US declines to label China as currency manipulator

The Obama administration declined Tuesday to label China a currency manipulator, noting that it has let the yuan rise nearly 10 percent in value…

Record Powerball jackpot up to $500M

Powerball officials say they’ve boosted the jackpot for Wednesday’s drawing to $500 million from the previously posted $425 million…

Fiscal cliff impact on homeowners

Unless congress acts by year end, capital gains taxes will go up for homeowners with a lot of equity in their homes. Selling now can make a big difference…

Online shopping surges in US holiday season

Americans were expected to spend $1.5 billion, up 20 percent from last year on Cyber Monday, as retailers have expanded their deals to get shoppers to click on their websites…

Protests greet shoppers at Wal-Marts nationwide

Wal-Mart workers and supporters marched in protest at a number of stores across America on Thursday and Friday, blasting the wages, benefits and treatment of employees…

Cash-strapped USPS tests same-day delivery

The cash-strapped U.S. Postal Service is moving aggressively this holiday season to offer same-day package delivery for Internet shoppers…

US drought worsens after weeks of improvement

A new report shows that the nation’s worst drought in decades is getting worse again, ending an encouraging five-week run of improving conditions…

More Americans on food stamps

A tough economy is forcing more Americans to use food stamps to buy their Thanksgiving meal this year…

Twinkies going for $3,000 online?

Since Hostess announced it would stop making the sponge cake treats, their value has skyrocketed, or at least the value resellers have put on them…

Blind cat wins award for video of him playing

Oskar the cat is an award-winning internet sensation. He’s also blind, but his owners say he’s the purr-fect pet…

US home sales up 2.1% in October

U.S. sales of previously occupied homes rose solidly in October, helped by improvement in the job market and cheap mortgages…

First class mail costs go up in January

The Postal Regulatory Commission on Friday approved the proposed rate increase, which raises the price of a first-class domestic stamp to 46 cents…

Medicare premiums going up $5 a month for 2013

The government says Medicare premiums are going up $5 a month for 2013. That’s less than expected…

“5-Hour Energy” drink linked to deaths?

Five-Hour Energy shots you see on counters almost everywhere have been linked to 13 deaths and 30 life-threatening incidents since 2008…

Asian-Americans make historic gains in Congress

A record number of Asian-Americans will serve in the next Congress, and several achieved groundbreaking firsts in last week’s elections…

Republicans asks “where do we go from here?”

Having lost the popular vote in five of the last six presidential elections, Republicans plunged Wednesday into an intense period of self-examination, blame-setting and testy debate…

Republicans, Democrats face fiscal cliff

After Tuesday’s election, both Democrats and Republicans will be tested by the immediate need for moderation if they are to avoid the feared “fiscal cliff”…

Obama re-election analysis

Obama spoke to thousands of cheering supporters in his hometown of Chicago, praising Romney and declaring his optimism for the next four years…

Obama wins second term

President Barack Obama has been re-elected to a second term, defeating Republican Mitt Romney in a hard-fought race in which the economy was the dominant issue…

Problems at some US voting polls

One voting machine in Pennsylvania lit up for Mitt Romney when a voter pressed the button for President Barack Obama. The machine was recalibrated…

Last day of campaigning

President Barack Obama and Mitt Romney stormed into the final day of campaigning before Election Day, once again visiting the toughest battleground state of all – Ohio…

Sandy’s economic damage could reach $50B

The total economic damage from Superstorm Sandy could run as high as $50 billion, according to new estimates from the forecasting firm Eqecat…

Slight increase in Social Security benefit next year

Social Security recipients shouldn’t expect a big increase in monthly benefits come January. Preliminary figures show the pay raise will be between 1 percent and 2 percent…

Warning about counterfeit air bags

U.S. car owners whose air bags have been replaced in the past three years may have had dangerous counterfeit bags installed, the Obama administration warned Wednesday…

At Bain, Romney helped China, Russia growth

As Bain & Co. head in the early 1990s, Mitt Romney presided over the corporate strategy firm’s expanding operations into China and Russia, helping their initial attempts to move into the world’s free market system.

US Protestants lose majority status

For the first time in its history, the United States does not have a Protestant majority, according to a new study. One reason: The number of Americans with no religious affiliation is on the rise…

Ca. Governor takes action on rising gas prices

The California Air Resources Board announced Sunday evening that it is easing certain restrictions on gasoline production in response to a directive issued by Gov. Jerry Brown…

US jobless rate falls to 7.8%

The U.S. unemployment rate has fallen below 8 percent for the first time in nearly four years…

California gasoline price jumps 8 cents overnight

The cost of gasoline in California jumped 8 cents overnight and is poised to soar to the highest point this year in what analysts say is a supply problem fueled by refinery and pipeline outages…

Colleges pledge to graduate additional 4 million students

Public colleges and universities are pledging they’ll produce an additional 3.8 million graduates by 2025, providing a major boost toward a national target of having 60 percent of adults hold a college degree…