Global stocks dip after US indexes hit record

LONDON — Global stock markets turned lower on Monday after key U.S. indexes hit record highs in the wake of strong job numbers last week. Stocks had rallied last week after the official U.S. jobs report showed the world's largest economy generated a...

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Stocks fall after market hit milestones

NEW YORK — Stocks were modestly lower in midday trading Monday as investors looked ahead to the start of corporate earnings season. The market gave up some of its gains from late last week, which were driven partly by news of a surge in hiring last month....

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Oil slips below $104 as Libya set to boost exports

The price of oil slipped below $104 a barrel Monday as expectations that Libya will soon boost its exports of crude offset strong U.S. job growth. By early afternoon in Europe, benchmark U.S. crude for August delivery was down 19 cents to $103.87 a...

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China's premier says country's economy improving

BEIJING — China's economy improved in the latest quarter but faces "downward pressure," and Beijing will increase the strength of targeted policy measures to shore up growth, the country's premier said Monday. Speaking at a news conference with visiting...

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Author John Cheever's suburban NY home for sale

OSSINING, N.Y. — The historic suburban New York home of late author John Cheever is on the market for $525,000. Cheever's three children tell the Journal News they've decided to sell the house on 5-acres in Ossining. Susan Cheever says the house was...

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Stocks slip in early trading after holiday

NEW YORK — U.S. stocks are falling in early trading as investors look ahead to corporate earnings this week. The Dow Jones industrial average fell 59 points, or 0.4 percent, to 17,009 Monday. The Standard & Poor's 500 index slipped five points,...

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Germany takes aim at foreign drivers with car toll

BERLIN — Germany plans to introduce a car toll that seeks to make money off the millions of foreigners who drive through the country every year, the transport minister said Monday. Germany has a truck toll but, unlike many European countries, no car...

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TV meteorologist hurt in fireworks accident

SOUTHFIELD, Mich. — A meteorologist at a Detroit-area television station has been injured in a fireworks accident in Iowa. WXYZ-TV says its chief meteorologist, Dave Rexroth, on Wednesday is to undergo surgery that will begin the process of implanting...

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Massachusetts gas prices down 3 cents per gallon

BOSTON — The price of a gallon of gas in Massachusetts has dropped 3 cents in the past week. AAA Southern New England reports Monday that self-serve regular is down to $3.67 per gallon. That's a penny more than the national average, 3 cents higher...

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Scientists criticize Europe's $1.6B brain project

BRUSSELS — Dozens of neuroscientists are protesting Europe's $1.6 billion attempt to recreate the functioning of the human brain on supercomputers, fearing it will waste vast amounts of money and harm neuroscience in general. The 10-year Human Brain...

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