WASHINGTON – U.S. consumers cut back on their spending in September, even as their incomes showed moderate growth, according to a government report released on Friday that renewed worries about the resilience of the consumer-led economic recovery. The Commerce Department said personal spending, one of the main drivers of economic …
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WASHINGTON – Rep. Dick Gephardt will run for the position of speaker of the House if Democrats win control of the House in Tuesday’s midterm elections, aides said Friday. Whether he will continue to work as minority leader if Republicans maintain control of the chamber is less certain. “Mr. Gephardt …
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MOSCOW – Russia’s foreign minister praised the U.N. resolution on disarming Iraq, saying Saturday that it averted the threat of war and paved the way for lifting sanctions. The Security Council unanimously approved the U.S.-drafted resolution Friday. It gives weapons inspectors wide latitude to hunt for weapons of mass destruction …
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PARK CITY, Utah – More than 150 rescue workers and trained dogs began scaling Utah’s treacherous backcountry at sunrise Sunday to continue the search for as many as five people feared buried by a massive avalanche. The amount of snow forced down the mountain by Friday’s slide — up to …
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NEW YORK – Stocks rose Friday after a sharper-than-expected drop in December producer prices assuaged Wall Street’s fear that inflationary pressure could lead the Federal Reserve to raise interest rates aggressively. Walt Disney shares and cyclical shares such as Honeywell International Inc. helped support market indexes. The Dow Jones industrial …
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CHICAGO – American Italian Pasta Inc. (PLB) Wednesday posted higher than expected quarterly profit as the company said there were signs that the low-carbohydrate diet trend is fading, sending its shares up nearly 20 percent. Quarterly earnings, however, fell 74 percent as the company said there were still “consumer demand …
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Thousands of people shop at Wal-Mart every day, but few do so at gunpoint. WCMH-TV of Columbus, Ohio, reports that Jeremy Schumacher, 26, came home from work at about 2 a.m. last Thursday morning when two guys with a gun ambushed him outside his front door. They told him they …
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ATLANTIC BEACH, Fla. – The adoptive mother of a 31/2-year-old boy at the center of a custody dispute tearfully handed the boy to his biological mother on Saturday, then dropped to the ground and repeatedly screamed: “How can they do this to a little boy?” Evan, bundled in a blue …
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WASHINGTON – President Bush (search) will be on the ballot, at least in the realm of public opinion, when Iraq holds its first democratic election in nearly half a century. Sunday’s vote provides the world a chance to measure the results of a U.S.-led war that has killed more than …
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The outpouring of generosity and compassion to tsunami survivors (search) could trace back to the givers’ genes. Humans seem to be wired to help each other, new research shows. Researcher J. Philippe Rushton works in the University of Western Ontario’s psychology department. He’s fascinated by the possible connection between genes …
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