US regulator: Fannie, Freddie in deal with banks

Updated 13 hours ago   
By: Eileen Cofre

WASHINGTON (AP) - A federal regulator says government-controlled mortgage giants Fannie Mae and Freddie Mac have reached an agreement with major banks that could expand lending.&nb..
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Apple reports record 39.3 million iPhone sales

Updated 13 hours ago   
By: Eileen Cofre

SAN FRANCISCO (AP) - Excitement for Apple's new iPhone 6 and 6 Plus models drove sales of a record 39.3 million iPhones in the last quarter, boosting the company's earnings and rev..
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Labor Secretary Perez pushes Obama jobs proposals

Updated 13 hours ago   
By: Eileen Cofre

WASHINGTON (AP) - Labor Secretary Tom Perez is seeking to re-energize President Barack Obama's stalled push for raising the minimum wage from $7.25 to $10.10 an hour and for making..
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British scientists invent new way to wash clothes

Updated 14 hours ago   
By: Eileen Cofre

LONDON, England- British scientists have developed a new washing machine that replaces water with plastic beads to pull stains out of clothes. London's White Rose Laundry is trying..
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US agency warns car owners to get air bags fixed

Updated 16 hours ago   
By: Eileen Cofre

DETROIT (AP) - A potential safety crisis over defective air bags widened Monday as the U.S. government issued an urgent plea to more than 4.7 million people to get their cars fixed..
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IBM to pay $1.5B to shed its chip division

Updated 21 hours ago   
By: Sam Mount

ARMONK, N.Y. (AP) - IBM is paying $1.5 billion to Globalfoundries in order to shed its costly chip division. IBM will make payments to the chipmaker over three years, but it will t..
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Obama announces plan to tighten card security

Updated 4 days ago   
By: Eileen Cofre

WASHINGTON (AP) - Saying more must be done to stop data breaches affecting consumers, President Barack Obama announced on Friday a government plan to tighten security for the debit..
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APPLE LIVE: iPad Air 2, Apple Pay, new Macs debut

Updated 5 days ago   
By: Eileen Cofre

CUPERTINO, Calif. (AP) - Apple unveiled a thinner iPad Thursday with a faster processor and a better camera as it tries to drive excitement for tablets amid slowing demand. &n..
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Falling oil prices shake up global economies

Updated 5 days ago   
By: Eileen Cofre

NEW YORK (AP) - A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling bud..
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Chrysler recalling nearly 907,000 cars, SUVs

Updated 5 days ago   
By: Eileen Cofre

DETROIT (AP) - Nearly 907,000 Chrysler, Dodge and Jeep SUVs and cars are being recalled for alternators that can fail and heated power mirror wiring that can short and cause minor ..
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CBS debuts stand-alone streaming service

Updated 5 days ago   
By: Eileen Cofre

NEW YORK (AP) - CBS is jumping on the cord-cutting bandwagon, launching a stand-alone digital streaming service for $5.99 a month that will offer subscribers access to its current ..
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CNN cuts end Mitchell's show on HLN

Updated 6 days ago   
By: Tiffany Paradise

NEW YORK (AP) - Jane Velez-Mitchell and her staff have been laid off due to budget cuts at CNN, ending her nightly program on the HLN network.    Her program, which ..
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Toyota recalls Lexuses in US for fuel leak risk

Updated 6 days ago   
By: Eileen Cofre

DETROIT (AP) - Toyota is recalling about 423,000 older-model Lexus luxury cars in the U.S. because a gasket can leak fuel and possibly cause a fire. The recall is among three globa..
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Peanut farmers deal with fallout from salmonella

Updated 6 days ago   
By: Eileen Cofre

ALBUQUERQUE, N.M. (AP) - Federal agriculture officials say there will be significantly fewer peanuts pulled from the ground in eastern New Mexico this harvest season.   &..
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Whole Foods to roll out rankings for produce

Updated 6 days ago   
By: Eileen Cofre

NEW YORK (AP) - Whole Foods plans to start rolling out a system that ranks fruits and vegetables as "good," ''better" or "best" based on the supplier's farming practices. &nbs..
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Budget deficit drops to $483B, lowest since 2008

Updated 6 days ago   
By: Eileen Cofre

WASHINGTON (AP) - The deficit for the just completed 2014 budget year was $483 billion, the lowest of President Barack Obama's six years in office, the government reported Wednesda..
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HBO to offer stand-alone streaming service

Updated 6 days ago   
By: Eileen Cofre

NEW YORK (AP) - Premium cable channel HBO plans to offer a stand-alone version of its popular video-streaming service in 2015.    At an investor meeting at parent Ti..
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Facebook, Apple pay for egg freezing, sperm donors

Updated 7 days ago   
By: Eileen Cofre

NEW YORK (AP) - Free lunches, dry cleaning, massages - frozen eggs?    Silicon Valley's biggest companies have long offered cushy perks to attract top talent and kee..
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Ailing global economy could lead Fed to delay hike

Updated 7 days ago   
By: Eileen Cofre

WASHINGTON (AP) - Just as the U.S. job market has finally strengthened, the Federal Reserve now confronts a new worry: A sputtering global economy that's spooked investors across t..
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Citigroup to exit retail banking in 11 markets

Updated 7 days ago   
By: Eileen Cofre

NEW YORK (AP) - Citigroup customers across Central America and parts of Eastern Europe will be looking for a new place to bank next year.    Citigroup said Tuesday t..
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