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Oil Price Jumps As US Averts 'Fiscal Cliff'

Updated: 01/02/2013 - The price of oil jumped by over a dollar on Wednesday, to above $93 a barrel, after U.S. lawmakers passed legislation to avoid a "fiscal cliff" that could have pushed the world's biggest economy into recession.

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Fewer U.S. Banks Failing As Industry Strengthens

Posted: 12/28/2012 - U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the 2008 financial crisis. They're helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.

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Retailers To Recall 150,000-Plus Baby Recliners

Posted: 12/27/2012 - Four national retailers have agreed to recall more than 150,000 Nap Nanny baby recliners after at least five infant deaths and dozens of reports of children nearly falling out of the recliners.

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Opaque Instagram Ad Policy Change Riles Users

Posted: 12/18/2012 - Instagram, the popular photo-sharing service that Facebook bought this year, is the target of a storm of outrage on Twitter and other sites after a change in its user agreement hinted that it might use shared photos in ads.

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Stock Market Is A Wild Card In Fiscal Cliff Talks

Updated: 03/17/2013 - Congress and the White House can significantly soften the initial impact of the "fiscal cliff" even if they fail to reach a compromise by Dec. 31. One thing they cannot control, however, is the financial markets' reaction, which possibly could be a panicky sell-off that triggers economic reversals worldwide.

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Kansas Star Casino Revenue Exceeds Expectations

Posted: 12/10/2012 - Lottery officials say revenue from the Kansas Star Casino's first 10 months in operation has exceeded the revenue earned by the two other casinos in Kansas in about the same period.

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U.S. Home Prices Rise In October By Most In 6 Years

Posted: 12/04/2012 - A measure of U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the once-battered housing market.

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Missouri Mechanic Named Powerball Winner

Updated: 11/30/2012 - Lottery officials say a 52-year-old mechanic from northwest Missouri holds one of the two tickets matching all six numbers in the record $588 million Powerball jackpot.

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U.S. Futures Flap; Consumer Spending Dips

Posted: 11/30/2012 - U.S. stock futures are relatively flat after a government report showing that consumers cut back on spending last month with no growth in personal income.

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Powerball Jackpot Up To $550 Million

Updated: 11/28/2012 - The mammoth jackpot in Wednesday night's Powerball drawing is proving irresistible to thousands of hopeful Kansans.

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