers let them down ahead of Irma Posted: Saturday, September 9, 2017 3:37 PM EDT Updated: Saturday, September 9, 2017 3:48 PM EDT

By ADRIANA GOMEZ LICONAssociated Press MIAMI (AP)- Maya Kogul was in California when Hurricane Irma began twirling toward Florida. She knew stores...

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Amazon hunting for 2nd home, cities start lining up to apply Posted: Thursday, September 7, 2017 6:45 AM EDT Updated: Friday, September 8, 2017 3:36 AM EDT
News 2 weeks ago
Amazon hunting for 2nd home, cities start lining up to apply Posted: Thursday, September 7, 2017 6:45 AM EDT Updated: Friday, September 8, 2017 3:36 AM EDT

By JOSEPH PISANIAP Business Writer NEW YORK (AP)- Amazon, bursting out of its Seattle headquarters, is hunting for a second home. Must haves: A...

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Prime real estate: Amazon looks for 2nd headquarters Posted: Thursday, September 7, 2017 6:45 AM EDT Updated: Thursday, September 7, 2017 8:38 AM EDT
News 2 weeks ago
Prime real estate: Amazon looks for 2nd headquarters Posted: Thursday, September 7, 2017 6:45 AM EDT Updated: Thursday, September 7, 2017 8:38 AM EDT

By JOSEPH PISANIAP Business Writer NEW YORK (AP)- Amazon is on the hunt for a second home. The e-commerce giant said Thursday that it will spend...

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Katharine Hepburn's Connecticut home sells for $11.5 million Posted: Thursday, August 31, 2017 7:32 PM EDT Updated: Friday, September 1, 2017 9:32 AM EDT
News 2 weeks ago
Katharine Hepburn's Connecticut home sells for $11.5 million Posted: Thursday, August 31, 2017 7:32 PM EDT Updated: Friday, September 1, 2017 9:32 AM EDT

OLD SAYBROOK, Conn. (AP)- The late actress Katharine Hepburn's home along the Connecticut shore has sold for $11.5 million after several years on...

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US home prices surge in June, led by Seattle Posted: Tuesday, August 29, 2017 9:10 AM EDT Updated: Wednesday, August 30, 2017 1:11 AM EDT
News 3 weeks ago
US home prices surge in June, led by Seattle Posted: Tuesday, August 29, 2017 9:10 AM EDT Updated: Wednesday, August 30, 2017 1:11 AM EDT

By JOSH BOAKAP Economics Writer WASHINGTON (AP)- U.S. home prices climbed higher in June with gains that are eclipsing income growth- creating...

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Now at Whole Foods: Cheaper milk, 'farm fresh' Amazon Echo Posted: Monday, August 28, 2017 9:59 AM EDT Updated: Monday, August 28, 2017 7:20 PM EDT
News 3 weeks ago
Now at Whole Foods: Cheaper milk, 'farm fresh' Amazon Echo Posted: Monday, August 28, 2017 9:59 AM EDT Updated: Monday, August 28, 2017 7:20 PM EDT

By JOSEPH PISANIAP Business Writer NEW YORK (AP)- A half-gallon of milk was 50 cents cheaper at a Whole Foods in New York. Ground beef was down by ...

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Pace of US home sales in July reached lowest level of 2017 Posted: Thursday, August 24, 2017 10:16 AM EDT Updated: Thursday, August 24, 2017 12:07 PM EDT
News 4 weeks ago
Pace of US home sales in July reached lowest level of 2017 Posted: Thursday, August 24, 2017 10:16 AM EDT Updated: Thursday, August 24, 2017 12:07 PM EDT

By JOSH BOAKAP Economics Writer WASHINGTON (AP)- Americans retreated from buying homes in July as sales sank to their lowest level of the year. The...

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US new-home sales fell in July, yet still ahead of last year Posted: Wednesday, August 23, 2017 10:16 AM EDT Updated: Wednesday, August 23, 2017 2:28 PM EDT
News 4 weeks ago
US new-home sales fell in July, yet still ahead of last year Posted: Wednesday, August 23, 2017 10:16 AM EDT Updated: Wednesday, August 23, 2017 2:28 PM EDT

By CHRISTOPHER S. RUGABERAP Economics Writer WASHINGTON (AP)- Sales of new U.S. homes plummeted 9.4 percent in July, the sharpest one-month drop in...

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Denver to start licensing first pot clubs, but few may apply Posted: Tuesday, August 22, 2017 3:17 PM EDT Updated: Tuesday, August 22, 2017 8:09 PM EDT
News 1 month ago
Denver to start licensing first pot clubs, but few may apply Posted: Tuesday, August 22, 2017 3:17 PM EDT Updated: Tuesday, August 22, 2017 8:09 PM EDT

By KRISTEN NICHOLSAssociated Press DENVER (AP)- Colorado's largest city is on the brink of licensing some of the nation's first legal marijuana...

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Want to live like a Trump? President's old home is on Airbnb Posted: Wednesday, August 9, 2017 10:53 AM EDT Updated: Wednesday, August 9, 2017 12:26 PM EDT
News 1 month ago
Want to live like a Trump? President's old home is on Airbnb Posted: Wednesday, August 9, 2017 10:53 AM EDT Updated: Wednesday, August 9, 2017 12:26 PM EDT

NEW YORK (AP)- Want to live like a Trump? Now's your chance: The president's New York City boyhood home is on Airbnb. The 1940 Tudor-style house in...

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McDonald's plans to nearly double restaurants in China Posted: Tuesday, August 8, 2017 9:33 AM EDT Updated: Tuesday, August 8, 2017 11:14 AM EDT
News 1 month ago
McDonald's plans to nearly double restaurants in China Posted: Tuesday, August 8, 2017 9:33 AM EDT Updated: Tuesday, August 8, 2017 11:14 AM EDT

By JOSEPH PISANIAP Business Writer NEW YORK (AP)- McDonald's will nearly double the number of restaurants in China in the next five years,...

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Cannabis company plans to turn desert town into pot paradise Posted: Friday, August 4, 2017 3:40 AM EDT Updated: Friday, August 4, 2017 9:51 AM EDT
News 1 month ago
Cannabis company plans to turn desert town into pot paradise Posted: Friday, August 4, 2017 3:40 AM EDT Updated: Friday, August 4, 2017 9:51 AM EDT

By JOHN LOCHER and JOHN ROGERSAssociated Press NIPTON, Calif. (AP)- Now that one of the nation's largest cannabis companies has bought the entire...

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Apple drives Dow above 22,000 even as other stocks struggle Posted: Wednesday, August 2, 2017 10:19 AM EDT Updated: Wednesday, August 2, 2017 10:45 PM EDT
News 1 month ago
Apple drives Dow above 22,000 even as other stocks struggle Posted: Wednesday, August 2, 2017 10:19 AM EDT Updated: Wednesday, August 2, 2017 10:45 PM EDT

By MARLEY JAYAP Markets Writer NEW YORK (AP)- Being the world's most valuable public company has its privileges, like getting almost all the credit...

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Amazon, in sign of growth, holds job fair for US warehouses Posted: Wednesday, August 2, 2017 3:29 AM EDT Updated: Wednesday, August 2, 2017 4:51 AM EDT
News 1 month ago
Amazon, in sign of growth, holds job fair for US warehouses Posted: Wednesday, August 2, 2017 3:29 AM EDT Updated: Wednesday, August 2, 2017 4:51 AM EDT

By MATT O'BRIENAP Technology Writer FALL RIVER, Mass. (AP)- Amazon is holding a giant job fair Wednesday and plans to make thousands of job offers...

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Amazon and Foxconn reflect a growing trend: Deliver it now Posted: Thursday, July 27, 2017 3:28 AM EDT Updated: Thursday, July 27, 2017 10:04 AM EDT
News 1 month ago
Amazon and Foxconn reflect a growing trend: Deliver it now Posted: Thursday, July 27, 2017 3:28 AM EDT Updated: Thursday, July 27, 2017 10:04 AM EDT

By PAUL WISEMAN and JOSH BOAKAP Economics Writers WASHINGTON (AP)- In today's economy, speed is everything. Amazon's plans to add 50,000 jobs at a...

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Whole Foods' key sales dip shows Amazon buying a fixer-upper Posted: Wednesday, July 26, 2017 2:08 PM EDT Updated: Wednesday, July 26, 2017 3:33 PM EDT
News 1 month ago
Whole Foods' key sales dip shows Amazon buying a fixer-upper Posted: Wednesday, July 26, 2017 2:08 PM EDT Updated: Wednesday, July 26, 2017 3:33 PM EDT

AUSTIN, Texas (AP)- Amazon is set to have a fixer-upper on its hands, with Whole Foods reporting another key sales decline. The grocery chain said...

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Now hiring at Amazon: Thousands of people in 1 day Posted: Wednesday, July 26, 2017 9:28 AM EDT Updated: Wednesday, July 26, 2017 3:32 PM EDT
News 1 month ago
Now hiring at Amazon: Thousands of people in 1 day Posted: Wednesday, July 26, 2017 9:28 AM EDT Updated: Wednesday, July 26, 2017 3:32 PM EDT

By JOSEPH PISANIAP Business Writer NEW YORK (AP)- Amazon plans to make thousands of job offers in just one day as it holds a giant job fair next...

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Concerns increase in Wisconsin over deal for Foxconn plant Posted: Tuesday, July 25, 2017 1:36 PM EDT Updated: Tuesday, July 25, 2017 6:03 PM EDT
News 1 month ago
Concerns increase in Wisconsin over deal for Foxconn plant Posted: Tuesday, July 25, 2017 1:36 PM EDT Updated: Tuesday, July 25, 2017 6:03 PM EDT

By SCOTT BAUERAssociated Press MADISON, Wis. (AP)- Concerns are increasing among lawmakers and others in Wisconsin over what incentives the state...

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US home sales fell in June; would-be buyers can't find homes Posted: Monday, July 24, 2017 10:05 AM EDT Updated: Monday, July 24, 2017 11:36 AM EDT
News 1 month ago
US home sales fell in June; would-be buyers can't find homes Posted: Monday, July 24, 2017 10:05 AM EDT Updated: Monday, July 24, 2017 11:36 AM EDT

By JOSH BOAKAP Economics Writer WASHINGTON (AP)- Homebuyers faced surging prices and a shrinking number of properties for sale in June- causing the...

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Sports retailer stocks fall as Hibbett posts gloomy outlook Posted: Monday, July 24, 2017 11:35 AM EDT Updated: Monday, July 24, 2017 11:36 AM EDT
News 1 month ago
Sports retailer stocks fall as Hibbett posts gloomy outlook Posted: Monday, July 24, 2017 11:35 AM EDT Updated: Monday, July 24, 2017 11:36 AM EDT

NEW YORK (AP)- More bad news for sporting goods retailers: Hibbett, a chain with more than 1,000 stores, said it expects a key sales figure to fall...

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Today's Headlines: Housing Market: Good Or Bad From Your Perspective? Posted: Tuesday, June 27, 2017 10:08 PM EDT
News 2 months ago
Today's Headlines: Housing Market: Good Or Bad From Your Perspective? Posted: Tuesday, June 27, 2017 10:08 PM EDT

How's the Market?When will the housing market ever return to full health? Market fluctuations make that a difficult question to answer with...

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US retail sales fall for a 2nd month as consumers pull back Posted: Friday, July 14, 2017 8:41 AM EDT Updated: Saturday, July 15, 2017 11:25 AM EDT
News 2 months ago
US retail sales fall for a 2nd month as consumers pull back Posted: Friday, July 14, 2017 8:41 AM EDT Updated: Saturday, July 15, 2017 11:25 AM EDT

By JOSH BOAKAP Economics Writer WASHINGTON (AP)- Americans curtailed their shopping in June, with less spending at restaurants, department stores...

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How Burberry used a popular Chinese app to boost sales Posted: Wednesday, July 12, 2017 5:10 AM EDT Updated: Wednesday, July 12, 2017 5:42 PM EDT
News 2 months ago
How Burberry used a popular Chinese app to boost sales Posted: Wednesday, July 12, 2017 5:10 AM EDT Updated: Wednesday, July 12, 2017 5:42 PM EDT

By CAROLINE SPIEZIOAssociated Press LONDON (AP)- In a bid to reinvigorate sales in the massive Chinese market, British luxury fashion brand...

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