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Obama: GOP captive to ideologically rigid group 08/30/2014 04:02am • DARLENE SUPERVILLE Associated Press NEWPORT, R.I. (AP) -- President Barack Obama on Friday blamed dysfunction in Congress on a Republican Party he said is captive to an ideologically rigid, unproductive and cynical faction, urging like-minded Democrats to show up for November's midterm elections.Add Leader of Bakken drug ring gets 20 years prison 08/29/2014 05:07pm • MATTHEW BROWN Associated Press BILLINGS, Mont. (AP) -- A federal judge sentenced the leader of an interstate drug ring to 20 years in prison Friday for his role in a major trafficking operation that stretched from western Washington to the Bakken oil fields of the Northern Plains.U.S. District Judge Ecuador heralds digital currency plans 08/29/2014 04:22pm • GONZALO SOLANO Associated Press QUITO, Ecuador (AP) -- Ecuador is planning to create what it calls the world's first digital currency issued by a central bank, which some analysts believe could be a first step toward abandoning the country's existing currency, the U.S. dollar.The electronic money, w Obama to return home after fundraisers 08/29/2014 01:00pm • WASHINGTON (AP) -- President Barack Obama will be interrupting a weekend trip to return to the White House. Officials say he's changed his plans and will return to Washington late this evening after fundraisers in Rhode Island and New York, where he had planned to spend the night.Aides say the chang Obama to return home after fundraisers 08/29/2014 01:00pm • WASHINGTON (AP) -- President Barack Obama will be interrupting a weekend trip to return to the White House. Officials say he's changed his plans and will return to Washington late this evening after fundraisers in Rhode Island and New York, where he had planned to spend the night.Aides say the chang Obama to return home after fundraisers 08/29/2014 01:00pm • WASHINGTON (AP) -- President Barack Obama will be interrupting a weekend trip to return to the White House. Officials say he's changed his plans and will return to Washington late this evening after fundraisers in Rhode Island and New York, where he had planned to spend the night.Aides say the chang Feds reviewing Reynolds' deal to buy Lorillard 08/29/2014 11:40am • MICHAEL FELBERBAUM AP Tobacco Writer RICHMOND, Va. (AP) -- Federal regulators are putting Camel cigarette maker Reynolds American Inc.'s planned $25 billion takeover of rival Newport maker Lorillard Inc. under the microscope.The nation's second-biggest tobacco company said Friday that the Federal Tr Survey: Americans' pessimism on economy has grown 08/29/2014 07:28am • JOSH BOAK AP Economics Writer WASHINGTON (AP) -- Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health.Seventy-one percent of Americans say they think the recessio 4 reasons why investors should be careful with bonds 08/29/2014 12:00am • At the beginning of the year, almost every expert who made a prediction on the bond market had a negative outlook. It seemed like a no-brainer at the time. The U.S. economy was on the mend, which meant the Federal Reserve would continue to taper its asset purchase program, and then eventually r 5 retirement myths that can derail saving 08/29/2014 12:00am • Retirement planning can be difficult at any age because we have many competing financial obligations in our lives. However, saving for retirement is necessary, and everyone needs to plan for their own retirement. Here are some of the myths or "rules" that can lead savers astray: It's too early US economy forecast to grow by 1.5 percent in 2014 08/28/2014 05:20pm • ANDREW TAYLOR Associated Press WASHINGTON (AP) -- The Congressional Budget Office on Wednesday forecast that the U.S. economy will grow by just 1.5 percent in 2014, undermined by a poor performance during the first three months of the year.The new assessment was considerably more pessimistic than th US economy forecast to grow by 1.5 percent in 2014 08/28/2014 05:20pm • ANDREW TAYLOR Associated Press WASHINGTON (AP) -- The Congressional Budget Office on Wednesday forecast that the U.S. economy will grow by just 1.5 percent in 2014, undermined by a poor performance during the first three months of the year.The new assessment was considerably more pessimistic than th India urges millions of poor to open bank accounts 08/28/2014 10:24am • KATY DAIGLE Associated Press NEW DELHI (AP) -- India's state-owned banks are conducting a massive campaign to open millions of accounts for poor Indians who are off the financial grid and vulnerable to black market money lenders.Prime Minister Narendra Modi officially launched the program on Thursda 10 things to know about corporate inversions 08/28/2014 09:00am • STEPHEN OHLEMACHER Associated Press WASHINGTON (AP) -- Burger King is drawing a lot of flak over plans to shift its legal address to a foreign country by merging with Tim Hortons, the Canadian coffee-and-doughnut chain.The transaction is called a corporate inversion, a maneuver that is becoming popu SEC adopts rules on loan-backed securities 08/28/2014 05:40am • MARCY GORDON AP Business Writer WASHINGTON (AP) -- Federal regulators on Wednesday voted to require financial firms that sell securities backed by loans, like the kind that fueled the 2008 financial crisis, to give investors details on borrowers' credit records and income.The Securities and Exchange
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