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Obama draws sharp contrasts with 'mean' Republicans
President Barack Obama runs up the stairs to board Air Force One, Thursday, July 2, 2015, at Andrews Air Force Base, Md., en route to La Crosse, Wis., where he is to speak  at the University of Wisconsin at La Crosse about economy and to promote a proposed Labor Department rule that would make more workers eligible for overtime.  (AP Photo/Carolyn Kaster)

Updated: 5:36 p.m. Thursday, July 2, 2015

Wading into presidential politics, President Barack Obama on Thursday promoted his brand of middle-class economics by drawing sharp contrasts with "mean" Republicans in a state whose GOP governor was preparing to enter the vast 2016 presidential field. "They're good people," Obama said of Republicans. "It's just their ideas are bad." ...
US stocks slip on mixed US jobs report, Greek fears

Updated: 4:47 p.m. Thursday, July 2, 2015

Stocks ended a tumultuous trading week with slight losses Thursday as investors sought safety ahead of an extended holiday weekend. Investors bought at the opening of trading after a Labor Department report on job creation suggested the economy was improving, though not so fast as to raise the specter of ...
Experts give their take on jobs, Fed and financial markets
In this photo taken Wednesday, June 10, 2015, Gary Stiepleman, right, talks to job seeker Randy Frias, of Miami, left, at a job fair in Sunrise, Fla. The jobs report released Thursday, July 2, 2015, one of the most-watched pieces of news in financial markets, painted a mixed picture of the U.S. labor market. And it left a key question hanging over stocks and bonds: When and how quickly will the Federal Reserve raise interest rates. (AP Photo/Alan Diaz)

Updated: 4:29 p.m. Thursday, July 2, 2015

If investors hoped Thursday's U.S. jobs report would give them clarity, they were probably disappointed. The report, one of the most-watched pieces of news in financial markets, painted a mixed picture for U.S. employment. And it left a key question hanging over stocks and bonds: When and how quickly will ...
US unemployment falls to 7-year low, but wages are flat

Updated: 2:41 p.m. Thursday, July 2, 2015

U.S. unemployment fell to a seven-year low of 5.3 percent and employers hired at a solid pace in June, but other gauges of the job market drew a bleaker picture: A wave of people stopped looking for work, and paychecks failed to budge. The figures released Thursday capture the persistently ...
US factory orders fell 1 percent in May

Updated: 10:19 a.m. Thursday, July 2, 2015

Orders to U.S. factories fell in May by the largest amount in three months, while a key category that signals business investment plans dropped for a second month. Factory orders declined 1 percent in May from April, when orders retreated 0.7 percent, the Commerce Department reported Thursday. Orders in a ...
US stocks open higher following mostly positive job report
People walk past an electronic stock indicator of a securities firm in Tokyo, Thursday, July 2, 2015. Asian stocks were higher on Thursday as strong U.S. payroll data overshadowed worries about Greek debt. Japan's Nikkei 225 rose 193.18 points to 20,522.50. (AP Photo/Shizuo Kambayashi)

Updated: 9:43 a.m. Thursday, July 2, 2015

U.S. stocks are opening slightly higher as investors look over a mostly positive report on the job market. Bond prices rose early Thursday as investors saw some pockets of weakness in the report. While payrolls grew overall, wage growth stalled and many people gave up looking for work. U.S.-listed shares ...
Applications for US jobless aid rise to still-low 281,000

Updated: 8:38 a.m. Thursday, July 2, 2015

More people sought U.S. unemployment benefits last week, but the level of applications is still low and points to an improving job market. The Labor Department says weekly applications rose 10,000 to a seasonally adjusted 281,000. The four-week average, a less volatile figure, ticked up 1,000 to 274,750. Applications are ...
Solid hiring expected for June as US job market nears normal
In this photo taken Tuesday, June 30, 2015, Sophia Lewis, left, with PSEG Long Island, speaks to an attendee about employment opportunities during a job fair at Citi Field in New York. U.S. employers likely hired at another strong pace in June, a sign that the job market is nearing full health and giving the Federal Reserve reason to raise interest rates as early as September. Economists predict that employers added 233,000 jobs and that the unemployment rate dipped to 5.4 percent from 5.5 percent in May, according to data firm FactSet.  (AP Photo/Mary Altaffer)

Updated: 3:30 a.m. Thursday, July 2, 2015

U.S. employers likely hired at another strong pace in June, a sign that the job market is nearing full health and giving the Federal Reserve reason to raise interest rates as early as September. Economists predict that employers added 233,000 jobs and that the unemployment rate dipped to 5.4 percent ...
What crisis? Stronger banks, economies ease fear over Greece
FILE - In this  Feb. 3, 2015, file photo, a Greek flag flies outside the Athens Stock Exchange. In 2012, financial markets were rattled by the possibility Greece would elect a left-wing government, default on their debts and drop the euro currency. In 2015, the left-wing party, Syriza, holds power in Athens. Greece actually did miss a loan payment to the International Monetary Fund late Tuesday, June 30, 2015. And the nation's future in the eurozone hinges precariously on a referendum Sunday, July 5, 2015. (AP Photo/Petros Giannakouris, File)

Updated: 3:11 a.m. Thursday, July 2, 2015

The prospect of a Greek crackup isn't so terrifying anymore. In 2012, financial markets were rattled by the possibility that Greeks would elect a left-wing government, default on their debts and drop the euro currency. The fears pushed the Standard & Poor's 500 stock index down nearly 10 percent that ...
Asian stocks gain as US data eclipses Greek risk

Updated: 11:55 p.m. Wednesday, July 1, 2015

Asian stocks were higher on Thursday as strong U.S. payroll data overshadowed worries about Greek debt. KEEPING SCORE: Japan's Nikkei 225 rose 1.2 percent to 20,564.59 while South Korea's Kospi added 0.4 percent to 2,106.20. Hong Kong's Hang Seng gained 0.6 percent to 26,396.56 and Australia's S&P/ASX 200 advanced 1.1 ...
US probes possible collusion among airlines to keep fares up

Updated: 11:32 p.m. Wednesday, July 1, 2015

The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press. The civil antitrust investigation by the Justice Department appears to focus on whether airlines illegally signaled to each other how quickly they would ...
The Latest: Moody's downgrades Greece to Caa3
Pensioners stand in a queue outside a bank in Athens, Wednesday, July 1, 2015. About 1,000 bank branches around the country were ordered by the government to reopen Wednesday to help desperate pensioners without ATM cards cash up to 120 euros ($134) from their retirement checks. Eurozone finance ministers were set to weigh Greece's latest proposal for aid Wednesday. (AP Photo/Daniel Ochoa de Olza)

Updated: 8:18 p.m. Wednesday, July 1, 2015

The latest news on Greece's financial woes (all times local): ___ 3 a.m. President Barack Obama and Italian Prime Minister Matteo Renzi are discussing ways to keep Greece in the eurozone. The two leaders spoke by phone on Wednesday. The White House says Obama and Renzi agreed it's important to ...
US manufacturing growth improves in June; hiring jumps
In this photo taken June 11, 2015, machinist Angel Altamirano, 32, of River Rouge, grinds a guardrail for a staircase in Detroit. The Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for June on Wednesday, July 1, 2015. (Todd McInturf /The Detroit News via AP) DETROIT FREE PRESS OUT; HUFFINGTON POST OUT

Updated: 10:56 a.m. Wednesday, July 1, 2015

U.S. manufacturing growth improved in June, helped by a jump in employment. The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its manufacturing index rose to 53.5 last month from 52.8 in May. Manufacturing activity matched January's level for the highest this year. Any reading ...
US stocks open higher following gains in European markets
Trader Jonathan Corpina, center, works on the floor of the New York Stock Exchange, Tuesday, June 30, 2015.  U.S. stocks are rising broadly in early trading as investors hope for a last-minute deal on Greece's debt woes. (AP Photo/Richard Drew)

Updated: 9:42 a.m. Wednesday, July 1, 2015

U.S. stocks are opening higher following gains in Europe as investors hope Greece can find a way to remain in the eurozone. Greece's government appeared to be softening its stance toward its creditors, but European officials ruled out any deal before a Greek referendum this weekend. Chubb Corp. soared 32 ...
Survey: US businesses step up hiring in June to 237,000
In this photo taken, Wednesday, June 10, 2015, Luis Duran fills out a job application during a job fair in Sunrise, Fla. Payroll processor ADP reports how many jobs private employers added in June on Wednesday, June 30, 2015. (AP Photo/Alan Diaz)

Updated: 8:59 a.m. Wednesday, July 1, 2015

U.S. businesses added jobs at a robust pace in June, a private survey found, evidence that rising consumer spending and a healthy housing market are supporting more hiring. Payroll processor ADP said Wednesday that businesses added 237,000 jobs last month, up from 203,000 in May. That is the most since ...
Greece's bailout expires, country defaults on IMF payment
Supporters of the NO vote in the upcoming referendum hold a Greek flag as riot police block the entrance of the parliament during a rally at Syntagma square in Athens on Monday, June 29, 2015. Anxious Greek pensioners swarmed closed bank branches and long lines snaked outside ATMs as Greeks endured the first day of serious controls on their daily economic lives ahead of a July 5 referendum that could determine whether the country has to ditch the euro currency and return to the drachma. (AP Photo/Daniel Ochoa de Olza)

Updated: 10:57 p.m. Tuesday, June 30, 2015

Greece slipped deeper into its financial abyss after the bailout program it has relied on for five years expired at midnight Tuesday and the country failed to repay a loan due to the International Monetary Fund, deepening fears over whether it will be able to remain in the eurozone. With ...
IMF: Greece misses $1.8 billion loan payment
An elderly man waits to receive his pension outside the closed to the public National Bank of Greece headquarters, in Athens, on Tuesday, June 30, 2015. A day after worried elderly Greeks swarmed banks in the hope they would open, the finance ministry said Tuesday morning it would open about 1,000 bank branches across the country for three days this week to allow pensioners without bank cards to make withdrawals. (AP Photo/Petros Giannakouris)

Updated: 6:22 p.m. Tuesday, June 30, 2015

The latest news on Greece's financial woes (all times local): ___ 1:21 a.m. The International Monetary Fund says Greece missed a $1.8 billion debt payment Tuesday, becoming the first developed country to default on a loan to the lending agency. Eurozone finance chiefs refused to grant a last-minute extension of ...
Consumer confidence index climbs to 101.4 in June
In this June 6, 2015 photo, a customer, bottom, pays for goods while shopping at the Atlanta Farmers Market in Atlanta. The Conference Board releases its June index on U.S. consumer confidence on Tuesday, June 30, 2015. (AP Photo/David Goldman)

Updated: 11:48 a.m. Tuesday, June 30, 2015

Consumer confidence showed a solid gain in June following a modest increase in May, supporting the view that strong job gains are giving a boost to the overall economy. The Conference Board said Tuesday that its consumer confidence index rose to 101.4 in June, up from a May reading of ...
US stocks open higher as hopes rise for late deal on Greece
Currency traders watch monitors at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Tuesday, June 30, 2015. Asian stock markets bounced back Tuesday, recouping some of the previous day's sharp losses, but investors remained worried the crisis in Greece could spread to other financially weak countries. (AP Photo/Ahn Young-joon)

Updated: 9:41 a.m. Tuesday, June 30, 2015

U.S. stocks are rising broadly in early trading as investors hope for a last-minute deal on Greece's debt woes. The rebound Tuesday came a day after U.S. markets had their biggest plunge of the year. The Dow Jones industrial average rose 97 points, or 0.6 percent, to 17,691 as of ...
Asia stocks bounce back but Greece uncertainty still looms
Trader Greg Mulligan works on the floor of the New York Stock Exchange, Monday, June 29, 2015. Stocks are falling in early trading in the U.S., but not as much as in Europe as Greece's debt woes deepen. (AP Photo/Richard Drew)

Updated: 1:01 a.m. Tuesday, June 30, 2015

Asian stock markets bounced back Tuesday, recouping some of the previous day's sharp losses, but investors remained worried the crisis in Greece could spread to other financially weak countries. Japan's benchmark Nikkei 225 gained 0.4 percent to 20,189.02 after dropping to its lowest point for the year Monday. South Korea's ...
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