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(New York, NY) -- Stocks closed in negative territory Wednesday as energy shares continue to suffer. Chevron and Exxon both lost more than three percent. Hess and Murphy Oil dropped more than seven percent. The Dow closed 196 points lower to 17-192. The Nasdaq dropped 44 points...
(Washington, DC) -- Despite the economy improving, one out of every five American children still rely on food stamps. According to the U.S. Census, the U.S. has the highest rate of child poverty in the industrialized world. Experts say this figure shows that the improving...
(Washington, DC) -- After more than a week of debate, the Keystone XL Pipeline bill remains bogged down in the Senate. Cindy Shild with the American Petroleum Institute says the measure failed to make it to the floor for a final vote because of "a boat load" of amendments. Shild...
(Washington, DC) -- The Federal Reserve is leaving short-term interest rates unchanged at near zero for now, saying it's best to remain "patient" on any potential increase. The Federal Open Market Committee was not expected to make any significant announcements regarding the...
(Detroit, MI) -- Two major automakers are announcing safety recalls today. Ford is recalling nearly a quarter-of-a-million vehicles because of separate problems with door latches and seatbelts. Nissan is recalling 768-thousand vehicles for electrical and hood latch issues. No...
(New York, NY) -- Two of the nation's oldest and biggest tobacco companies are attempting a mega-merger. Reynolds American, maker of Camel cigarettes got approval from it shareholders to buy Lorillard, maker of Newport, for 25-billion dollars. If the deal overcomes antitrust...
(New York, NY) -- Crude oil prices are getting hammered. West Texas Intermediate crude is back below 45 dollars a barrel today as stock continues to swing. A barrel fell as low as 44 dollars and 92 cents this morning. Yesterday, the American Petroleum Institute reported that...
(Undated) -- Walmart supercenters are expanding the American waistline. That's one of the conclusions of a new report published the National Bureau of Economic Research. The researchers found higher rates of obesity in areas dense with supercenters. The report notes that big-box...
(Undated) -- People who work from home are often more productive than those who work in an office. That's according to Stanford University researchers, who found that employees are 13 percent more productive than office workers. Reasons for increased productivity included less...