CBO projects slow growth in 2013
WASHINGTON, Feb. 5 (UPI) — The Congressional Budget Office says U.S. economic growth “will remain slow” in 2013 due in part to budgetary changes “scheduled to occur under current law.” In a
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WASHINGTON, Feb. 5 (UPI) — The Congressional Budget Office says U.S. economic growth “will remain slow” in 2013 due in part to budgetary changes “scheduled to occur under current law.” In a
CHARLOTTE, N.C., Feb. 5 (UPI) — The U.S. military has awarded $510 million in contracts to Babcock & Wilcox Nuclear Operations Group Inc. for components and services to defense projects. The Babcock
NEW YORK, Feb. 5 (UPI) — The Dow Jones industrial average closed higher Tuesday, following an equities rebound in Europe. By close of trading on Wall Street, the Dow added 99.22 points
CHICAGO, Feb. 5 (UPI) — Grain futures prices were mixed on the Chicago Board of Trade Tuesday with the dollar index flat on the International Exchange. Corn was off 4 3/4 to
WASHINGTON, Feb. 4 (UPI) — A U.S. health advocacy group Monday urged limiting the use of herbicides on genetically engineered crops, saying the technology is unsustainable. The Center for Science in the
By JIM ALGAR Research in Motion, desperate to turn around its flagging fortunes, has laid the chips on the table for it final wager in the form of two new BlackBerry smartphones,
WASHINGTON, Feb. 4 (UPI) — U.S. factory orders for manufactured goods rose in December, but fell short of gains economists had expected, the Census Bureau said Monday. New orders were up by
NEW YORK, Feb. 4 (UPI) — The U.S. government has plans to file charges against credit rating firm Standard & Poor’s for misleading bond ratings, sources told The Wall Street Journal. State
By ANTHONY HALL Asking how Tim Geithner did as the U.S. treasury secretary, one week after he has stepped down, is a question of tone and detail. In the first place, there
NEW YORK, Feb. 4 (UPI) — The Dow Jones industrial average ducked under 14,000 Monday after closing above the psychological benchmark Friday. Friday marked the Dow’s highest close since Oct.12, 2007. But
CHICAGO, Feb. 4 (UPI) — Grain futures prices were mixed on the Chicago Board of Trade Monday on a light trading day. Corn was 1 1/4 to off 1 3/4, soybeans were
WASHINGTON, Feb. 3 (UPI) — The United States and Mexico have reached a tentative agreement to avoid a cross-border tomato trade war, officials in both countries said. The deal was prompted by
MENLO PARK, Calif., Feb. 1 (UPI) — Facebook has announced it will sell gift cards redeemable in the real world at retailers such as Jamba Juice, Olive Garden, Sephora and Target. The
WASHINGTON, Feb. 2 (UPI) — The U.S. Federal Trade Commission said software developers for mobile devices should adopt stronger policies to safeguard the privacy of individuals. In a non-binding staff report approved
WASHINGTON, Feb. 3 (UPI) — An advisory panel to the U.S. Securities and Exchange Commission recommended Friday a stock exchange be created exclusively for high-end investors. The panel, the advisory committee on
BRYAN, Ohio, Feb. 2 (UPI) — Andre Cassagnes, the French inventor who created the Etch A Sketch drawing toy in the 1950s, has died, a company official says. He was 86. NBC
IRVINE, Calif., Feb. 3 (UPI) — Home foreclosures across the United States declined in December, extending a critical component of the housing recovery, a mortgage tracking firm said. The 19.5 percent decline
SAN FRANCISCO, Feb. 2 (UPI) — Twitter said this week’s security breach involving 250,000 of the social website’s accounts was similar to other attacks on U.S. companies. Twitter said the attacks —
NEW YORK, Feb. 1 (UPI) — The Dow Jones industrial average closed above the 14,000 mark for the first time in more than five years Friday on reports about U.S. jobs and
CHICAGO, Feb. 1 (UPI) — Grain futures prices were mostly lower on the Chicago Board of Trade despite a soaring euro and less than ideal weather in Argentina. Corn was off 4
DUBLIN, Ireland, Feb. 1 (UPI) — Fast food restaurant Burger King said it has terminated its relationship with a European supplier after finding trace amounts of horse meat in beef patties. The
WASHINGTON, Jan. 31 (UPI) — Long-term U.S. mortgage rates rose in the week that ended Thursday, with the incline defining a new trend, the Federal Home Loan Mortgage Corp. said. In the
NEW YORK, Jan. 31 (UPI) — U.S. stock indexes closed lower Thursday after the Labor Department said first-time unemployment benefit claims rose in the week that ended Saturday. With a four-week stock
NEW YORK, Jan. 31 (UPI) — The price of crude oil held above $97 per barrel overnight in New York, dropping slightly on the prospects of softer demand. NYMEX West Texas Intermediate
WASHINGTON, Jan. 30 (UPI) — The U.S. Internal Revenue Service is hiring new workers more quickly, in part because of automation and improved control of the process, an audit found. The Treasury
WASHINGTON, Jan. 30 (UPI) — Costs are rising for the so-called sandwich generation, middle-age Americans with aging parents who also are raising children, U.S. researchers said. A Pew Research Center report on
CHICAGO, Jan. 30 (UPI) — Grain futures closed higher Wednesday on the Chicago Board of Trade with the dollar index off 0.38 percent to 79.27 on the International Exchange. Corn was up
NEW YORK, Jan. 30 (UPI) — U.S. stock indexes slid to the close Wednesday after the government said the economy shrank in the fourth quarter of 2012. The advance figure released by
NEW YORK, Jan. 30 (UPI) — The price of crude oil pushed higher Wednesday, adding 80 cents to $97.96 per barrel in New York. NYMEX crude oil is near a four-month high.
WASHINGTON, Jan. 29 (UPI) — The U.S. home ownership rate dropped in the fourth quarter of 2012, matching the lowest percentage since early 1997, the Census Bureau said Tuesday. The home ownership
GUANGZHOU, China, Jan. 26 (UPI) — U.S. technology giant Apple says it found 11 international factories involved in the production of its products used child labor in 2012. An internal report found
CHICAGO, Jan. 24 (UPI) — A fancy title is not anywhere near the top on the list of concerns that workers indicate would keep them on the job, a survey of U.S.
NEW YORK, Jan. 25 (UPI) — Verizon Wireless says it is selling some spectrum to AT&T for $1.9 billion as U.S. carriers scramble for bandwidth to carry increasing smartphone data traffic. Verizon
NEW YORK, Jan. 26 (UPI) — Shares of U.S. technology innovator Apple dropped Friday, pushing the value of the firm from first to second place behind Exxon Mobil, stock data shows. For
KANSAS CITY, Kan., Jan. 26 (UPI) — Google’s use of Kansas City, Kan., as a high-speed Internet test case has already proven itself, a Kansas City, Mo., official said. “This is exactly
Forest City, Iowa –Waldorf College has hired Bob Mattson of Oglesby, Ill. as the director of institutional research and assessment. “We’ve collected a lot of information about demographics, retention, and other areas
NEW YORK, Jan. 24 (UPI) — An index of U.S. manufacturing activity showed a strong improvement in January, a research firm said Thursday. Markit Economics said the manufacturing sector’s Purchasing Managers Index
WASHINGTON, Jan. 24 (UPI) — The U.S. Labor Department said first-time jobless benefits claims dropped by 5,000 in the week that ended Saturday. Initial claims for unemployment benefits reached pre-recession levels in
NEW YORK, Jan. 24 (UPI) — The U.S. index of leading economic indicators rose 0.5 percent in December, a relatively sharp jump for the index, the Conference Board said Thursday. The Leading
WASHINGTON, Jan. 24 (UPI) — The Census Bureau said Thursday women 65 years old or older made up the fastest growing segment of the U.S. workforce. From 1990 to 2010, women 65