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Humbug holidays: US retail sales drop 1.2 pct in December

WASHINGTON (AP) — U.S. retail sales fell in December, posting the biggest drop since September 2009 and delivering more evidence that last year's holiday sales fizzled unexpectedly. Even e-commerce suffered a big setback. The Commerce Department...

 

Source of fall romaine outbreak a mystery, US regulators say

NEW YORK (AP) — U.S. food regulators say they weren't able to identify a contamination source for a food poisoning outbreak that prompted them to warn people to avoid romaine lettuce this fall . The Food and Drug Administration says it wasn't able...

 

Q&A: Should anyone worry about a $22 trillion national debt?

WASHINGTON (AP) — The government surpassed a dubious milestone this week: Its debt topped $22 trillion — that's trillion, with a "t'' — for the first time. Piles of federal debt have been growing ever higher for years, fueled by accumulating...

 

St. Gregory's trustee denies a museum's $2.3 million claim

SHAWNEE, Okla. (AP) — A museum is wrong to demand $2.3 million from a St. Gregory University auction of mineral interests, according to the trustee tasked with liquidating the school's assets to pay off creditors during federal bankruptcy proceedin...

 

National debt hits new milestone, topping $22 trillion

WASHINGTON (AP) — The national debt has passed a new milestone, topping $22 trillion for the first time. The Treasury Department's daily statement showed Tuesday that total outstanding public debt stands at $22.01 trillion. It stood at $19.95...

 

Fed Chairman Powell says prosperity not felt in all areas

ITTA BENA, Miss. (AP) — Federal Reserve Chairman Jerome Powell traveled Tuesday to a historically black university in the Mississippi Delta to deliver a message that the nation's prosperity has not been felt in many such areas around the country....

 

Bill, Melinda Gates unfazed by criticism of wealthy giving

KIRKLAND, Wash. (AP) — Bill and Melinda Gates are pushing back against a new wave of criticism about whether billionaire philanthropy is a force for good. The couple, whose foundation has the largest endowment in the world, say they are not fazed...

 

US job openings jump to record high of 7.3 million

WASHINGTON (AP) — U.S. employers posted the most open jobs in December in the nearly two decades that records have been kept, evidence that the job market is strong despite several challenges facing the economy. The Labor Department said Tuesday...

 

Average US price of gas jumps a penny per gallon, to $2.34

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline is up a penny a gallon over the past two weeks, to $2.34. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that she expects gas prices to keep rising...

 

APNewsBreak: White House says no 'sabotage' of health law

WASHINGTON (AP) — Borrowing a word from Democrats, a new White House report says changes made to the Affordable Care Act under President Donald Trump didn't amount to "sabotage." Due out Friday, the report from the Council of Economic Advisers says...

 

Oil workers flee Venezuela's crisis for a better life

PUNTO FIJO, Venezuela (AP) — Nieves Ribullen, a Venezuelan oil worker sick of struggling to get by as his country falls apart, is betting it all on far-away Iraq's Kurdish region to give his family a better life. Over the years he's watched dozens...

 

US emergency aid for Venezuela arrives at Colombian border

CUCUTA, Colombia (AP) — Trucks carrying U.S. humanitarian aid destined for Venezuela arrived Thursday at the Colombian border, where opposition leaders vowed to bring them into their troubled nation despite objections from embattled President...

 

A college changing that women underrepresented in oil, gas

NEW IBERIA, La. (AP) — In her pink-and-grey sweatshirt and fuzzy boots, Courtney Long picks a drill bit off a table in her classroom at South Louisiana Community College's campus in New Iberia. She points out how it's much heavier than it looks...

 

Arizona health facility rape spurs video surveillance push

PHOENIX (AP) — Arizona is trying to catch up to 10 states with laws allowing electronic monitoring and other technology aimed at deterring abuse of vulnerable people at long-term care facilities, following the rape of an incapacitated Phoenix...

 

Financial watchdog to gut most of its payday lending rules

NEW YORK (AP) — The nation's federal financial watchdog said Wednesday that it plans to abolish most of its critical consumer protections governing payday lenders. The move is a major win for the payday lending industry, which argued the...

 

Opioid maker considered profiting off addiction treatment

BOSTON (AP) — As the nation's opioid crisis was deepening, the company that makes a powerful prescription painkiller considered marketing an anti-addiction drug to "an attractive market" of people with addictions, according to allegations in court...

 

Trump plan would channel prescription discounts to patients

WASHINGTON (AP) — The Trump administration Thursday unveiled a plan to channel now-hidden prescription drug rebates directly to patients, saying it would bypass middlemen and lower prices for consumers. The proposed regulation from Health and...

 

Trump plans to meet Xi after US-China talks end with no deal

WASHINGTON (AP) — President Donald Trump on Thursday talked up China's commitment to buy more American soybeans. But the tough issues dividing the world's two biggest economies remained unsettled after two days of meetings between U.S. and Chinese...

 

From corn to Apple: The cases behind the US-China standoff

WASHINGTON (AP) — The Trump administration's case against Beijing is blunt: The Chinese have gone on a commercial crime spree, pilfering trade secrets from seed corn to electronic brains behind wind turbines. China has stripped the arm off a...

 

US average mortgage rates edge up; 30-year at 4.46 percent

WASHINGTON (AP) — U.S. long-term mortgage rates edged up after declining in recent weeks. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year, fixed-rate mortgage rose to 4.46 percent, from 4.45 percent last week...

 

Family made billions on opioid as crisis raged, filing says

BOSTON (AP) — The family behind OxyContin raked in billions of dollars as it pushed to keep patients on the powerful painkiller longer despite evidence that the drug was helping to fuel the nation's deadly opioid crisis, Massachusetts authorities...

 

Stocks jump after Fed indicates patience on rate increases

Stocks powered higher Wednesday after the Federal Reserve signaled it could hold off on interest rate increases in the coming months, citing muted inflation. The Fed's announcement allays one of the biggest concerns for investors: That the economy, a...

 

FDA OKs 1st generic version of popular Advair asthma inhaler

The first generic version of the popular Advair asthma inhaler has been approved by U.S. regulators. The Food and Drug Administration on Wednesday approved Mylan's version in three strengths for ages 4 and up. The inhalers are used twice daily to...

 

Program helps teens living in children's home buy 1st car

TULSA, Okla. (AP) — Teenage residents of care home for children in northeast Oklahoma are being encouraged to buy their first cars with the support of an innovative program. The Tulsa World reports that teenagers at the Sand Springs Children's...

 

Fuel theft tunnel found in Mexico City; toll in fire at 119

MEXICO CITY (AP) — Authorities discovered a tunnel Tuesday beneath an industrial building in Mexico City that fuel thieves dug to tap gasoline and diesel pipelines. Mexico discovers thousands of such taps each year, but seldom are they found...

 

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