WASHINGTON - The number of Americans filing new claims for unemployment benefits tumbled last week to its lowest level in nearly 15 years, adding to bullish signals on the labor market.
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DETROIT - Ford Motor Co on Thursday said it would keep relying on North America for its profit this year as the No. 2 U.S. automaker signaled that losses in Europe would be more than previously forecast.
KUALA LUMPUR - Malaysia declared on Thursday the disappearance of Malaysia Airlines Flight MH370 an accident, clearing the way for the airline to pay compensation to victims' relatives while the search for the plane goes on.
WASHINGTON - President Barack Obama's budget will call for an increase in domestic and military spending that would end spending caps known as "sequestration," a White House official said, setting up a new source of conflict with Republicans in Congress.
LONDON - Brent oil futures held above $48 a barrel on Thursday as speculator buying on hopes for a price rebound offset data showing record-high U.S. crude stocks.
WASHINGTON - Eight Republican and Democratic senators will introduce legislation on Thursday to end restrictions on U.S. citizens' travel to Cuba, the first effort in Congress toward ending the U.S. embargo since President Barack Obama moved to normalize relations last month.
MARSHFIELD, Mass. - Ocean Street in the waterfront Massachusetts town of Marshfield was littered with lobster traps, downed wires and chunks of houses on Wednesday, after a massive blizzard hammered New England. | Video
CARACAS - After finishing a routine overnight shift, Venezuelan policeman Edgar Perez was walking home from the bus stop when two armed men pulled up on a motorbike. | Video