Wholesale prices down

A big decline in gas and energy costs drove a measure of U.S. wholesale prices lower in April. Outside that drop, prices barely rose.
The Labor […]

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Oil falls to near $96 as US crude supplies grow

Oil prices fell to near $96 a barrel Thursday in Asia after U.S. crude supplies rose to a 22-year high, suggesting demand remains weak.
Benchmark oil […]

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Reliance swings to profit in first quarter

Reliance Bancshares Inc. swung to a profit in the first quarter, boosted by a $2.5 million-gain from the sales of investment securities.
The bank holding company […]

World Bank Assesses Myanmar

The World Bank is helping assess Myanmar

AEP 1Q profit rises 10 percent

American Electric Power says its first-quarter earnings rose 10 percent on growing industrial demand and higher rates that offset lower power use during an extremely […]

Virgin: 4 injured in Gatwick emergency landing

Virgin Atlantic Airways said four people suffered minor injuries after a plane bound from Britain to Florida made an emergency landing at London’s Gatwick Airport […]

Geithner: Romney claim on job losses ‘ridiculous’

Treasury Secretary Timothy Geithner says a claim by Mitt Romney about disproportionate job losses by women during the Obama administration is “misleading and ridiculous.”
Romney said […]

Global growth worries push yields to 4-week lows

U.S. Treasury debt prices rose on Tuesday, pushing benchmark yields below 2 percent for the first time in over four weeks as worries about […]

Stocks battered Fed’s wait-and-see stance

Stocks around the world took a pounding Wednesday as investors pared back any remaining expectations that the Federal Reserve would be pumping more money into […]