Poverty, income levels drive minimum wage debate

WASHINGTON — "Give America a raise!" President Barack Obama implored Congress in his State of the Union address. But it would cost jobs, Republicans warned. The political divide over raising the federal minimum wage is deep, driven by politics, ideology...

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Mass. gas prices trickle down a penny

BOSTON — The price of a gallon of gas in Massachusetts has trickled down by a penny. AAA Southern New England reports Monday that self-serve, regular is down to an average of $3.51 per gallon from last week. The current price is a full nickel below...

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Jury selection begins in Apple-Samsung case

SAN JOSE, Calif. — Jury selection began Monday in the latest legal battle between the fiercest rivals in the world of smartphones, with Apple and Samsung accusing each other, once again, of ripping off designs and features. The trial in Silicon Valley...

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Minimum wage value falling but fairness is debated

WASHINGTON — The federal minimum wage has been below what's needed to keep a family of three out of poverty since 1980. It's also well shy of the peak of its buying power almost half a century ago. Is the current $7.25 hourly minimum fair? Is now the...

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Global stocks mostly up after Yellen comments

LONDON — Global stocks mostly rose Monday after U.S. Federal Reserve Chair Janet Yellen said interest rates in the world's largest economy would stay low for some time yet. Yellen's comments shored up confidence in financial markets as they suggest...

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Lufthansa cancels 3,800 flights due to strike

BERLIN — Germany's Lufthansa will cancel some 3,800 flights because of a three-day strike by the pilots' union later this week, hitting more than 425,000 passengers. The cancellations include domestic and intercontinental connections Wednesday, Thursday...

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US stocks rise as investors close out quarter

NEW YORK — Stocks rose broadly in midday trading Monday as the market headed for its fifth straight quarterly gain. Microsoft led the technology sector higher. KEEPING SCORE: The Standard & Poor's 500 index rose 15 points, or 0.8 percent, to 1,872...

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Yellen: Job market needs low rates 'for some time'

WASHINGTON — Federal Reserve Chair Janet Yellen made clear Monday that she thinks the still-subpar U.S. job market will continue to need the help of low interest rates "for some time." Yellen's remarks signaled that even after the Fed phases out its...

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Dem push for health law rooted in demographics

WASHINGTON — While much of America was upset about the botched rollout of President Barack Obama's health care overhaul, most Democrats in Congress were still willing to give the law a chance to work. Without the law, many of their constituents wouldn't...

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Supreme Court could limit software patents

WASHINGTON — Is it too easy for high-tech companies to patent inventions that are not really new, but simply take an old idea and blend it with computer wizardry? The Supreme Court wrestled with that question Monday as justices considered making it...

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