Sunday, March 26, 2017

Business News

Federal Reserve Chair Janet Yellen speaks at the Federal Reserve System Community Development Research Conference in Washington, Thursday, March 23, 2017. (AP Photo/Cliff Owen)

BY MARTIN CRUTSINGER WASHINGTON (AP) — A new Federal Reserve survey has found that children who grew up in poverty were twice as likely to struggle with financial challenges later ...
Securities and Exchange Commission (SEC) Chairman nominee Jay Clayton is sworn-in on Capitol Hill in Washington, Thursday, March 23, 2017, prior to testifying at his confirmation hearing before the Senate Banking Committee. (AP Photo/Pablo Martinez Monsivais)

BY MARCY GORDON WASHINGTON (AP) — President Donald Trump’s nominee to lead the Securities and Exchange Commission, attorney Jay Clayton, sought to assure lawmakers that he’ll show no favoritism and ...
In this Monday, April 4, 2016, file photo, a Virgin America plane taxis past an Alaska Airlines plane waiting at a gate, at Seattle-Tacoma International Airport in Seattle. (AP Photo/Ted S. Warren, File)

BY DAVID KOENIG DALLAS (AP) — After months of teasing, Alaska Airlines has bad news for loyal customers of Virgin America — their airline’s name is being dumped. Alaska announced ...
In this Jan. 8, 2015, file photo, new homes are under construction and for sale in Charlotte, N. Carolina. (AP Photo/Chuck Burton, File)

BY CHRISTOPHER S. RUGABER and JOSH BOAK WASHINGTON (AP) — Americans responded to higher mortgage rates by snapping up new homes in February at the fastest pace since July. New-home ...
This April 22, 2014, file photo shows an employment application form on a table at a job fair in Hudson, New York. (AP Photo/Mike Groll, File)

BY CHRISTOPHER S. RUGABER WASHINGTON (AP) — Middle-age white Americans with limited education are increasingly dying younger, on average, than other middle-age U.S. adults, a trend driven by their dwindling ...
This April 22, 2014, file photo shows an employment application form on a table during a job fair at Columbia-Greene Community College in Hudson, New York. (AP Photo/Mike Groll, File)

BY CHRISTOPHER S. RUGABER WASHINGTON (AP) — More people sought U.S. unemployment benefits last week, but applications are still at a low level that points to a healthy job market. ...
Soft drink and soda bottles are displayed in a refrigerator at El Ahorro market in San Francisco, Wednesday, Sept. 21, 2016. (AP Photo/Jeff Chiu)

PHILADELPHIA (AP) — Philadelphia’s new tax on sweetened beverages is exceeding expectations. Figures released Thursday by the city’s Department of Revenue show the tax brought in $6.4 million in February. ...
A man walks past an electronic stock indicator of a securities firm in Tokyo, Thursday, March 23, 2017. (AP Photo/Shizuo Kambayashi)

BY ELAINE KURTENBACH TOKYO (AP) — Global stocks were mixed Thursday, as investors awaited a vote in the U.S. Congress on health care legislation that is seen as a bellwether ...
Starbucks CEO Howard Schultz speaks at the Starbucks annual shareholders meeting, Wednesday, March 22, 2017, in Seattle. (AP Photo/Elaine Thompson)

BY CANDICE CHOI NEW YORK (AP) — Starbucks CEO Howard Schultz presided over his last annual shareholder meeting as head of the company Wednesday by standing by its pledge to ...
The Nike logo appears above the post where it trades on the floor of the New York Stock Exchange, Wednesday, March 22, 2017. (AP Photo/Richard Drew)

BY MARLEY JAY NEW YORK (AP) — After a shaky start, U.S. stocks finished mostly higher Wednesday as technology and industrial companies rose. Banks fell with interest rates as the ...
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