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From The Wire


U.N. Security Council Unanimously Approves Probe Of Crash In Ukraine

UNITED NATIONS (MCT) — The United Nations Security Council, increasing pressure on Russia over the downing of a jetliner of Ukraine, adopted a resolution Monday calling for investigators to have unfettered access to the crash site and demanding a cease-fire in the area. Russia, which has been accused by other nations of involvement in Thursday’s […]

Hot Property: Are The Obamas Buying A Home In Rancho Mirage?

LOS ANGELES (MCT) — President Barack Obama and his wife, Michelle, could be the owners of a home in the Southern California desert community of Rancho Mirage listed at $4.25 million before the month is out. The first family is believed to be in escrow on a contemporary home in a gated community where entertainers […]

Fewer Children Arriving At The Border Unaccompanied, White House Says

WASHINGTON (MCT) — The number of children arriving at the border unaccompanied has dropped sharply so far this month, according to preliminary data released by the White House. The number of unaccompanied minors picked up by Border Patrol agents in the first two weeks fell to about 150 per day, down from an average of […]

To Encourage Saving, Some States Turn To Prizes

(MCT) — Nearly a dozen States believe they’ve found a way to encourage people to save more money — and have fun doing it. And the idea costs not a dime in State funds. Four States — Michigan, Nebraska, North Carolina and Washington — now allow credit unions to offer cash prizes as an incentive […]

Consumers Are Padding Their Checking Accounts

(MCT) — With wounds from the Great Recession still fresh, chastened Americans are hoarding more cash in their checking accounts than at any time in the past 25 years. The defensive stance, uncharacteristic of previous periods of low inflation and an improving economy, reflects how debt-burdened Americans have striven to clean up their personal finances […]

Business Economists Say Sales, Hiring And Pay Are Up

WASHINGTON (MCT) — More companies reported increased sales in the second quarter of the year, fueling a jump in hiring and pay raises, according to a survey of business economists released Monday. After a dismal winter in which bad weather derailed a recovery from the recession, respondents to the National Association for Business Economics survey […]

Tax Inversion Threatens States’ Revenue

(MCT) — American companies that merge with foreign competitors to lower their Federal taxes also cut their State taxes, leaving States to mostly watch helplessly as their tax revenue drains away. A rash of companies has been buying up foreign competitors and then moving their “parent” companies to the foreign sites, a tactic known as […]

College Graduates’ Starting Salaries Lag Behind The Rest

(MCT) — Starting salaries for recent college graduates have risen far more slowly than the average earnings of all U.S. workers since the recession, an analysis by the Federal Reserve Bank of San Francisco found. The study, released Monday, found that median earnings for recent college graduates rose only 6 percent from 2006 to 2013, […]

Pig Producers’ Fight Over Drug Looms Over Trade Talks

WASHINGTON (MCT) — R.C. Hunt, who has raised pigs for 50 years in North Carolina, offers no apologies for a common practice in the U.S. pork industry: mixing feed with a controversial drug that makes the animals grow leaner in the final weeks of their lives. With the Food and Drug Administration allowing farmers to […]

This NC Candidate Wants Votes, Taco Trucks And Beer Money

(MCT) — As a Libertarian pizza deliverer looking to upset the U.S. Senate race in North Carolina, long-shot candidate Sean Haugh was bound to attract some attention. The hotly contested race between Democrat Kay Hagan and Republican Thom Tillis has drawn more outside spending than any other contest in the country, already drowning voters with […]

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