Search results for

Thursday's GDP report shows the U.S. economy grew at an annual rate of 2.6% in July, August and September, after shrinking in the first half of the year.

Thousands of federal inmates are being released because of a change in the way the U.S. government sentences drug criminals, but few are going straight from prison to freedom.

Energy companies secured access to 1.6 million acres of waters offered at auction. It's the second time this month that the administration has opened federal territory for new fossil fuel drilling.

The U.S. Geological Survey reported a 6.8 magnitude earthquake centered just off the Pacific Coast, about 50 miles south of Guayaquil, Ecuador's second-largest city.

The Dow Jones industrial average closed above 10,000 points Wednesday, fueled by better-than-expected retail sales numbers and big profits at JP Morgan Chase. The bank reported third-quarter earnings of $3.6 billion, but warned that it still expects more problems with consumer loans.

Florida retailers hope for a boost to summer sales with the start Monday of a back-to-school sales tax “holiday.”

More Americans lost jobs in January than in any month in the past 34 years, adding to the nation's strained unemployment roll as the Obama administration tries to pull the economy out of a tailspin. This was the deepest cut in payrolls since December 1974.

The Labor Department has said the nation's unemployment rate rose to 6.5 percent in October, its highest rate in 14 years. The report said 240,000 jobs were lost, worse than expected. This year, 1.2 million jobs have been lost.

Christopher Haynes has been on the run for a week, since escaping from police custody at George Washington University Hospital on Sept. 6.

The European Union shelved an anti-pesticide proposal Tuesday in another concession to farmers after weeks of protests that blocked many capitals and economic lifelines across the 27-nation bloc.