NEW YORK – Financial crises in many states have led local and state legislatures to return to an easy source of revenue: increased property taxes on the nation’s homeowners. But homeowners — and some politicians — are steaming mad and in one town, they have decided to revolt. Homeowners in …
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WASHINGTON – The U.S. economy lost jobs in October for the second month in a row and the unemployment rate inched up to 5.7 percent, the government said on Friday in the latest indication the recovery may be stalling out. The data may heighten expectations the Federal Reserve will cut …
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Highlights of U.S. District Judge Colleen Kollar-Kotelly’s decision in the Microsoft antitrust case. —Approved almost all aspects of the federal settlement. The deal prohibits Microsoft from retaliating against computer manufacturers; allows customers to remove icons for some Microsoft features and requires that Microsoft disclose some technical data to software developers. …
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TRENTON, N.J. – The man held as a material witness in the sniper shootings case has been released from custody and is now living here with his mother and other relatives. Nathaniel O. Osbourne, 26, was arrested in Michigan on Oct. 26. He was not suspected of carrying out any …
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FRANKFORT, Ky. – A Republican state senator may not take any official action or get paid because she was not a qualified resident of Kentucky before the election, a judge ruled Friday. Franklin County Circuit Judge William Graham’s temporary injunction all but removed Dana Seum Stephenson (search) from office, prohibiting …
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The following is a transcription of the January 8, 2005 edition of “FOX News Watch,” that has been edited for clarity: ERIC BURNS, HOST: This week on “FOX News Watch,” we will cover the coverage of what is perhaps the most-covered natural disaster ever. CBS trying to get along better …
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NEW YORK – Sears, Roebuck and Co. (S) on Thursday said quarterly profit fell sharply compared with a year earlier, when the department store operator had a gain from the sale of its credit card business, but the profit topped forecasts as the retailer slashed costs. The company, which is …
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WASHINGTON – U.S. retail gasoline prices jumped passed $1.90 a gallon for the first time since early December and diesel fuel costs rose to the highest level in seven weeks, the Energy Department (search) said Monday. The national pump price for regular unleaded gasoline increased 5.8 cents over the last …
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SAN FRANCISCO – Online marketplace eBay Inc. (EBAY) said Wednesday quarterly profit rose 44 percent, helped by growth in its PayPal (search) service, but results missed Wall Street expectations. Its stock fell in after-hours trade to about $93 from a close of $103.05 on Nasdaq. San Jose, Calif.-based eBay said …
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PARK CITY, Utah – Just a half hour before an avalanche outside a Utah ski resort trapped as many as five people under 30 feet of snow, skier Jess Fleig sensed that something was amiss. “I looked at that ride probably 20 or 30 minutes before it went and what …
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