Homeland Security funding drama darkens U.S. fiscal outlook

WASHINGTON - Congress narrowly averted a partial shutdown of the U.S. domestic security agency late on Friday night, but the forces behind the chaotic episode remain - fractious Republicans and House Speaker John Boehner's lack of control over them.

Recent Top News

North Korea, angered by drills, fires short-range missiles

SEOUL - North Korea fired two short-range missiles off its east coast on Monday, South Korean officials said, a defiant response to annual military exercises between South Korea and the United States but one which drew a swift protest from Japan.

Exclusive: SEC plans to level playing field for newer ETF firms

NEW YORK - The U.S. Securities and Exchange Commission may strip Vanguard Group, BlackRock Inc and State Street Corp, the oldest and biggest providers of exchange-traded funds, of an advantage they hold over newer rivals in how they assemble the shares of their funds, said sources familiar with the SEC.

Near Fed majority backs June liftoff Yellen hasn't yet endorsed

WASHINGTON - Janet Yellen's premium on consensus may lead to a Federal Reserve decision the chair hasn't yet endorsed, as a near majority aligns in favor of a possible June interest rate hike.

2:00am EST

China February HSBC PMI at seven-month high

BEIJING - Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and deflationary pressures persisted, a private business survey showed, adding to the view that yet more interest rate cuts will be needed.

01 Mar 2015

Oil falls on supply concerns; pickup in China manufacturing helps

SINGAPORE - Oil stayed in the red on Monday on supply concerns despite partly recovering from earlier losses after a private business survey showed an improvement in China's manufacturing sector in February.

2:14am EST

Still more snow and ice snarling airline traffic for Northeast

- Snow and ice spread across the northeastern United States again on Sunday and into early Monday, causing airline flight disruptions at several major airports as February's onslaught of bitter winter weather dragged into the first days of March.