Recycled Rugrats, ‘From one mom to another’
For parents of infants and toddlers, trying to find the right clothing and necessities for their children can be a never-ending guessing-game. That is where resale and consignment boutique ‘Recycled Rugrats’ steps in.
Drought could produce good wine in Midwest
HERMANN, Mo. — Most of the grapes in Glenn Warnebold’s vineyard in Missouri’s picturesque wine country are about two-thirds of their usual size. Others have been reduced to raisins by the drought that burned up many crops across the Midwest this summer.
Yet Warnebold figures it could be a good year with the drought concentrating the fruit’s flavors and sugar, which will turn to alcohol during fermentation. His red Norton and white Chardonel g...
Stocks down; Fed moves seem less like a sure thing
NEW YORK — Nobody ever said reading the Federal Reserve was easy.
On Wednesday, the Fed appeared to suggest it was closer to taking additional steps to help the U.S. economy. Stocks rallied as a result and finished the day well off their lows.
But the prospect of Fed help seemed much less certain Thursday, and stocks fell. The Dow Jones industrial average lost 115.30 points to close at 13,057.46 — the biggest loss in more than a month and th...
US new-home sales rise to match 2-year high
WASHINGTON — Sales of new homes in the United States rose 3.6 percent in July to match a two-year high reached in May, the latest sign of a steady recovery in the housing market.
The Commerce Department said Thursday that new-home sales reached a seasonally adjusted annual rate of 372,000. That’s the same as in May, which was the highest since April 2010.
In the past 12 months, sales have jumped 25 percent. Still, the increase is from a histo...
Chinese company investment in the US supporting American jobs
WASHINGTON — While U.S. presidential candidates talk tough about what they see as China’s unfair trade policies, one fact gets little notice: Chinese companies are investing more than ever in the U.S. and supporting thousands of American jobs.
With two separate billion-dollar deals in a struggling chain of movie theaters and in shale oil and gas, as well as other major ventures in the works, investment from China is set to hit record levels i...
US economic recovery is weakest since World War II
WASHINGTON — The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression.
Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest.
The ugliness goes well beyond unemployment, which at 8.3 percent is the highest...
Michael Phelps again graces Wheaties boxes
NEW YORK (AP) — With another six Olympic medals around his neck, swimmer Michael Phelps is once again touting the breakfast of champions.
General Mills Inc. on Thursday unveiled limited-edition boxes of its Wheaties cereal featuring Phelps, who now holds a record 22 Olympic medals. Phelps was last featured on the box after the 2004 Olympics.
After the 2008 Olympics, Phelps had jumped ship to a rival Kellogg Co. to grace the boxes of Corn Flak...