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Trump adviser denies he cheered end of tunnel funding deal

NEW YORK (AP) — A prominent New York City developer who has advised the Trump administration on infrastructure denied Tuesday that he cheered the...

Long-term US mortgage rates climb for fifth straight week

WASHINGTON (AP) — Long-term U.S. mortgage rates climbed for the fifth straight week amid investors' growing concern about inflation. Mortgage giant Freddie Mac said Thursday...

Mortgages get more expensive as rates hit near 4-year peak

The cost of borrowing for a home keeps going up, a potential obstacle to would-be buyers at a time when home prices are at...

Global growth, dollar, push durable goods orders up 2.9 pct

WASHINGTON (AP) — Orders for long-lasting manufactured goods rose 2.9 percent in December, the fastest pace since June and another sign of strength for...

UPS posts $1.1 billion profit for 4Q on high online shopping

DALLAS (AP) — UPS was caught off-guard by the crush of online shopping leading up to Christmas and plans to spend a chunk of...

Colorado OKs new rules for oil, gas lines after fatal blast

DENVER (AP) — Colorado regulators approved new rules for thousands of oil and gas pipelines Tuesday, 10 months after investigators blamed a leaking pipeline...

Shipping shakeup? Amazon may deliver its own packages

Amazon has already shown that it can rattle the retail, grocery and health insurance industries, and now it is doing the same in the...

For builders, demand and economy up; so are interest rates

NEW YORK (AP) — The outlook from U.S. builders is being buoyed by a strong job market and a sizzling hot economy. The National Association...

Coke sales fall as company shifts gears, sheds bottling biz

ATLANTA (AP) — Coca-Cola swung to a fourth-quarter loss after being hit with a $3.6 billion tax charge tied to a sweeping overhaul of...

Federal Reserve imposes new penalties on Wells Fargo

WASHINGTON (AP) — The Federal Reserve is imposing more penalties on Wells Fargo, freezing the bank's growth until it can prove it has improved...

Asian shares mixed ahead of US inflation, Lunar New Year

TOKYO (AP) — Asian shares were mixed Wednesday with investors adopting a wait-and-see stance ahead of Lunar New Year holidays and the release of...

Uber to pay $245 million to settle Waymo’s theft allegations

SAN FRANCISCO (AP) — Uber is paying $245 million to Google's self-driving car spinoff to end a legal brawl that aired out allegations of...

Once near death, Tropicana now No. 2 casino in Atlantic City

ATLANTIC CITY, N.J. (AP) — Ten years ago, Atlantic City's Tropicana casino was on the verge of death, having been stripped of its casino...

US economy grew at solid 2.6 percent rate in fourth quarter

WASHINGTON (AP) — The U.S. economy grew at a solid rate of 2.6 percent in the final three months of last year, helped by...

Exxon, Chevron report sharply higher 4Q profit on tax gains

DALLAS (AP) — Exxon and Chevron are earning billions and benefiting from the new tax law, but profits are falling short of expectations that...

Sexual assault reports against Wynn filed with Vegas police

LAS VEGAS (AP) — Two more sexual misconduct allegations were leveled against embattled casino mogul Steve Wynn on Tuesday, when police in Las Vegas...

Oklahoma pulling up red carpet offered to wind industry

OKLAHOMA CITY (AP) — As Oklahoma sought to diversify its oil-and-gas powered economy in the early 2000s, policymakers rolled out the red carpet for...

Even as markets shook, many investors held steady

NEW YORK (AP) — This month's sell-off for stocks marked the first big test of investors' mettle in years. And many ended up doing...

US inflation pressures raising expectations for rate hikes

WASHINGTON (AP) — Inflation pressures appear to be building in the U.S. economy, a prospect that is heightening anxiety about potentially higher borrowing rates...

Investment pros staying calm after rate fears clobber stocks

NEW YORK (AP) — The stock market has finally found something to fear. For more than a year, investors have brushed off bombastic talk about...

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