NEW YORK Global stocks and the dollar closed higher on Thursday after recent slides, as increasingly bearish expectations for European rate rises and US employment were dashed by a dose of moderately favorable news. Crude prices retreated from another all-time high of $145.85 a barrel during the session, further helping sentiment among equity investors. The rise in oil has been a key factor pushing stocks into a bear market. The Dow industrials earlier this week extended their decline to the 20 percent level at which a market is considered depressed; the more buoyant and broadly-based S&P...
photo: WN / Denise Yong
Judge upholds city's ban on street newspaper sales
The State
The State
The Associated Press DURHAM, N.C. -- A federal judge has upheld the city of Burlington's ban on vendors standing in the street to sell Sunday newspapers to drivers. U.S. District Court Judge Thomas D. Schroeder ruled...
Overseas contract loophole is closing
The State
The State
By LARA JAKES JORDAN - Associated Press Writer WASHINGTON -- A multibillion-dollar loophole that would have let contractors escape reporting abuse of taxpayer dollars spent abroad is being closed. The loophole was...
Bush will attend opening ceremonies of Olympics
The State
The State
By BEN FELLER - Associated Press Writer WASHINGTON -- President Bush will attend the opening ceremonies of the Olympics in Beijing, the White House said Thursday. The announcement quashed any talk of a presidential...
Seattle faces challenges to bring NBA back
The State
The State
By TIM BOOTH - AP Sports Writer SEATTLE -- As the SuperSonics pack for the move to Oklahoma City, basketball fans and city officials were hopeful about the provisions of the team's departure deal that could lead to a new...
Crocs feel the bite of Berkeley County budget cuts
The State
The State
By ANDY PARAS - The (Charleston) Post and Courier MONCKS CORNER, S.C. -- They don't know it yet but the two dozen crocodiles at Cypress Gardens have little reason to smile these days. What is widely considered to be the...
Analysts: End to Rising Oil Prices Not in Sight
Voa News
Voa News
The price of oil has hit an all-time high in London, rising above $146 a barrel, with New York crude prices not far behind. Tendai Maphosa reports for VOA from London analysts do not see an end to the price increases...
NHRA changing priorities in wake of tragedy
Kansas City Star
Kansas City Star
The death of Scott Kalitta has shaken up the NHRA and sent the organization, its owners and drivers back to the drawing board on safety issues. Kalitta was killed in a fiery crash June 21 in Englishtown, N.J. After his...
Beasley returns to practice with Heat summer team
Kansas City Star
Kansas City Star
MIAMI | Michael Beasley returned to practice with the Miami Heat on Thursday, one day after the No. 2 overall pick in last week's NBA draft was knocked out of his first official summer-league workout with a chest bruise....
