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Updated: 5 hours 15 min ago

Fed faces 'quite challenging' period keeping recovery on track: Yellen

Fri, 09/14/2018 - 2:43pm
The Federal Reserve faces a "quite challenging" period in trying to keep the U.S. recovery on track amid a risk that low unemployment could lead to an overheated economy, former Fed chief Janet Yellen said on Friday.

Daly appointment shows diversity gap between regional Feds

Fri, 09/14/2018 - 2:42pm
The appointment of Mary Daly as the second-ever woman to head up the San Francisco Federal Reserve makes plain that some regional central banks continue to make strides in creating a diverse leadership as criticism intensifies about the Fed's hiring policies while others fall behind.

Netflix reaches for Emmys milestone, but can it outpace HBO?

Fri, 09/14/2018 - 5:38am
The next battle in the streaming TV wars will unfold on Monday's Emmys stage, where Netflix Inc aims to end HBO's 16-year streak as the night's biggest winner and earn bragging rights for its marketing.

Gas explosions drive thousands out of homes n Boston suburbs

Fri, 09/14/2018 - 5:33am
Some 8,000 people were driven from their homes in the Boston suburbs by a series of gas explosions, and it was unclear on Friday when they could go back.

Hurricane Florence deluges Carolinas ahead of landfall

Fri, 09/14/2018 - 5:28am
Flooding from Hurricane Florence swept across the Carolinas early on Friday as the massive storm surged toward the coast, threatening record rainfall and leaving scores trapped by rising waters and thousands without power.

Steve Bannon drafting curriculum for right-wing Catholic institute in Italy

Fri, 09/14/2018 - 5:16am
Former Trump White House adviser Steve Bannon is helping to craft the curriculum for a leadership course at a right-wing Roman Catholic institute in Italy, stepping up his efforts to influence conservative thinking in the church.

Hurricane Florence weakens but deluges Carolinas ahead of landfall

Fri, 09/14/2018 - 5:09am
Heavy rain, gusting winds and rising floodwaters from Hurricane Florence deluged the Carolinas on Thursday as the massive, slow-moving storm crept toward the coastline, threatening millions of people in its path with record rainfall and punishing surf.

Gimme shelter: North Carolinians take refuge from Florence's fury

Fri, 09/14/2018 - 5:09am
Junia MacDaniel just wants to get home to her Chihuahuas. 

Victorious Cuomo confronts changing Democratic landscape

Fri, 09/14/2018 - 5:04am
Andrew Cuomo heads into November the heavy favorite to win a third term as New York's governor, en route to what some believe are presidential aspirations come 2020. But on his way there, the ground has shifted under his feet.

Millions of Americans still trapped in debt-logged homes ten years after crisis

Fri, 09/14/2018 - 4:57am
School bus driver Michael Payne was renting an apartment on the 30th floor of a New York City high-rise, where the landlord's idea of fixing broken windows was to cover them with boards.

Trade hopes, tech, and Turkey bolster world stocks

Fri, 09/14/2018 - 4:54am
Shares rose around the world on Friday as expectations grew that the United States and China would open new trade talks, while an interest rate hike in Turkey supported the lira and global risk appetite.

At summit, South Korea's Moon seeks to play 'chief negotiator' between Kim, Trump

Fri, 09/14/2018 - 4:31am
Next week's inter-Korean summit will test whether South Korean President Moon Jae-in can pull off his role of mediator and salvage stalled nuclear talks between Pyongyang and Washington.

Center of Hurricane Florence 25 miles off North Carolina coast: NHC

Fri, 09/14/2018 - 4:23am
The Center of Hurricane Florence was about 25 miles east of Wilmington, North Carolina at 4 a.m. (0800 GMT) on Friday, the U.S. National Hurricane Center (NHC) said.

Exclusive: India's Iran oil purchases to fade ahead of U.S. sanctions

Fri, 09/14/2018 - 4:06am
Indian refiners will cut their monthly crude loadings from Iran for September and October by nearly half from earlier this year as New Delhi works to win waivers on the oil export sanctions Washington plans to reimpose on Tehran in November.

Takeda gets China's approval for $62 billion Shire purchase

Fri, 09/14/2018 - 2:55am
Takeda Pharmaceutical Co Ltd said on Friday China approved its purchase of Shire Plc, the latest regulator to clear the $62 billion deal and bring the Japanese group closer to becoming a global top 10 drugmaker.

U.S. sanctions Russian, Chinese tech firms over funds for North Korea

Fri, 09/14/2018 - 2:47am
The United States on Thursday imposed sanctions on a China-based tech firm, its North Korean CEO and a Russian subsidiary, accusing them of moving illicit funding to North Korea in violation of U.S. sanctions.

Air strike warning app helps Syrians dodge death from the skies

Fri, 09/14/2018 - 2:37am
A Russian military aircraft thunders into the sky at 4.47 pm from Russia's air base at Hmeimim in western Syria, veering to the east.

Factbox: More than 188,000 without power as Florence batters Carolinas

Fri, 09/14/2018 - 2:05am
U.S. Southeast power companies said more than 188,000 homes and businesses in North Carolina and South Carolina were without power early Friday as Hurricane Florence caused a deluge ahead of its landfall later in the day.

Cuomo turns back challenge from Nixon in NY Democratic governor's race

Fri, 09/14/2018 - 1:28am
New York Governor Andrew Cuomo on Thursday turned back an aggressive challenge from actress and activist Cynthia Nixon in the race for the Democratic nomination for November's general election.

Dozens of gas blasts rock Boston suburbs, killing at least one, injuring 12

Fri, 09/14/2018 - 1:26am
Dozens of explosions, apparently triggered by a natural gas pipeline rupture, rocked three communities near Boston on Thursday, killing at least one person, injuring 12 and prompting the evacuation of hundreds, officials said.