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Producer Prices Climbed In September

WASHINGTON, Oct. 18 (UPI) — The U.S. Producer Price Index for finished goods rose 0.8 percent in September, the Bureau of Labor Statistics reported Tuesday. Overall, prices have not risen as fast since April, when they also jumped 0.8 percent. Prior to that, prices have not risen as fast since December 2010, when they rose […]

Moody’s Warns France’s Credit At Risk

PARIS, Oct. 18 (UPI) — Moody’s Investor’s Service warned France that its coveted triple-A credit rating is in jeopardy, a warning that has deep repercussions throughout the eurozone. France has been one of the key countries, alongside Germany, that has been working for two years to restore confidence in the eurozone, which is struggling with […]

Builder Confidence Rises Slightly

WASHINGTON, Oct. 18 (UPI) — Builder confidence in the U.S. market for newly built, single-family homes remains low, but rose in October, a national housing market index indicated. The National Association of Home Builders/Wells Fargo Housing Market Index rose 4 points to 18, the highest jump since April 2010, the trade group said. The break-even […]

Las Vegas Casino Offers Online Poker

LAS VEGAS, Oct. 18 (UPI) — The operators of a Las Vegas casino say they are preparing for online poker to be legal in the United States by opening a free-play public online site. SouthPointPoker.com allows the public to play on the Internet but not with real money, the Las Vegas Sun reported. South Point […]

Lending, With Exceptions, Is Rising

NEW YORK, Oct. 18 (UPI) — Lending in some categories is slowly increasing at some of the largest U.S. banks, data from quarterly records show. Generally, the exception is mortgage and home equity loans, which dropped 6.2 percent since a peak in late 2007, Federal Reserve data shows. However, Timothy Sloan, chief financial officer at […]

FBI Investigates Dead Newborn On Cruise

PORT CANAVERAL, Fla., Oct. 16 (UPI) — Officials Sunday said they were investigating the death of a newborn whose body was found in a cruise ship cabin docked at the Caribbean island of Saint Martin. The Carnival Cruise Lines ship returned to Port Canaveral, Fla., where FBI agents boarded the vessel Saturday, the Orlando (Fla.) […]

Private Memorial Held For Steve Jobs

STANFORD, Calif., Oct. 17 (UPI) — A memorial service held at Stanford University Sunday to mark the passing of Apple Inc. co-founder Steve Jobs attracted hundreds of his colleagues and admirers. The private evening service was notable for the heavy security presence and details of the event were scarce, The Wall Street Journal Reported. Attendees […]

Industrial Production Up Slightly

WASHINGTON, Oct. 17 (UPI) — Industrial production rose 0.2 percent in September, the U.S. Federal Reserve Board said Monday. Manufacturing output rose 0.4 percent after rising 0.3 percent in August. Production at mines rose 0.8 percent after rising 1.2 percent in August. Production at utilities fell for the second consecutive month, falling 1.8 percent after […]

California Squashes Local E-Verify Laws

SACRAMENTO, Oct. 17 (UPI) — Advocates of a law mandating businesses check on the immigration status of workers in California say they are disappointed the state blocked the local laws. “It’s very disappointing when you spend all the time, you go to your elected representatives and you get them to do something, and then at […]

Japan’s Beef Import Policy To Change

TOKYO, Oct. 17 (UPI) — The Japanese government is considering lifting restrictions on U.S. beef imports, sources told The Yomiuri Shimbun newspaper. Import restrictions currently ban U.S. beef from cattle 20 months or older. The change, likely to be announced at a November Japan-United States summit, would change that restriction to cattle under 30 months […]

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