Economy

Survey says . . . most won’t sweat income tax deadline

One in four Americans waited until the end of tax season to file their returns and a majority think they pay about the right amount in federal taxes, according to a new McClatchy-Marist Poll released Monday, a day before the tax deadline. | 04/14/14 16:00:33 By - By Kevin G. Hall

To prevent data theft, businesses race to adopt new technology

Recent high-profile data breaches at Target and Neiman Marcus have accelerated plans by banks and retailers to implement technologies they say will prevent hackers from stealing consumers' account information. | 04/14/14 12:19:52 By - By Lindsay Wise

Ohio finds link between fracking and sudden burst of earthquakes

Ohio geologists have found a probable connection between fracking and a sudden burst of mild earthquakes last month in a region that had never experienced a temblor until recently, according to a state report. | 04/14/14 06:08:34 By - By PARESH DAVE

Whitefish shortage leaves many scrambling as Passover approaches

Fish markets typically spend this time of year preparing hundreds of pounds of whitefish for their Jewish customers to mix with onions and carrots for gefilte fish recipes handed down by grandmothers and mothers. | 04/14/14 06:06:57 By - By VIKKI ORTIZ HEALY

Treasury Sec warns on global risks

While all signs point to a firming U.S. economy, Treasury Secretary Jacob Lew painted a more uncertain picture Friday for the global growth outlook. | 04/11/14 11:15:27 By - By Kevin G. Hall

Did GM, like Toyota, hide its safety flaw from regulators, consumers?

General Motors’ lengthy delay in disclosing defective ignition switches, which are now blamed for at least 13 deaths, bears a striking similarity to Toyota Motor Corp.’s concealment of deadly acceleration problems in its automobiles that triggered a U.S. criminal investigation and $1.2 billion in fines for Toyota. | 04/10/14 18:48:20 By - By Greg Gordon

Community colleges think big; too big, say some universities

In a high-ceilinged classroom, bright sun poking through the blinds and reflecting off the whiteboard, eight students lug heavy textbooks to their desks and prepare for this afternoon’s lesson: | 04/10/14 10:49:19 By - By Jon Marcus

Communities not prepared for risks of crude oil train derailments, Congress told

Emergency response officials told a Senate subcommittee Wednesday that big cities and small towns alike are unprepared for a disaster on the scale of an oil train derailment and fire last year in Quebec that destroyed part of a town and killed 47 people. | 04/10/14 06:19:33 By - By Curtis Tate

Bill would have FDA decide on labeling genetically modified food

Kansas Rep. Mike Pompeo is pushing a bill in Congress that would shift responsibility for any labeling of genetically modified foods to the hands of the federal government, potentially stopping the efforts underway in many states to mandate labels on such foods. | 04/10/14 05:52:05 By - By Chris Adams

Skepticism wells up at Senate hearing on Comcast-Time Warner deal

A former U.S. Justice Department official warned at a Senate hearing Wednesday in Washington that the $45.2 billion merger of Comcast Corp. and Time Warner Cable Inc. would lead to a dangerously large corporation with "massive tentacles" in the pay-TV and Internet industries. | 04/10/14 06:05:56 By - By BOB FERNANDEZ

Release of Medicare doctor payments shows some huge payouts

Ending decades of secrecy, Medicare is showing what the giant health care program for seniors pays individual doctors, and the figures reveal that more than a dozen physicians received in excess of $10 million each in 2012. | 04/10/14 06:10:16 By - By CHAD TERHUNE, NOAM N. LEVEY AND DOUG SMITH

College athletes aren't alone in struggling to define work status

What do exotic dancers, Sleepy's mattress delivery men, graduate assistants, FedEx drivers, cleaning contractors, student interns, carpenters and college football players have in common? | 04/09/14 06:22:38 By - By JANE M. VON BERGEN

Employer insurance increasing as Obamacare rolls out, study finds

In addition to gains in insurance coverage as a direct result of the Affordable Care Act, the number of Americans covered by employer-provided insurance also has increased in the last year, according to newly released data from the Rand Corp. | 04/09/14 06:20:03 By - By DAVID LAUTER

IMF says global economic recovery is strengthening

Global economic growth should gain momentum this year, with the U.S. leading the way among developed countries and some long-depressed southern eurozone economies finally turning the corner, the International Monetary Fund predicted. | 04/09/14 06:22:38 By - By DON LEE

GM to face daily fines over late response to regulators' questions

The National Highway Traffic Safety Administration is fining General Motors Co. $7,000 per day until it responds to all questions the agency submitted to it last month regarding an ignition switch defect. | 04/09/14 06:20:03 By - By NATHAN BOMEY

Motorola defends contracting practices, dismisses McClatchy stories as containing ‘innuendo’

Motorola Solutions Inc. is rejecting as “innuendo” a series of stories in which McClatchy examined the company’s decades-long dominance of the nation’s emergency communications market. | 04/08/14 15:54:23 By - By Greg Gordon

Crude oil trains revive Philadelphia refineries but deliver new risks

Just a few years ago, the region’s refineries were on life support, hurt by high prices of oil imported from foreign countries. Now, they’re humming again with the daily deliveries of domestic crude in mile-long trains. | 04/08/14 07:28:52 By - By Curtis Tate

Tax deadline can spread panic, experts say

OK, procrastinators, here's a friendly reminder: Time is running out. In less than two weeks it will be April 15, the deadline for filing your federal and state tax returns. | 04/08/14 06:56:35 By - By CLAUDIA BUCK

Study: Migrants' financial picture has improved but many remain vulnerable

Latin American and Caribbean migrants have modestly improved their economic situations since the 2008-09 recession and the remittances they send to their homelands have increased by 12 percent, according to a new study. | 04/08/14 06:54:30 By - By MIMI WHITEFIELD

Gender split seen in styles of investing

Whether it's relying on a spouse to handle household finances, being afraid of doing something risky with their money or just not feeling confident, women are less likely to take an active role in investing their savings. | 04/08/14 06:48:29 By - By DEBBIE CARLSON

EPA director says draft greenhouse rules will give states new tools

New draft rules limiting greenhouse gases from existing power plants will give states the tools to curtail emissions that drive climate change without shuttering lots of facilities and threatening electric reliability, said Gina McCarthy, the administrator of the Environmental Protection Agency, at a panel discussion Monday in Washington. | 04/08/14 06:54:30 By - By NEELA BANERJEE

Ukraine to get attention at IMF, World Bank meetings

The Treasury Department will push trading partners to expand aid to Ukraine when the International Monetary Fund and World Bank hold their annual spring meetings later this week, officials said Monday. | 04/07/14 16:45:47 By - By Kevin G. Hall

March gladness: Hiring regains its step

A return to solid hiring in March, reported by the government Friday, eased concerns that the U.S. economy was slipping back into lower gear. | 04/04/14 16:54:31 By - By Kevin G. Hall

Economy adds 192,000 jobs in March

Employers added a robust 192,000 jobs in March, the government said Friday, and revisions to earlier months point to an improving economy with underlying strength. | 04/04/14 09:00:30 By - By Kevin G. Hall

Telling for dollars: Tipsters get few payments in IRS program

Even as the IRS orders Americans to pay their income taxes, federal revenue collectors are failing to take full advantage of a 7-year-old law that encourages tipsters to turn in tax-cheating bosses, neighbors, relatives and exes, according to attorneys who represent whistleblowers. | 04/04/14 06:28:56 By - By RICH LORD

Jobless claims rise, but remain low

Initial jobless claims unexpectedly increased last week but remained low in a positive sign for labor market growth before Friday's jobs report. | 04/04/14 06:28:56 By - By JIM PUZZANGHERA

Smithsonian's Air and Space Museum gets $30 million from Boeing

The Smithsonian's National Air and Space Museum - one of Washington's most reliable tourist attractions - is receiving a $30 million gift from Boeing and will use the money to renovate its main exhibition space that serves as home to such icons of aviation as the Wright Brothers' airplane and Charles Lindbergh's Spirit of St. Louis. | 04/04/14 06:26:54 By - By DAVID NG

After brutal winter, job market shows signs of thawing

In an encouraging sign ahead of Friday's monthly employment report, a survey by a big payroll processing firm suggests that hiring may be picking up after the harsh winter. | 04/03/14 07:29:19 By - By DON LEE

More than 450 medical pot shops file to renew taxes in Los Angeles

More than 450 medical marijuana dispensaries have filed renewals to pay Los Angeles business taxes this year - more than three times as many as are allowed to stay open under the city's Proposition D. | 04/03/14 07:24:57 By - By EMILY ALPERT REYES

U.S. companies are chipping away at retiree health benefits

Throughout a bitter winter, burly linemen gathered at daybreak round tiny fire pits on a street in front of where they’ve clocked in to work for years. | 04/01/14 17:30:49 By - By Kevin G. Hall

New Ryan budget plan unlikely to go far

House Budget Committee Chairman Paul Ryan Tuesday unveiled his latest spending plan, a proposal with no chance of winning approval. | 04/01/14 16:56:34 By - By David Lightman

Marijuana raid in Missouri illustrates the evolution of an issue

As usual, Gene Halbin rolled a fat one after lunch. He’d taken a couple of hits when two strangers appeared at the front door. Halbin’s place sits way out of town, off the blacktop, down a dirt road, round a bend, over a bridge and deep into some woods in northwestern Bates County. Good bet they weren’t solicitors working the neighborhood | 04/01/14 15:58:26 By - Donald Bradley

As oil shipments rise on rails, California cities fight to be heard

As rail shipments of crude oil have risen inNorthernCalifornia, so has opposition in many communities along rail lines and near the refineries they supply. | 04/01/14 06:57:26 By - By Curtis Tate and Tony Bizjak

Yellen says Fed's 'extraordinary' efforts needed to spur job growth

Federal Reserve Chairman Janet Yellen said here Monday that scars remain in the labor market and the Federal Reserve still needs to make an "extraordinary" effort to get people back to work. | 04/01/14 06:13:22 By - By GAIL MARKSJARVIS

Climate change is already felt globally and risks are rising, UN panel says

Climate change is already affecting every continent and ocean, posing immediate and growing risks to people, an international panel of scientists warned Monday. | 04/01/14 06:13:22 By - By TONY BARBOZA

Exxon Mobil says demand for fossil fuels will stay high

Oil and natural gas giant Exxon Mobil said fossil fuels will continue to meet a vast portion of the world's energy needs in coming decades. | 04/01/14 06:13:22 By - By SHAN LI

Sacramento officials kept in dark about crude oil transfers at rail facility

Since at least last September, trains carrying tank cars filled with crude oil have rolled into the the former McClellan Air Force base. Workers have transferred the oil, including some volatile Bakken crude, from trains to tanker trucks, which take it toBay Area refineries. | 03/31/14 17:05:51 By - By Curtis Tate and Tony Bizjak

After more than a century, a jewel of ocean research targeted for closure

For more than a century, federal scientists have worked on Pivers Island near the historic town of Beaufort, N.C., and the beaches of Emerald Isle studying the ocean, and the fish, turtles and dolphins of its sea grass estuaries and rocky reefs. | 03/31/14 08:16:19 By - By Renee Schoof and Jay Price

Who should get water deliveries divides California lawmakers

Seasonal storms have exposed once more some perennial political divisions over California water. | 03/31/14 08:09:42 By - By Michael Doyle

How one timely purchase of hardware bent a radio contract Motorola’s way

It was just one piece of equipment in an intricate emergency digital radio network, but the 2005 purchase of a Motorola master controller by California’s Alameda County started an often nasty intra-governmental tug of war that has worn on for nearly nine years. | 03/31/14 17:54:07 By - By Greg Gordon and Lydia Mulvany

Motorola spreads its money and influence far and wide

Motorola executives don’t talk much about their efforts to win friends in high places, but a trail of public records provides the outlines of the company’s attempts to cultivate loyalty and befriend key government decision makers. | 03/30/14 07:01:05 By - By Lydia Mulvany and Greg Gordon

Misrepresentations help Motorola get a $50 million federal grant

As a Motorola saleswoman from 2004 to 2006, Laura Phillips coached local officials on how to secure state and federal grant money to pay for new public safety radio equipment. | 03/30/14 07:01:05 By - By Greg Gordon and Lydia Mulvany

How Motorola bested Raytheon and captured L.A. County’s emergency radio contract

It looked in the summer of 2011 as if electronics giant Raytheon Corp. had gained a major foothold in the U.S. emergency communications market long dominated by one company: Motorola. | 03/30/14 07:01:05 By - By Greg Gordon and Lydia Mulvany

After Motorola parlays Katrina’s devastation into telecom riches, new Mississippi system lies fallow

Mississippi’s governor fought back hard from one of Hurricane Katrina’s more exasperating blows – a knockout punch to emergency radio systems that forced rescue workers along parts of the Gulf Coast to communicate with hand-carried notes. | 03/30/14 07:01:05 By - By Greg Gordon, Paul Hampton and Lydia Mulvany

Kansas gives Motorola $50 million contact, based on bids from 1991

Without inviting competitive bids, Kansas officials awarded Motorola a $50 million deal to build a new statewide emergency radio network by crafting it as an amendment to a contract signed 14 years earlier. | 03/30/14 07:01:05 By - By Greg Gordon and Deb Gruver

With friends in government, Motorola beats a path to telecom supremacy

At the eastern end of the San Francisco Bay Area, Sheriff Warren Rupf of Contra Costa County and cigar-chomping Sheriff Charlie Plummer of neighboring Alameda County were political powerhouses seemingly locked in an endless duel of one-upsmanship. | 03/30/14 07:01:05 By - By Greg Gordon and Lydia Mulvany

Drone technology way ahead of FAA as it tries to set rules for use

When it comes to unmanned aerial vehicles, it’s starting to become the Wild West out there. Drones are flying across the U.S. and being used by researchers, farmers, amateur photographers and others. | 03/27/14 12:30:12 By - Molly McMillin

U.S. wins WTO fight over China’s export limits on rare earth elements critical to high-tech items

The World Trade Organization on Wednesday sided with the United States against China in a trade dispute that could affect the price of nearly every modern electronic product manufactured today. | 03/26/14 18:04:15 By - By John Zarocostas

Little-known scores rank consumers’ value based on data from Web, mobile apps, loyalty cards

If you’ve bought a house or car lately, chances are you know your credit score, or at least whether it’s good or bad. | 03/25/14 15:41:46 By - By Lindsay Wise

Energy Department approves natural gas export site on Oregon coast

The Obama administration on Monday approved a terminal on the Oregon coast to export U.S. natural gas abroad, as pressure mounts on the president to use the nation’s energy bounty as a foreign policy weapon. | 03/24/14 17:24:20 By - By Sean Cockerham

U.S. again leads the world in patents; China surges past Germany

The United States retained its lead as the world’s most inventive country in 2013, accounting for 27.9 percent of all international patent applications, according to the World Intellectual Property Organization, which tracks patent applications in 148 nations. | 03/21/14 17:20:32 By - By John Zarocostas

Yellen speaks; clarity weak; stocks squeak

The Federal Reserve continued tapering its controversial bond purchases on Wednesday, trimming back another $10 billion a month in April and signaling clearly that it expects to promote low borrowing rates well beyond the end of its stimulus efforts. | 03/19/14 17:37:02 By - By Kevin G. Hall

Feds accused of steering funding to anti-pot researchers

As the nation’s only truly legal supplier of marijuana, the U.S. government keeps tight control of its stash, which is grown in a 12-acre fenced garden on the campus of the University of Mississippi in Oxford. | 03/19/14 15:36:45 By - By Rob Hotakainen

U.S. natural gas to Europe? Not so fast...

European nations are begging the United States to send them natural gas to blunt dependence on Russia, but a lack of infrastructure and market realities are calling into question America’s ability to flex its new muscles as the world’s leading energy power. | 03/18/14 18:42:01 By - By Sean Cockerham and Kevin G. Hall

Administration: More than 5 million have signed up for health care

More than 5 million Americans have now signed up for marketplace health coverage on state and federal insurance exchanges, the Obama administration announced Monday. | 03/17/14 19:07:31 By - Tony Pugh

Business leaders worry sanctions on Russia over Ukraine could disrupt world economy

With diplomatic efforts having failed to defuse the crisis in Ukraine, political and business leaders are worried that plans to place sanctions on the Kremlin will create an economic meltdown in the economies of the European Union and Ukraine, both of which have important trade relations with Russia and depend on it for their energy supplies. | 03/16/14 09:42:41 By - John Zarocostas

Fed bond purchases sent nearly $80 billion Treasury’s way in 2013

The Federal Reserve’s controversial bond-buying program, designed to stimulate the U.S. economy, generated interest income of $90 billion in 2013, an audit of the central bank confirmed Friday. | 03/14/14 17:55:15 By - By Kevin G. Hall

At award-winning Tijuana factory, plant offers more than just a job

On a recent day off from her assembly plant job, Antonia Morena put on her prettiest blouse, painted her lips bright red, and returned to her factory, her fiance at her side. | 03/14/14 07:22:22 By - By Tim Johnson

For advocates of GMO food labels, battle is in states, and wins elusive

In this small state with a very big legislature, the top official at the association for grocery stores knew he had a lot of people to convince about an important food-labeling bill. But he also had a lot of members on his side. | 03/13/14 06:46:27 By - By Chris Adams

Sprint chief says he’ll start a price war if he can have T-Mobile

The new chairman of Sprint Corp. says that if the U.S. government will let him take over T-Mobile, he’ll declare a price war that would revolutionize the American mobile market in the same way he overturned Japan’s. | 03/12/14 10:58:47 By - By Lindsay Wise

Sex trade varies by city

Here are the characteristics of the sex trade in the eight cities studied in the Urban Institute report: | 03/12/14 10:48:50 By - By Daniel White and Kevin G. Hall

‘We lost part of our soul’ in oil train disaster, mayor of Quebec town says

The mayor of Lac-Megantic, Quebec, where 47 people died in a massive inferno following a train derailment last summer, came to Capitol Hill on Tuesday to push lawmakers and regulators for rail safety improvements. | 03/12/14 06:47:43 By - By Curtis Tate

Sex trade in eight cities worth nearly $1 billion, study says

A study to be released Wednesday about the world’s oldest profession concludes that the lucrative underground commercial sex economy in eight large U.S. metropolitan areas brings in anywhere from $40 million annually to as much as nearly $300 million. | 03/12/14 00:00:00 By - By Kevin G. Hall and Daniel White

Despite deaths, push continues to open roads to ATVs

Last Mother’s Day, Jaret Graham, 14, climbed on the back of an all-terrain vehicle driven by his 12-year-old cousin. As they sped down a paved stretch of country road in west Texas, the 12-year-old lost control, the vehicle went into a ditch and the cousin fell off, injuring his leg. Jaret was thrown off and hit his head on a cattle guard, a barrier made from steel pipes. He died instantly. | 03/10/14 15:05:41 By - By Bridget Huber

Chiquita to merge with Irish produce company

Charlotte-based Chiquita Brands International said Monday that it plans to merge with Irish fruit company Fyffes, splitting senior executives between Charlotte and Dublin and creating the world’s largest banana company. | 03/10/14 13:29:00 By - Ely Portillo

As doubts cloud California high-speed rail, plans in other states gain support

When California Gov. Jerry Brown last week announced his bid for re-election, he renewed his push to build “the nation’s only high speed rail system.” | 03/07/14 18:08:18 By - By Curtis Tate

February jobs numbers surprise: Economy weathers the weather

A better-than-expected February jobs report Friday from the Labor Department renewed expectations of economic acceleration in the months ahead and snapped a two-month lull in hiring. | 03/07/14 15:54:30 By - By Kevin G. Hall

Rail carries Canadian crude while Keystone pipeline decision simmers

While supporters and opponents of the Keystone XL pipeline have been busy debating the controversial proposal, the oil that it’s intended to move has found another carrier _ one that didn’t require the president’s stamp of approval or several years and billions of dollars to construct. | 03/06/14 06:19:53 By - By Curtis Tate

Obama urges Congress: Give America a raise

President Barack Obama – and the governors of four New England states – dined Wednesday at a college town eatery that pays its employees more than the minimum wage, as Obama pressed his election-year campaign to “give America a raise.” | 03/05/14 17:22:44 By - By Anita Kumar and Lesley Clark

Those who burn palm fronds for start of Lent learn to handle the task with care

Over the last three years janet Sweeting has perfected the fiery, smoky, multi-stage task that scores of others around Kansas City have been busy with in these days leading up to Ash Wednesday: making ashes. These faithful do-it-yourselfers fulfill a growing need as more churches observe Ash Wednesday, adding new twists to an old tradition. | 03/05/14 12:16:04 By - Lisa Gutierrez

Crazy for coconuts: Do the health claims survive scrutiny?

Have we gone crazy for coconut? Just take a look around the supermarket these days: Coconut oil, coconut milk, coconut water. A message came through on the health claims: Not so fast. Many claims aren’t proven, and the products can have hidden nutrition costs. | 03/05/14 12:06:55 By - Kathleen Purvis

FCC questions state laws that block cities from building their own broadband network

Frustrated with the sluggish speed and high cost of their Internet service providers, the residents of Wilson, N.C., decided a few years ago to take matters into their own hands – they would simply build their own connection. | 03/05/14 13:19:15 By - By Vera Bergengruen

Obama wants tax cuts for the middle class, tax increases for the wealthy

In his budget to be released Tuesday, President Barack Obama will propose expanding a tax credit popular with lower- and middle-class families and paying for it by closing a controversial tax loophole deployed by some Wall Street firms, according to the White House. | 03/03/14 20:02:03 By - Anita Kumar and Kevin G. Hall

Sanctions against Russia likely but they’re no easy task

As Russia tightened its grip Monday on the Crimean peninsula, the Obama administration scrambled to find meaningful ways to sanction a nation that does relatively little U.S. business and exports primarily energy products that allies in Europe badly need. | 03/03/14 16:54:15 By - Kevin G. Hall

Your favorite store may be tracking you while you shop

Signals emitted by your smartphone leave a digital trail that retailers can follow to find out how long you lingered in front of a sales rack or languished in a checkout line. | 03/03/14 06:00:00 By - By Lindsay Wise

EPA blocks progress, for now, on Pebble Mine in Alaska

The Environmental Protection Agency is putting the brakes on the massive Pebble Mine project in Alaska, saying it endangers the finest wild salmon run on Earth. | 02/28/14 17:41:03 By - By Sean Cockerham

Ailing flower growers air complaints on Capitol Hill

U.S. flower growers normally consider themselves purveyors of joy, but they’re none too happy with the state of their industry these days. | 02/27/14 17:36:30 By - By Rob Hotakainen

Feds support air gun blasts to find Atlantic oil, gas

The Interior Department is endorsing seismic exploration for oil and gas in Atlantic waters, a crucial move toward starting drilling off the Carolinas, Virginia and possibly down to Florida. | 02/27/14 17:17:29 By - By Sean Cockerham

Consumer bureau urges companies to offer free credit scores

Consumers soon might have easier access to their credit scores after federal regulators sent letters urging credit card companies to strongly consider including the information at no cost online and on monthly statements. | 02/27/14 15:52:25 By - By Lindsay Wise

Fed-audit idea gains steam in Congress, though details scant

Who audits the biggest bank of them all? Once dismissed as a crackpot cause, the idea of a complete and real-time audit of the Federal Reserve is gaining support in Congress. | 02/27/14 12:49:32 By - By Kevin G. Hall

FDA proposes new food label rules

The U.S. Food and Drug Administration on Thursday proposed a redesigned Nutrition Facts label for packaged foods that will highlight calorie counts and recalculate serving sizes in an effort to reduce the Americans' rate of chronic diseases such as obesity and heart disease. | 02/27/14 11:32:02 By - By Lindsay Wise

Regulator declines to set date for new rail tank car safety rules

The chief of a federal agency tasked with improving the safety of crude oil shipments by rail declined Wednesday to give lawmakers a date for new tank car rules that railroads and safety officials have sought for years. | 02/26/14 19:34:33 By - By Curtis Tate

GOP tax writer Dave Camp offers revamp of tax code

The chairman of the Republican-led House of Representatives’ tax-writing panel proposed on Wednesday the first complete overhaul of the nation’s tax code since 1986, a plan that both political parties are likely to debate throughout this election year. | 02/26/14 17:49:40 By - By David Lightman and Kevin G. Hall

Lack of coal-waste oversight is under fire after giant spill

A massive North Carolina coal waste spill into a major river is increasing pressure on the Obama administration to start policing the more than 1,000 such waste storage sites across the nation. | 02/26/14 06:55:26 By - By Sean Cockerham

Feds ban small number of tank cars carrying crude, rail industry says

The Department of Transportation banned about 3 percent of a fleet of railroad tank cars from carrying flammable crude oil Tuesday, according to the rail industry’s leading advocacy group, leaving tens of thousands more vulnerable cars in service. | 02/25/14 19:41:04 By - By Curtis Tate

Credit Suisse, DOJ in Senate crosshairs on Swiss tax dodging

The Department of Justice has neglected to collect billions in unpaid U.S. taxes by failing to aggressively prosecute Swiss banking giant Credit Suisse Group AG, a Senate investigative report said late Tuesday, shortly before executives from the bank are scheduled to testify under oath. | 02/25/14 18:09:46 By - By Kevin G. Hall

Feds moved on tank car safety only after Quebec oil train disaster

The rail industry asked the Department of Transportation three years ago to write new regulations for railroad tank cars that were carrying the country’s nascent oil boom. | 02/25/14 06:00:00 By - By Curtis Tate

For farmers, decisions from new farm bill will be taxing

All the jawboning about the big farm bill was over two weeks ago, when Congress finally passed the $956 billion package. But for America’s farmers, the decisions are just beginning. And they could get complicated. | 02/24/14 06:34:52 By - By Chris Adams

As 2008 economic disaster loomed, Yellen first for aggressive action, transcripts show

When the financial crisis deepened in September 2008, Federal Reserve leaders initially viewed it as a problem that would reverse itself. Janet Yellen, now the new Fed chair, was the earliest voice for aggressive action, transcripts released Friday show. | 02/21/14 18:41:18 By - By Kevin G. Hall

U.S., rail industry agree on safety improvements for crude oil trains

The Department of Transportation outlined several steps Friday aimed at improving the safety of crude oil in trains after a series of derailments sparked concern from state and local officials. | 02/21/14 18:04:29 By - By Curtis Tate

Washington state gets leading role in clash over minimum wage

A bidding war of sorts has broken out in Washington state, where politicians are scrambling to raise the state’s minimum wage of $9.32, already the highest in the nation. | 02/21/14 15:08:25 By - By Rob Hotakainen

NAFTA leaders put saving monarch butterfly on trade pact’s agenda

The population of monarchs hibernating in Mexico from December to March has plummeted from a high of 1.1 billion in 1996 to a pitiful 33 million this year. | 02/20/14 15:46:03 By - By Tim Johnson

Obama to drop less generous retiree payments from budget

Obama walks away from earlier embrace of chained CPI, a move welcomed by seniors and liberals | 02/20/14 15:37:16 By - Kevin G. Hall and Anita Kumar

FCC chief wants new rules to better police Internet providers

The top federal regulator who oversees rules that govern the Internet on Wednesday waded into the thorny issue of a service provider’s right to restrict content. | 02/19/14 18:40:08 By - By Daniel White

Ukraine comments underscore how NAFTA trade partnership is drifting

President Barack Obama met Wednesday with his Mexican and Canadian counterparts but little tangible came out of the Three Amigos summit, a further sign that the world’s largest trading bloc is on autopilot, hobbled by spats between members. | 02/19/14 22:00:09 By - By Tim Johnson

Fed orders post-crisis crackdown at big banks

The Federal Reserve moved Tuesday to correct one of the main causes of the 2008 financial crisis, ordering the nation’s largest domestic banks and foreign ones operating in the United States to hold more capital in case things go bad. | 02/18/14 18:59:33 By - By Kevin G. Hall

CBO: $10 minimum wage would cut poverty but also jobs

Raising the minimum wage to $10.10 an hour could lift 900,000 Americans out of poverty but also cost a half million jobs, the nonpartisan Congressional Budget Office said Tuesday in a report that’s sure to feed a simmering debate over how to help loft people up the economic ladder. | 02/18/14 18:39:15 By - By Kevin G. Hall and Sean Cockerham

Democrats: Economy will lose more than $3 billion due to loss of jobless aid

Democrats Tuesday estimated that the U.S. economy will lose more than $3 billion in January and February because emergency jobless benefits have not been extended. | 02/18/14 12:24:16 By - David Lightman

Unemployment now nation's top concern, new Gallup poll finds

The nation's top concern--unemployment, according to a new Gallup survey. Twenty-three percent mentioned jobs as the country's number one problem, with "the economy in general" second at 20 percent. | 02/17/14 17:03:07 By - David Lightman

Native Americans vow a last stand to block Keystone XL pipeline

Faith Spotted Eagle figures that building a crude oil pipeline from Canada to the U.S. Gulf Coast would bring little to Indian Country besides more crime and dirty water, but she doubts that Native Americans will ever get the U.S. government to block the $7 billion project. | 02/17/14 06:00:00 By - By Rob Hotakainen

Feds won’t enforce money-laundering laws against banks doing business with pot stores

Marking another milestone for the legal marijuana industry, the Obama administration on Friday said it has advised U.S. attorneys in states where the sale of marijuana is legal not to prosecute banks that allow pot stores to open accounts and accept credit-card payments. | 02/14/14 17:52:14 By - By Rob Hotakainen

Medicaid expansion is expected to strain mental health services

As millions of Americans gain health coverage through the Affordable Care Act’s Medicaid expansion, experts say their higher rates of mental health and substance abuse disorders will be difficult to treat due to a lack of counselors and behavioral therapists who accept Medicaid patients. | 02/13/14 16:31:55 By - By Tony Pugh

McClatchy-Marist Poll: American dream seen as out of reach

Racing into a new century in which many of the old rules don’t seem to apply anymore, Americans are overwhelmingly pessimistic about their chances of achieving and sustaining the American dream, according to a new Marist-McClatchy Poll. | 02/13/14 09:32:22 By - By David Lightman

Water, water everywhere, but some tastes better than others

The National Rural Water Association held its annual Great American Water Taste Test on Wednesday, and the best drink in the house came from Curtis, Neb., population 935. | 02/12/14 18:36:17 By - By Daniel White

U.S. share of cloud computing likely to drop after NSA revelations

When the German version of the FBI needs to share sensitive information these days, it types it up and hand-delivers it. This time last year, it would have trusted in the security of email. But that was before revelations of the scope of the National Security Agency’s intelligence-gathering. | 02/12/14 06:00:00 By - By Matthew Schofield

Grilled on Capitol Hill, Yellen defends Fed policy

Testifying on Tuesday for the first time as the head of the Federal Reserve, Janet Yellen promised lawmakers continuity with her predecessor, shrugged off the threat of rising financial volatility in developing nations and stressed that she’ll look beyond the labor market to decide when to begin raising interest rates. | 02/11/14 15:24:58 By - By Kevin G. Hall

Lawsuit challenges Eric Holder action on Wall Street

A public advocacy group filed a legal challenge Monday to block implementation of a record $13 billion civil settlement between Attorney General Eric Holder and Wall Street powerhouse JP Morgan Chase. | 02/10/14 16:29:17 By - By Kevin G. Hall

Treasury Secretary warns Feb. 27 is debt limit deadline

By Sean Cockerham | 02/07/14 18:19:56 By - By Sean Cockerham

Jobs market doesn’t weather the weather in January

Economists and the stock market shrugged off the second consecutive dismal jobs report Friday, attributing it to temporary factors and expressing confidence in underlying economic strength. | 02/07/14 18:42:12 By - By Kevin G. Hall

Researchers gear up for battle against disease that’s devastating U.S. citrus crop

An insect that’s no bigger than the head of a pin _ the Asian citrus psyllid _ is responsible for spreading a disease called citrus greening that is wreaking havoc on citrus growers in Florida. And growers in other states, particularly California, are on guard as the disease shows signs of coming to their areas. | 02/07/14 06:00:00 By - By Chris Adams

Faced with a raucous caucus, Boehner fishes for an inducement from Democrats to raise debt limit

Republicans in the House of Representatives are in disarray over what to do about paying the nation’s bills, with the deadline looming and the party divided on whether to demand concessions from the White House in return for raising the borrowing authority needed to fund the government. | 02/06/14 18:13:29 By - By Sean Cockerham

Brazil’s social development minister describes how country cut poverty

Brazil is confronting numerous challenges this year, from international investors fleeing developing nations to the slowing economy in China – a major trade partner – to local protests over Brazil’s preparations to host the World Cup in June. | 02/06/14 16:40:20 By - By Kevin G. Hall

Think shutdown and debt fights were something? Now comes the real budget hit

Several years of budget battles and a government shutdown last year captured headlines but amounted to fights over the easy stuff. A new projection for the U.S. fiscal outlook over the next decade makes it clear the hard choices are still ahead as the baby boom generation retires. | 02/06/14 15:29:29 By - By Kevin G. Hall

Poll finds millions with weak financial situation

Millions of Americans are having difficulty making ends meet, according to a new NBC News/Marist poll | 02/06/14 05:56:44 By - David Lightman

CVS pharmacies will stop selling cigarettes and tobacco products

CVS pharmacies announced Wednesday that they will no longer sell cigarettes and other tobacco products at its 7,600 U.S. stores beginning in October. | 02/05/14 12:37:28 By - Tony Pugh

CBO: Obamacare would lead employees to work less

A government analysis sparked fierce debate Tuesday, projecting that the Affordable Care Act will lead American workers to voluntarily put in fewer hours on the job, a total that would add up to the equivalent of as many as 2.5 million jobs over the next decade. | 02/04/14 18:22:16 By - By Kevin G. Hall, Lesley Clark and Tony Pugh

Farm bill easily passes Senate, will change operations for farmers nationwide

The massive farm bill that emerged from the U.S. Senate Tuesday and is on its way to President Barack Obama will substantially change farmers’ lives nationwide and make a step toward altering the way they’ve done business for decades. | 02/04/14 18:25:00 By - By Chris Adams

Dow down big on Yellen's first day

The Dow Jones industrial average plunged more than 326 points Monday, an auspicious start of Janet Yellen's first day on the job as chair of the Federal Reserve. | 02/03/14 17:47:23 By - Kevin G. Hall

It's Official: Yellen in as First Woman Fed Chief

Janet Yellen sworn in as first woman to head Federal Reserve. | 02/03/14 12:07:52 By - Kevin G. Hall

Keystone report leaves environmental, energy, safety debates far from settled

The State Department minimized the climate change impact of building the Keystone XL pipeline in its final environmental review issued on Friday, a key finding as President Barack Obama decides whether to approve the controversial project. | 01/31/14 19:43:32 By - By Sean Cockerham and Curtis Tate

Obama asks employers, Congress to help long-term jobless

Tapping the bully pulpit, President Barack Obama used the White House backdrop Friday to urge American companies – and Congress – to help the nearly 4 million long-term unemployed. | 01/31/14 17:01:58 By - By Anita Kumar and Kevin G. Hall

China’s economic reset is likely to hurt world’s emerging economies

Countries that supply China with raw materials got a taste in January of what the future holds as the world’s second largest economy prepares to restructure itself and dampen its mega-growth of the last two decades. | 01/31/14 18:41:05 By - By Stuart Leavenworth

It's a Super Bowl for Art, too!

The Denver Museum of Art is putting up a Remington bronco statue to the Seattle Art Museum's giant Japanese screen of an eagle perched over waves with the losing city in the Super Bowl having to loan the winner the artwork for three months. | 01/31/14 06:03:09 By - Maria Recio

Federal rail agency collects minimal enforcement fines, documents show

The U.S. Department of Transportation collects relatively small civil penalties against the railroads it regulates, as concern grows over the safety of shipping large volumes of crude oil and ethanol in tank cars long known to be deficient, federal documents show. | 01/30/14 19:05:15 By - By Curtis Tate

Congress warms up to research on hemp

For the first time, the farm bill would allow nine states – including Kentucky and California – to use hemp, pot’s nonintoxicating sister plant, for research and academic purposes. | 01/29/14 18:26:10 By - By Rob Hotakainen

Fed Sticks to Guns, Tapers Further

Looking past soft December data, the Federal Reserve on Wednesday announced it will further taper back its controversial bond-purchasing program designed to stimulate economic activity. | 01/29/14 17:22:17 By - Kevin G. Hall

Farm bill passes House, and California growers are happy

California’s prune producers, winemakers and almond ranchers can take the new farm bill to the bank. | 01/29/14 15:20:41 By - By Michael Doyle

Vestiges of earlier America, tobacco barns hold allure for preservationists

With the buyout of tobacco-growing farmers in the 2000s after a settlement with cigarette makers, it’s the barns, many in disrepair, that remain. | 01/29/14 07:02:39 By - By Maria Recio

In State of the Union, Obama tries to make a place for himself in the history books

President Barack Obama on Tuesday followed a familiar script for presidents entering their sixth year, as he tried to revive his waning political clout while shaping his legacy. | 01/28/14 21:35:07 By - By David Lightman

Gap between rich and poor may be exaggerated

A growing number of prominent economists question how much the gap has widened between America’s richest and poorest, a divide that President Barack Obama is to highlight in his State of the Union address Tuesday. | 01/28/14 18:58:10 By - By Kevin G. Hall

Farm bill drops plan to block states from imposing tougher animal confinement rules

California can keep its strict animal welfare standards after all under a long-awaited farm bill, all but finished by congressional negotiators. | 01/27/14 17:37:24 By - By Michael Doyle

Savior from depression, or father of coming inflation? Bernanke era ends this week

When Ben Bernanke prepared to lead the Federal Reserve in January 2006, the former Princeton University professor and economic historian confided to colleagues that he hoped he’d be one of the least remembered chairmen of the Federal Reserve. | 01/27/14 13:47:42 By - By Kevin G. Hall

Railroad tank-car safety woes date decades before crude oil concerns

Long before crude oil and ethanol were transported by railroads in large quantities in minimally reinforced tank cars, other flammable and poisonous materials were riding around the country in the same cars, threatening major cities and waterways. | 01/27/14 06:00:00 By - By Curtis Tate

Improper Ag Dept. payments top $6 billion despite efforts to curb them

The Department of Agriculture reported more than $6 billion in improper payments last year, seeing its overall error rate tick up during a time the Obama administration was aggressively seeking to lower such mistakes, according to a recently released audit. | 01/23/14 18:41:42 By - By Chris Adams

NTSB pushes regulators to improve safety of crude oil trains

The National Transportation Safety Board called Thursday for federal regulators to take more aggressive steps to protect the public and the environment from oil spills and fires from trains. | 01/23/14 17:03:24 By - By Curtis Tate

Oil starts flowing through Keystone XL pipeline to Texas

Oil began flowing Wednesday through the southern leg of the Keystone XL pipeline, as a massive environmental battle continues over whether President Barack Obama should approve the northern portion to tap Canadian oil sands. | 01/23/14 06:51:11 By - By Sean Cockerham

U.S.-Brazil cotton dispute might ignite all-out trade war

Brazil is threatening to launch a full-blown trade war against the U.S. next month, accusing Congress of ignoring an order by the World Trade Organization to stop subsidizing its domestic cotton growers. | 01/23/14 06:00:00 By - By Rob Hotakainen

Sens. Wicker, Markey want seafood inspected for mislabeling

Fish sold on retail U.S. markets are routinely mislabeled, harming consumers while threatening the livelihoods of American fishermen, Republican Sen. Roger Wicker of Mississippi and Democratic Sen. Edward Markey of Massachusetts said in a letter Wednesday to President Barack Obama. | 01/22/14 18:23:15 By - By Greg Gordon

More oil spilled from trains in 2013 than in previous 4 decades, federal data show

More crude oil was spilled in U.S. rail incidents last year than was spilled in the nearly four decades since the federal government began collecting data on such spills, an analysis of the data shows. | 01/20/14 16:40:15 By - By Curtis Tate

World's richest 85 people have as much as half of globe’s population, Oxfam reports

The world’s richest 85 people control the same amount of wealth as half the world’s population, according to a report issued Monday by the British-based anti-poverty charity Oxfam. | 01/20/14 16:19:46 By - By Matthew Schofield

Pot backers cheer for a Seattle-Denver Super Bowl

If oddsmakers are correct, the Seattle Seahawks and Denver Broncos will win Sunday’s National Football League conference championship games, advancing to a truly historic Super Bowl on Feb. 2: | 01/17/14 06:43:51 By - By Rob Hotakainen

New rules would let poultry industry rule the roost on plant safety, critics say

If the Obama administration gives the green light soon, fewer federal inspectors will be present in poultry processing plants and the lines will be allowed to speed up, a change that critics say could be risky for both food and worker safety. | 01/16/14 15:00:36 By - By Renee Schoof

Despite legal setbacks, officials say California high-speed rail on track

State and federal officials assured lawmakers on Capitol Hill Wednesday that California’s $68 billion high-speed rail system would move forward despite recent legal setbacks that have created new uncertainties for the embattled project. | 01/15/14 18:53:14 By - By Curtis Tate

U.N.: Investment in green energy is falling dangerously

Investment in clean energy is faltering at the same time the United Nations and others say it needs to quadruple to avoid the catastrophic impacts of climate change. | 01/15/14 18:15:50 By - By Sean Cockerham

Fed may restrict bank ownership of commodities

The Federal Reserve, in a surprise move, set the ball rolling late Tuesday for possible new limits on ownership of physical commodities by the large financial holding companies on Wall Street that it regulates. | 01/14/14 19:57:03 By - By Kevin G. Hall

Habitat for Humanity worries new lending law will hurt poor

The vast revamp of financial regulation in 2010 was created to protect the poor from the predatory lenders who drove the economy into financial turmoil. But groups such as Habitat for Humanity say that some new regulations crafted by the Consumer Financial Protection Bureau will inadvertently stop nonprofits from helping some of those same low-income families get into homes. | 01/14/14 18:04:50 By - By Franco Ordonez

Budget bill sets spending for everything from military pensions to light bulbs

Congress’ spending plan for the federal government touches almost every facet of American life, as it tackles big priorities such as health care, education and combating terrorism as well as smaller concerns such as the future of light bulbs. | 01/14/14 17:47:30 By - By David Lightman, Kevin G. Hall and Hannah Allam

Audit finds cruise ships improving safety, but some fixes are still to come

The cruise ship industry is working to implement new safety measures for its passenger fleet, although efforts to use technology to detect passengers falling overboard aren’t yet in place, according to a new oversight report. | 01/13/14 17:29:30 By - By Chris Adams

Should we blast Atlantic with air guns to map oil drilling potential?

The Obama administration is nearing a decision on allowing seismic testing off the Atlantic Coast, a critical step in opening waters off Virginia, the Carolinas and elsewhere to oil drilling. | 01/13/14 04:42:20 By - By Sean Cockerham

California expects more crude oil by rail, seeks to beef up spill response

The state budget plan Gov. Jerry Brown unveiled this week bolsters the state Office of Oil Spill Prevention and Response, increasing its budget by $6.7 million and adding 38 staff members, “to address the increased risk of inland oil spills.” | 01/10/14 17:42:24 By - Curtis Tate

Troubles for trade: Obama’s fast-track plans face resistance

After criticizing a U.S. trade deal with Mexico and Canada when he ran for the White House, Barack Obama has emerged as one of the most aggressive pro-trade presidents ever, angering many of his fellow Democrats along the way. | 01/10/14 13:19:17 By - By Rob Hotakainen

Foster Farms poultry plant works to reopen after cockroach infestation, previous salmonella outbreak

The Foster Farms chicken plant remained closed as of Thursday evening as the company dealt with a cockroach infestation. | 01/10/14 07:20:15 By - By John Holland

After explosions, senators call for review of oil shipments by rail

A series of fiery derailments, including a deadly wreck in Quebec last summer and a near-miss last week in North Dakota, have gained the attention of lawmakers, who until this point had said little about the issue. | 01/09/14 18:39:49 By - Curtis Tate

Work at Foster Farms plant suspended after cockroaches found

The company said only five cockroaches were found in the massive plant over the past four months, but it carried out “enhanced sanitizing” Wednesday and expects it to reopen soon. It also said no products have been affected. | 01/09/14 07:59:00 By - BY JOHN HOLLAND AND RAMONA GIWARGIS

Rubio wants states, not U.S., to lead second wave in war on poverty

Sen. Marco Rubio on Wednesday proposed a sweeping overhaul of the nation’s anti-poverty programs, arguing that for decades Washington has been too fixed on dealing with poverty’s consequences rather than its causes. | 01/08/14 17:35:45 By - By David Lightman

Is tribal gambling too big? ‘Enough is enough,’ opponents say

By springtime, Bill Iyall figures the Cowlitz Tribe in Washington state will have 152 acres of new land in place and can make plans to break ground for its new casino in 2015. | 01/08/14 06:00:00 By - By Rob Hotakainen

Emergency jobless aid: An economic boost or a bust?

Supporters of the longer unemployment benefits that the Senate is now debating make a humanitarian argument: Jobless people need the money to keep a roof over their heads and bread on their tables. But the question gets more complicated when the argument turns to whether longer unemployment aid helps the econom | 01/07/14 19:01:59 By - By Renee Schoof

Debate rages over exporting America’s oil

The push to end the ban on exporting U.S. crude oil to foreign nations is at a level not seen in decades, with the top Republican on the Senate Energy Committee joining the call Tuesday. | 01/07/14 16:48:52 By - By Sean Cockerham

Obama presses for jobless benefits; fate in Congress uncertain

President Barack Obama pressed Congress on Tuesday to extend jobless benefits for 1.3 million Americans, dismissing the suggestion that the checks lead people to shun work and insisting there’s no need for budget offsets to pay the price. | 01/07/14 16:10:18 By - By David Lightman and Lesley Clark

Growth in 2012 health care spending remained at record low

Total public and private spending for health care in the United States increased to nearly $2.8 trillion in 2012, or nearly $9,000 per person, according to a government report released Monday. | 01/07/14 05:49:09 By - By Tony Pugh

Senate confirms Yellen, 1st woman to head Federal Reserve

The Senate voted 56-26 to confirm Yellen, who’s been the vice chair of the Fed since 2010. Yellen, 67, will take the helm after Chairman Ben Bernanke’s second four-year term ends Jan. 31. | 01/06/14 18:46:08 By - By Kevin G. Hall

Mel Watt becomes new chief overseeing Fannie, Freddie

Mel Watt was sworn into a top housing finance post Monday afternoon while simultaneously bringing to an end a career in Congress spanning more than two decades. | 01/06/14 16:10:42 By - By Franco Ordonez

N.C.’s Burr proposes changes that small-business advocates don’t like

Sen. Richard Burr, a former businessman in North Carolina, says he wants the federal government to put the Small Business Administration inside a new agency that combines the departments of Commerce and Labor. | 01/04/14 21:00:00 By - By Renee Schoof

Hagan’s Senate measure on N.C. jobless benefits wins cheers, jeers

The Senate will immediately take up extension of federal jobless benefits when it gets back to work on Monday after its holiday break, and the vote will put Sen. Kay Hagan at the center of a new political fracas. | 01/03/14 19:05:46 By - By Renee Schoof

Genetically altered ‘Arctic’ apples may be headed to market

An apple genetically engineered not to turn brown is putting the Agriculture Department and the apple industry on the spot. | 01/03/14 18:16:38 By - By Michael Doyle

U.S. poised for economic growth but will rest of world follow?

As the U.S. economy struggled to gain steam in recent years it faced head winds from Europe’s deep debt crisis, a stagnant Japan, investor aversion to emerging economies and a slowdown in China that would pass for a blistering pace anywhere else. | 01/03/14 16:40:03 By - By Kevin G. Hall

Despite reports, response slow to danger of oil fires on rail tankers

Fiery train crashes as far back as 2006 have highlighted a safety issue that’s growing with the U.S. energy boom. But little has been done to improve the safety of tens of thousands of railroad tank cars that have been pressed into service in recent years to haul large quantities of crude oil and ethanol. | 01/02/14 19:05:35 By - By Curtis Tate

Rocky Mountain high: First retail pot shops in U.S. ready to open

After years of politicking and planning, Colorado will make history Wednesday when it opens the first retail marijuana stores in the United States, allowing state residents to buy up to an ounce of the drug. | 12/31/13 16:32:40 By - By Rob Hotakainen

Finally, the U.S. economy may be starting to hum

For the first time since 2007, the U.S. economy is poised to start the new year on a strong footing amid a flurry of signs that point to a firming recovery. | 12/31/13 17:56:28 By - By Kevin G. Hall

2014 brings a milestone for last of the baby boomers

Here they come, bringing up the end of the parade, just as they always have: The youngest members of the baby boom generation begin turning 50 on New Year’s Day. Happy birthday, youngest boomers, and welcome to your AARP cards and discounted Denny’s meals. | 12/31/13 12:28:20 By - Anita Creamer

Changing exports reshaping states

Five ways exports are changing across America. From Midwestern beef and Georgian peanuts finding a market in China to the rivalry between fishing in mining in Alaska to landlocked states' using higheways for shipping and manufacturing taking off in the South. | 12/30/13 14:05:38 By - Medill News Service

For Georgia peanut farmers, sales to China a bonanza that may not last

After a record-setting harvest in 2012, peanut growers in Georgia found a new trading partner: China, which was scrambling to fill gaps in its peanut-supply chain. Whether China will remain a big customer is on the minds of Georgia’s farmers. | 12/30/13 13:16:22 By - By Catherine Brzycki

Effort to boost exports often leads to a scramble for trucks

As many states look to increase their global exports, one of the biggest challenges may be among the most basic: finding ways to move products so they’re ready to be shipped overseas. In Idaho, that’s led to a search for more trucks and more truckers. | 12/30/13 13:13:36 By - By Jayna Omaye

Proposed Alaska mine might boost 1 vital export but hurt another

A proposed copper mine in remote Alaska could be a boon for the state’s mining export industry. But it could harm another prized export business: fishing. What happens when one export titan clashes with another? | 12/30/13 13:12:25 By - Diana Blass and Marina Cracchiolo

Sun Belt hopes for rebirth in manufacturing to boost economy, exports

Sun Belt states have watched as some of their bedrock industries withered away. Officials and educators in North Carolina, Mississippi and elsewhere are now looking to new forms of manufacturing, such as autos and aviation. | 12/30/13 13:10:43 By - By Elena Schneider and Andrea Mayeux

U.S. beef exports gradually expand after mad cow scare

After a mad-cow disease scare a decade ago, U.S. beef exports have slowly climbed back. Now U.S. farmers are hopeful that they’ll get clearance to export to China, where demand for beef is growing. | 12/30/13 13:09:12 By - By Megan Pauly

U.S. exports rise but are likely to fall short of Obama’s goal

The U.S. is in the midst of a push to increase exports, one that began in January of 2010 when President Barack Obama announced the National Export Initiative in his State of the Union address. | 12/30/13 13:07:16 By - By Bryan Lowry, Tanvi Misra and Katie Peralta

‘Lean’ manufacturing bringing industry back from depths

The economy is firming, hiring is on an upswing and consumers appear inclined to spend. | 12/24/13 13:42:50 By - By Kevin G. Hall

Oil, grain trains squeeze Amtrak’s Empire Builder route to Northwest

Freight congestion has caused massive delays and even cancellations of a popular Amtrak train in recent months, a situation that could worsen as one of the nation’s largest rail companies plans to increase shipments of fossil fuels on much of the route. | 12/24/13 07:08:35 By - By Curtis Tate

Mining giant Rio Tinto may pull out of Pebble Mine in Alaska

Global mining giant Rio Tinto said Monday it is considering dumping its stake in Alaska’s Pebble Mine, a huge open pit mine planned for the best remaining wild salmon stronghold on Earth. | 12/24/13 07:08:35 By - By Sean Cockerham

Congress moving toward debate on unemployment benefits

A three-month extension of emergency unemployment benefits is gaining momentum. | 12/23/13 16:29:58 By - By David Lightman

‘Junk insurance’ comes back to haunt its policyholders

April Capil has mixed feelings about the national outcry over canceled health insurance policies. Like millions of Americans, Capil thought she had solid individual health insurance. Then she got sick and found that her coverage was woefully inadequate. | 12/20/13 06:09:36 By - By Tony Pugh

Youth pot smoking rises as attitudes shift

The Obama administration on Wednesday sounded the alarm over rising marijuana use among the nation’s youth, saying that softening attitudes about the perceived risk of the drug are responsible for the increase. | 12/18/13 22:20:35 By - By Rob Hotakainen

Markets soar as Fed signals confidence by easing stimulus

The Federal Reserve announced Wednesday the beginning of the end for a controversial bond-buying program in support of the U.S. economy, a signal of an improving recovery that sent stocks soaring at the close of trading. | 12/18/13 17:51:49 By - By Kevin G. Hall

iPads in the classroom: Not a bust, but not yet a boon

Los Angeles Schools Superintendent John Deasy has called the intended $1 billion program to provide an iPad to every student in the district a civil rights imperative with potential to equalize access to technology. | 12/18/13 15:41:26 By - By Brenda Iasevoli

‘Swing-door’ elevators blamed for child injuries

It was the finishing touch on Michael and Brandi Helvey’s Georgia dream house: an elevator to accommodate Michael’s mother, who was in her 80s and living with them downstairs. | 12/18/13 07:07:58 By - By Shawn Hubler

Government consumer group asks banks to disclose deals with schools on debit cards and other products

The Consumer Financial Protection Bureau on Tuesday asked financial institutions to disclose to the public the payments they make to colleges and universities to promote their debit cards and other products to students. | 12/17/13 16:12:31 By - Renee Schoof

Environmental advocates target possible flaws in EPA pesticide system

Environmental advocates are targeting a decades-old Environmental Protection Agency system that they say allows potentially harmful pesticides on the market. | 12/17/13 07:51:01 By - By Kendall Helblig

New forecast finds U.S. flush with energy

U.S. oil production will surge toward a record high in the next two years and the nation’s natural gas dominance is expected to rise for decades, according to a new government forecast. | 12/16/13 17:29:42 By - By Sean Cockerham

Lawmakers sow Yosemite seeds, but harvest so far unclear

Congress will revisit unfinished business with Yosemite National Park next year. | 12/13/13 16:36:47 By - By Michael Doyle

House exhales after passing compromise budget

The House of Representatives on Thursday approved by a vote of 332-94 a modest bipartisan plan to spend more on both defense and domestic programs for the next two years, an agreement aimed at avoiding government shutdowns and easing automatic spending cuts. | 12/12/13 18:38:04 By - By David Lightman and William Douglas

Mexico’s Congress, setting aside decades of nationalism, OKs oil industry overhaul

The most dramatic overhaul of Mexico’s oil industry in modern times came closer to fruition Thursday when Congress approved a proposal to end the state oil company’s 75-year-old monopoly on the nation’s oil and natural gas fields. | 12/12/13 19:45:36 By -

Can both sides be right on unemployment insurance?

Congress is once again debating whether to extend unemployment benefits. Democrats say it’s critical both for the people involved and the economy. Republicans say a falling jobless rate shows the economy is strong enough to let the extended benefits end. | 12/12/13 15:21:22 By - By Kevin G. Hall

Does the U.S. tax foreign real-estate investors too much?

Republican Rep. Kevin Brady says he has a surefire plan to create thousands of jobs in his home state of Texas and across the country: Scrap the tax on foreigners who buy U.S. real estate. | 12/11/13 06:00:00 By - By Rob Hotakainen

Banks face tougher rules on complex financial trading

Federal regulators on Tuesday signed off on tougher restrictions on banks engaged in complex financial trading, finally moving on one of the most complicated portions of the 2010 revamp of financial regulation. | 12/10/13 20:16:57 By - By Kevin G. Hall

In budget talks, federal employee benefits on the block

Federal workers had a target on their paychecks as Congress reached a new budget deal Tuesday. | 12/10/13 20:31:41 By - By Kevin G. Hall

Rep. Watt clears Senate hurdle, expected to win housing post

Rep. Mel Watt cleared a significant hurdle Tuesday afternoon toward becoming the new leader of the influential housing-finance regulator that oversees Fannie Mae and Freddie Mac. | 12/10/13 13:30:21 By - By Franco Ordonez

As America ages, government seeks to improve safety for older drivers

Concerned about an oncoming wave of fragile older drivers, the federal government is working to beef up its safety programs aimed at seniors behind the wheel. | 12/09/13 04:53:11 By - By Lars Thorvaldsen

Bank might foreclose on home because late husband isn’t residing there

Billions of dollars in foreclosure settlements between big banks and government regulators haven’t helped Laura Biggs. The California woman is scheduled to lose her home nine days before Christmas because her mortgage company concluded that the house is no longer the primary residence of her husband, who’s been dead since 2003. | 12/09/13 06:00:00 By - By Kevin G. Hall

Billboard sparks debate, shows 9/11 feelings still raw

If there’s such a thing as an old-fashioned billboard going viral, it’s happened to a poster ad showing a U.S. soldier and a Muslim woman embracing. | 12/06/13 14:48:12 By - By James Rosen

Jobless rates drops to lowest level in five years

Employers added a solid 203,000 jobs in November, driving down the unemployment rate three-tenths of a percentage point to 7 percent, the lowest it’s been since November 2008, the Labor Department said Friday. | 12/06/13 14:42:31 By - By Kevin G. Hall

Who knew? The arts bring big bucks to the economy

The value of the arts to the economy has always been an elusive figure – until now. | 12/06/13 08:23:01 By - By Maria Recio

Obama high-speed passenger rail funds could boost slow freight

President Barack Obama’s high-speed rail program was supposed to deliver faster and more frequent passenger trains to communities across the country. But some of the $10.1 billion in funding for that program could also benefit one of the nation’s largest freight railroads. | 12/05/13 17:11:53 By - By Curtis Tate

Democrats in Congress remind Obama they’ll have final say on Pacific trade deal

As part of his visit to Asia this week, Vice President Joe Biden is driving home a message: After three years of talks, it’s time to wrap up the largest trade deal in U.S. history. | 12/05/13 15:55:18 By - By Rob Hotakainen

Food stamp dispute threatens final push for farm bill

North Carolina has lot riding on the outcome of the closed-door drama playing out in Washington as members of Congress work against a deadline this month to hammer out divisions in a new five-year farm bill. | 12/05/13 18:02:34 By - By Renee Schoof

Obama: U.S. should help close income gap

President Barack Obama worked Wednesday to focus attention – again – on the growing income disparity between rich and poor that he says is a top problem for the country but which persists five years into his presidency. | 12/04/13 18:05:32 By - By Anita Kumar

FTC asks whether rules needed for some Internet advertising

Changes in the media and the way people get their news drove the federal agency Wednesday to weigh the issue of disclosure about Internet stories that look like real news stories. | 12/04/13 17:44:28 By - By Kevin G. Hall

Obama spends $600 million on rail projects that benefit private companies

Supporters say the public investments, combined with private capital, are model infrastructure partnerships that will help take trucks off crowded highways, reduce pollution and improve the flow of goods to and from seaports. But others wonder whether an industry that boasts about how little it depends on taxpayers really needs the help. | 12/02/13 06:00:00 By - By Curtis Tate

Energy boom brings new life to old businesses across U.S.

This rust-bucket town near Buffalo is a perfect example of the transformation that fracking has brought to American business, where new life has been breathed into manufacturing and the nation’s railroads even as much the economy bumps along at a subpar pace. | 11/28/13 00:00:00 By - By Kevin G. Hall

Will natural gas eventually come from sea ice? Prospect thrills some, dismays others

Buried beneath the world’s oceans and the Arctic permafrost lies a global energy source that many think might dwarf today’s fracking revolution: huge reservoirs of natural gas trapped in ice crystals. | 11/28/13 00:00:00 By - By Sean Cockerham

Struggles of younger U.S. workers ripple through economy

Facing faint job prospects and mounting student loans, Courtney Schlottman did what many others her age have done, and moved back in with a parent. She became one more data point contributing to the nation’s stunted rate of household formation. | 11/28/13 06:00:00 By - By Kevin G. Hall

Rise of ‘Saudi America’ will alter globe, prolong U.S. superpower role

For the past 40 years, U.S. presidents have launched distant wars, allied with autocratic sheikhs and dispatched naval fleets to protect sea lanes, all for the imperative of keeping foreign oil spigots flowing. | 11/28/13 00:00:00 By - By Tim Johnson

More states raise taxes to pay for transportation

This year, several states have done something that’s become politically impossible in Congress: They raised taxes to pay for transportation improvements. | 11/27/13 16:38:47 By - By Curtis Tate

’Tis the season to be wary – of scam artists

The holiday season: Time with the family, large amounts of food, gifts galore – and scams. | 11/26/13 16:31:34 By - By Mary Faddoul

As feds ponder future of e-cigarettes, some colleges move against them

While the federal government decides how to regulate electronic cigarettes, many university officials across the country are moving ahead with their own rules about e-cigs on campus. Several universities have already prohibited e-cigs or are set to ban them in upcoming years. | 11/26/13 12:54:09 By - By Sarah Sexton

Food stamp cuts put extra stress on Tacoma, Wash. food banks during holidays

Some families are scouring supermarket shelves for the perfect turkey for Thanksgiving. Others are worrying about how they’ll afford food through the end of the month. | 11/26/13 16:38:05 By - Alison Haywood

Permanent Iran nuclear deal would revolutionize oil market

Iran’s nuclear deal with the West could allow more Iranian oil on the world market in the coming months, but it remains to be seen whether sanctions will be lifted enough to allow the pariah nation to return to its former position as an energy power. | 11/25/13 18:36:22 By - By Sean Cockerham

High use of antibiotics overlaps with obesity rates in the Midwest and South

Want to shed the love handles? Put down the doughnut and go for a walk. Or, perhaps, think twice about pressing your doctor for antibiotics. Research now hints that the stout among us tend to hail from the same places — including chubbier-than-most Missouri and Kansas — where antibiotic drug use is highest. | 11/25/13 15:44:18 By - Scott Canon

Energy industry is on alert against increasing cyberattacks

Last year the hacker group Anonymous broke into computer systems of oil companies including Shell, Exxon Mobil and BP as a protest against Arctic drilling. The next month, a different set of hackers infected the computers of Saudi Arabia’s national oil company with a damaging virus that knocked 30,000 workstations offline. | 11/21/13 18:32:40 By - By Sean Cockerham

$13 billion JPMorgan Chase settlement may aid homeowners

Thousands of homeowners could get some mortgage relief under a record $13 billion deal reached Tuesday between the Justice Department and banking giant JPMorgan Chase, the largest such government settlement with a single entity. | 11/19/13 18:25:24 By - By Kevin G. Hall and Michael Doyle

New online map shows global links to every county in U.S.

How much every county in the America is connected to the rest of the world is now just a few mouse clicks away. | 11/18/13 19:13:17 By - By Renee Schoof

Citing hemp’s legitimate uses, growers seek freedom to cultivate it

Authorities arrested David Bronner when he locked himself in a steel-bar cage in front of the White House last year and began using a hand-powered press to extract fresh oil from 12 large hemp plants, which he planned to put on French bread and serve to passers-by. | 11/18/13 17:38:42 By - By Rob Hotakainen

EPA orders cut in ethanol in gasoline next year, citing risk of engine damage

The Obama administration Friday proposed the first-ever reduction in the amount of ethanol in the gasoline supply, signaling retreat from the Renewable Fuel Standard passed by Congress in 2007. | 11/15/13 17:55:23 By - By Sean Cockerham

As Senate weighs Yellen for Fed, Fed weighs inflation

Somewhere between Venezuela and Japan is exactly the right spot when it comes to inflation. Getting the United States there could be a key challenge for Janet Yellen. | 11/15/13 06:00:00 By - By Kevin G. Hall

Social Security benefits may be on table in budget talks

With congressional budget negotiations moving behind closed doors, one item apparently on the table is changing the way cost-of-living adjustments are calculated for seniors, veterans and other recipients of government benefits. | 11/14/13 18:04:33 By - By Kevin G. Hall and William Douglas

Coal-friendly lawmakers move to shield industry from EPA rules

Coal state lawmakers are attempting to block the Obama administration from limiting the planet-warming emissions of power plants. | 11/14/13 17:05:59 By - By Sean Cockerham

Congress scrutinizes show-horse industry practice of ‘soring’

Soring dates to the beginnings of the famed Tennessee walking horse tradition, whose horses are renowned for their exaggerated gait. The tactics include weighting a horse’s hooves or inserting nails and sharp objects into the tender parts of the foot. The high-step gait is often the horse’s pained response. There’s disagreement over how widespread the practice is today. | 11/13/13 17:44:26 By - By Ali Watkins

Bill aims to protect workers wrongly labeled as independent contractors

The hunt for cheap labor has led to a rash of payroll fraud by companies scraping for any advantage in a sputtering economy, lawmakers say. | 11/12/13 18:10:43 By - By Franco Ordonez

Yellen’s path to Fed leadership strewn with hurdles

Janet Yellen faces a Senate confirmation hearing this week with few questions about her qualifications to be the new chair of the Federal Reserve but plenty of potential pitfalls on issues from Libya to inflation. | 11/12/13 17:58:32 By - By Kevin G. Hall

Justice Department reaches agreement on proposed US Airways-American merger

The Justice Department announced Tuesday that it has cleared the $11 billion merger of American Airlines and US Airways to form the world’s largest airline, but it did so only after both agreed to surrender enough slots for discount carriers to operate dozens more flights at seven major airports. | 11/12/13 17:53:08 By - By Greg Gordon

U.S. expected soon to be crowned world’s oil king

The United States will surpass Russia and Saudi Arabia to become the world’s largest oil producer in 2015, the International Energy Agency forecasts. | 11/12/13 16:29:43 By - By Sean Cockerham

This year, Thanksgiving + Hanukkah equals something very rare: Thanksgivukkah

This year, thanks to an extremely rare convergence, Thanksgiving (Nov. 28) falls during the eight-day Jewish Festival of Lights. Some are calling it “Hanu-giving.” Others prefer “Thanksgivukkah.” | 11/12/13 15:51:28 By - James A. Fussell

Jobs report, other economic measures stronger than expected

A much-better-than-expected jobs report Friday, combined with other strong economic indicators, raises the chances that the Federal Reserve may pull back on its stimulus for the economy sooner rather than later. | 11/08/13 16:39:11 By - By Kevin G. Hall

Minimum wage fight gains momentum with Obama support, election wins

The fight to raise the minimum wage caught a big wave of momentum this week as President Barack Obama endorsed a pay increase after voters pledged support in two key elections. | 11/07/13 19:00:00 By - By Franco Ordonez

U.S. economy accelerated in 3rd quarter, but it won’t keep that pace

Slowing consumption and less expected restocking by businesses suggest the better-than-expected 2.8 percent annual growth rate from July through September that the government reported Thursday won’t last through the final months of the year. | 11/07/13 15:06:35 By - By Kevin G. Hall

Rising costs, ease of streaming are driving viewers away from pay TV

America’s four-decade long romance with cable television seems headed for the rocks, the victim of a sultry flirtation with an industrial homewrecker, the Internet. | 11/07/13 13:07:28 By - Glenn Garvin

Pro-pot forces are out to legalize in 13 more states by 2017

Buoyed by their success at the polls Tuesday, marijuana backers say they’ll now try to get the drug fully legalized in 13 more states by 2017. They’d join Colorado and Washington state, which voted last year to allow pot sales for recreational use. | 11/06/13 18:35:03 By - By Rob Hotakainen

5 years after deadly crash, new pilot training rule becomes official

Announcing steps to correct what it called “the greatest known risk in pilot training,” the Federal Aviation Administration on Tuesday finalized a new rule to address the midair stalls thought to have contributed to multiple fatal crashes in recent years. | 11/06/13 06:46:46 By - By Curtis Tate

To save merger, US Air, American may seek changes at D.C.'s Reagan National

The fate of an $11 billion deal to create the world’s largest airline might hinge in large part on one airport, but not just any airport: It’s the one right across the Potomac River from the nation’s capital. | 11/05/13 06:00:00 By - By Curtis Tate

Hedge fund hit with record insider-trading settlement; others warned

A record $1.8 billion insider-trading settlement announced Monday between a Wall Street investment giant and a branch of the Justice Department included a warning that nobody in the global financial capital is “too big to jail.” | 11/04/13 19:09:16 By - By Kevin G. Hall

Senate moving toward bill to ban workplace bias against gays

A long-stalled bill banning workplace discrimination on the basis of sexual orientation or gender identity is likely to pass the Senate as early as this week, a sign of the fast-changing political landscape for gay rights. | 11/04/13 18:58:33 By - By William Douglas

Brazil watching warily for fallout from Latin America’s biggest bankruptcy

Eike Batista was once the symbol of Brazil’s surging prosperity – declared in 2010 the world’s eighth richest person by Forbes, lionized in stories and interviews by “60 Minutes” and Charlie Rose, and a key backer of Brazil’s winning bids to host soccer’s 2014 World Cup and the 2016 Summer Olympic Games. | 11/01/13 18:21:59 By - By Vinod Sreeharsha

A chorus of boos for Hallmark carol revision

Too bad Hallmark doesn’t make an apology card for this occasion. A new Keepsake Christmas ornament from the Kansas City-based company looks like your favorite tacky-but-festive holiday sweater, only this one is decorated with the words “Don we now our FUN apparel!” | 11/01/13 12:45:06 By - Tim Engle

GOP stalls Watt’s nomination to head mortgage-finance regulator

Republicans sent the Obama administration back to the drawing board Thursday, blocking an up-or-down vote on the nomination of Rep. Mel Watt, D-N.C., to head the little-known but vital Federal Housing Finance Agency. | 10/31/13 16:59:57 By - By Kevin G. Hall

States will woo foreign investors at Obama summit

With no state tax on personal or corporate income, Washington state touts itself as a good fit for foreign investors looking to spend some money in the United States. | 10/30/13 18:51:53 By - By Rob Hotakainen

Coal industry workers, allies rally against EPA power plant rules

Hundreds of coal industry workers and supporters gathered Tuesday in front of the U.S. Capitol as a parade of coal-state lawmakers assailed the Obama administration as waging a “war on coal” with new environmental rules. | 10/30/13 12:03:56 By - By Curtis Tate

Marijuana ads stir the pot over drug safety, free speech

Critics fear that the increased advertising promoting marijuana use is a sign of things to come as support for legalization continues to grow, reflected by a Gallup poll that found backing from a record high 58 percent of Americans. And they see the stepped-up promotion as a dangerous trend that will lead to more drug abuse among children. | 10/30/13 06:00:00 By - By Rob Hotakainen

Business, conservatives push lawmakers on immigration

An unorthodox coalition of conservative leaders – pastors, tech moguls, tea party farmers and the sheriff from Fresno County, Calif. – converged Tuesday on Washington to make the conservative case for an immigration overhaul. | 10/29/13 18:37:35 By - By Franco Ordonez

Without federal aid, Amtrak could leave rural areas behind

They’re among the last holdovers from the golden age of American train travel, but the changing relationship between the federal government and the states could mean the end of the line for some of Amtrak’s long-distance routes. | 10/28/13 06:00:00 By - By Curtis Tate

Not so fast: The improving unemployment rate masks problems

The monthly unemployment rate holds almost mythical importance as a barometer for the health of the U.S. economy. But what if it’s not telling us what we thought? | 10/24/13 16:30:01 By - By Kevin G. Hall

Lackluster jobs report means Fed is likely to continue stimulus

A disappointing jobs report for September released by the government Tuesday points to an economy that was slowing even before the shock hit from a partial government shutdown and threat of a debt default. The Federal Reserve is now likely to keep its foot on the economy’s gas pedal. | 10/22/13 17:24:56 By - By Kevin G. Hall

China voices frustration that its best investment choice remains U.S. debt

Despite the end last week of the 16-day U.S. government shutdown and the extension of the debt ceiling until next year, there are few signs that the situation has reassured China, the largest holder of American debt. | 10/21/13 15:37:48 By - By Lara Farrar

After shutdown, a long-term budget deal is possible, just not a big one

Prospects for a longer-term budget deal in Congress that eases some of the pain from steep spending cuts are good. Prospects for a grand bargain that gets America’s fiscal house in order, well, that’s another story. | 10/17/13 18:35:41 By - By Kevin G. Hall

Will Washington state break U.S. logjam on labeling GMO food?

A ballot initiative in Washington to require GMO food labeling has become a battle with implications that could reach far beyond the state. | 10/17/13 11:21:33 By - By Rob Hotakainen

Government shutdown hurt the economy, but how much?

How much damage was inflicted on the economy? That’s the million-dollar question as a 16-day partial government shutdown draws to an end and a crippling debt default apparently was averted. | 10/16/13 17:44:01 By - By Kevin G. Hall

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