By JIM KUHNHENN and PHILIP ELLIOTTAssociated Press
LACONIA, N.H. (AP) - His credibility under attack, Republican presidential hopeful Mitt Romney insisted on Friday that he had "no role whatsoever in the management" of a private equity firm after early 1999, and demanded that President Barack
By The Associated Press
EXTERNAL EFFECT: The Asian Development Bank cut its growth forecast for developing nations in Asia, citing Europe's worsening financial crisis and the sluggish recovery in the U.S. That reduces demand for the region's exports.
THE NUMBERS: The Manila-based lending
By EMOKE BEBIAKThe Associated Press
JOHANNESBURG (AP) - Archaeologists will stream live footage online as they recover significant parts of an early human skeleton that's nearly two million years old, the first time the public can participate in the discovery process from their homes, a South
By The Associated Press
RATES FALL: Average U.S. rates on fixed mortgages fell again this week to the lowest levels on record, giving buyers more incentive to brave the housing market.
THE NUMBERS: The rate on the 30-year loan dipped to 3.56 percent, mortgage buyer Freddie Mac says. That's
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell again to record lows, giving would-be buyers more incentive to brave the housing market.
Mortgage buyer Freddie Mac says the average rate on the 30-year loan fell to 3.56 percent. That's down from 3
By CHRISTOPHER S. RUGABER and TOM KRISHERAP Business Writers
WASHINGTON (AP) - The number of people seeking U.S. unemployment benefits plunged last week. But a big reason is that automakers have skipped some of their usual summer shutdowns to keep up with demand, causing fewer temporary auto
By TERESA CEROJANOAssociated Press
MANILA, Philippines (AP) - The Asian Development Bank cut growth forecast for developing Asia on Thursday, citing Europe's worsening financial crisis, sluggish recovery in the U.S. and slower growth in China and India.
The Manila-based lending institution
By SOPHIA TAREENAssociated Press
CHICAGO (AP) - U.S. Rep. Jesse Jackson Jr.'s disclosure that he is suffering from a "mood disorder" still leaves many questions about his secretive medical leave and whether the Illinois congressman has satisfied mounting calls to be more open about his
By ALEX VEIGAAP Real Estate Writer
LOS ANGELES (AP) - Banks are increasingly placing homes with unpaid mortgages on a countdown that could deliver a swell of new foreclosed properties onto the market by early next year, potentially weighing further on home values.
June provided the latest
By YOUKYUNG LEEAP Business Writer
SEOUL, South Korea (AP) - South Korea's central bank unexpectedly lowered its key interest rate on Thursday, urgently attempting to guard Asia's fourth-largest economy against Europe's persistent debt woes and slowing growth in China.
The Bank of