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House advances student loan fix
The days of fixed-rate student loans could be coming to a close, with House Republicans on Thursday advancing a proposal that would link rates to financial markets. The GOP-led House Education and the Workforce Committee sent to the full House a bill that would offer some students a better deal ...
Merkel, Hollande at odds over Europe's way forward
Germany and France recognize that their cooperation is key to overcoming Europe's persistent economic crisis, but comments Thursday by the leaders of the continent's No. 1 and 2 economies suggested they still have diverging priorities. French President Francois Hollande argued that the 17-nation eurozone should integrate more, calling for greater ...
Greek strikes halt air travel
Flights in Greece were halted for four hours Thursday as the country's two largest labor unions staged work stoppages to protest austerity measures and a government decision to cancel a teachers' strike. Flights resumed after being grounded between 12:00 and 4:00 p.m. (0900-1300 GMT), when air traffic controllers joined the ...
RBS to cut another 1,400 retail bank jobs in UK
Royal Bank of Scotland says it is cutting 1,400 jobs from its retail banking operations over the next two years. The bank says the latest round of cuts affects support staff. Around half of those affected are based in Edinburgh, and most of the rest are in London. The bank ...
US consumer prices fall 0.4 pct. on cheaper gas
A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, prices were largely unchanged. The consumer price index fell 0.4 percent in April from March, the Labor Department said Thursday. The ...
US jobless claims jump to highest level in 6 weeks
The number of Americans seeking unemployment benefits rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump came a week after applications had reached a five-year low. The less volatile four-week average rose just 1,250 to 339,250, the Labor Department said Thursday. That's a ...
Asia stocks mixed as Wall St. ignores euro gloom
Asian stock markets were mixed Thursday following dour European economic data that dampened hopes of a recovery there anytime soon. However, losses were limited by another record session on Wall Street. The European Union statistics office said Wednesday that nine of the 17 countries that use the euro are in ...
NC House OKs insurance mandate to cover autism
The state House wants to require North Carolina health insurance providers — including the plan for state employees and teachers — to cover the diagnosis and treatment of autism for children of their members. The chamber voted by a wide margin for the final bill Wednesday night that applies to ...
JPMorgan asks Bloomberg for privacy breach data
Lawyers for JPMorgan Chase & Co. are asking financial news and data company Bloomberg LP to turn over any records it has of reporters looking up the log-in and usage data of JPMorgan employees. A formal letter was sent this week, a person familiar with the matter said. The person ...
News from around Wisconsin at 5:28 a.m. CDT
Numbers drawn for $360M Powerball jackpot DES MOINES, Iowa (AP) — The winning numbers have been drawn for the $360 million Powerball jackpot. The winning numbers drawn Wednesday night: 2, 11, 26, 34, 41 and a Powerball of 32. The jackpot is considered the third largest in Powerball history and ...
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