By STEVEN R. HURSTAssociated Press
WASHINGTON (AP) - The outcome of the hard-fought but still deadlocked presidential race between President Barack Obama and Republican challenger Mitt Romney will be decided Nov. 6 by a small percentage of voters in just nine states. That's because
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - The government's snapshot Friday of the U.S. economy's growth will be its last before Americans choose a president in 11 days.
It probably won't sway many undecided voters.
The first of three estimates of growth for the July-
By ELAINE KURTENBACHAP Business Writer
TOKYO (AP) - Japan's Cabinet approved a 423 billion yen ($5.3 billion) economic stimulus package on Friday, moving to fend off recession as the recovery in the world's third biggest economy falters.
The emergency spending package, which is double
By BRIAN BAKSTAssociated Press
ST. PAUL, Minn. (AP) - An election-eve terrorist strike. A tanking stock market. A stunner of a jobs report. An unscripted moment.
Democratic President Barack Obama and Republican rival Mitt Romney are on guard for anything that could push the presidential race
By The Associated Press
RATES TICK UP: Average U.S. rates on fixed mortgages rose slightly this week and continued to hover near record lows.
THE NUMBERS: The average rate on the 30-year mortgage edged up to 3.41 percent. Three weeks ago, the rate touched a record low 3.36 percent. The rate on
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - Average U.S. mortgage rates rose only slightly this week and continued to hover near record lows, a trend that has helped boost home sales and refinancing.
Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year fixed mortgage
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - The number of Americans who signed contracts to buy homes rose only slightly, suggesting sales may level off in the coming months after solid gains in the past year.
The National Association of Realtors said Thursday that its
By CHRISTOPHER S. RUGABER and MARTIN CRUTSINGERAP Economics Writers
WASHINGTON (AP) - Companies are holding off on purchases of computers, industrial equipment and other long-lasting manufactured goods, a trend that's slowing the U.S. economy.
A fourth straight month of lackluster corporate
By ROBERT BARRAssociated Press
LONDON (AP) - Ford pressed ahead Thursday with its plan to slash production in Europe, announcing another plant closure and 1,500 more job cuts, as it warned that annual losses in the region will exceed $1.5 billion this year and next.
Ford Motor Co. is struggling
By BARRY HATTONAssociated Press
LISBON, Portugal (AP) - Portugal's financial recovery program is entering a risky phase as it struggles to cut its heavy debt load amid a continuing recession, growing unemployment and mounting opposition to austerity measures, the International Monetary Fund