IMF lowers estimate of US economic growth in 2014

WASHINGTON — The International Monetary Fund foresees the U.S. economy growing a modest 2 percent this year, below its previous estimate of 2.7 percent. That would be nearly identical to the economy's 1.9 percent growth in 2013. A brutal winter and...

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World stock market subdued as investors await Fed

HONG KONG — World stock markets were subdued on Monday as the turmoil in Iraq dampened sentiment and investors held back ahead of the Federal Reserve's monthly policy meeting later in the week. Oil prices hovered at a nine-month high as fears grew that...

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Egypt: Verdict in Al-Jazeera trial June 23

CAIRO — The trial in Egypt of three Al-Jazeera English journalists and 17 others was adjourned Monday until next week, when the judge will deliver the verdict five months after the trial opened, Egypt's state news agency said. The case is the first...

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‘Kids to college’ savings programs take root

Like many busy mothers of young kids, Sylvia Suarez never thought too much about college for her two boys, much less saving for it. College simply seemed a long way off. Until this school year. Under a pilot program at Tahoe Elementary School in Sacramento,...

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US stocks edge lower in morning trading

Major stock indexes inched lower in morning trading Monday as investors watched developments in Iraq. A batch of corporate merger news drove up shares in medical device maker Covidien and natural gas producer Williams Cos. Traders also bid up U.S. homebuilder...

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Starbucks clears college degree path for employees

NEW YORK — Starbucks is giving its baristas a bargain on an online college degree. The company is partnering with Arizona State University to make an undergraduate education available at a steep discount to 135,000 U.S. employees who work at least 20...

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Giti Tire expected to bring 1,700 jobs to SC

COLUMBIA, S.C. — A Singapore-based tire manufacturer plans to spend $560 million on a plant in South Carolina that is expected to create 1,700 new jobs over the next decade. State officials said Monday that Giti Tire is building its first North American...

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Gossip site wins appeal of cheerleader's lawsuit

CINCINNATI — An appeals court has found that an Arizona-based gossip website is immune from being sued by a former Cincinnati Bengals cheerleader over online posts that said she was promiscuous and had sexually transmitted diseases. The decision from...

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New version of Boeing 787 gets regulatory OK

EVERETT, Wash. — Boeing says that U.S. and European regulators have approved its newest and larger version of the 787 passenger jet for commercial flying. The company says that the first Boeing 787-9 Dreamliner is undergoing final preparation before...

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Target: Glitch caused delays at checkout registers

MINNEAPOLIS — Target Corp. said a glitch in its system caused delays at checkout registers at some of its U.S. stores but it wasn't due to a data security issue or a hacker. Customers across the country took to social media to report long check-out...

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