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Yellen to give her outlook as Fed honeymoon fades

WASHINGTON (AP) — Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks. Yellen has so far carried on his approach with barely a hiccup.

Last Updated on Wednesday, 20 August 2014

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AP NewsBreak: Navy kicks out 34 for nuke cheating

WASHINGTON (AP) — At least 34 sailors are being kicked out of the Navy for their roles in a cheating ring that operated undetected for at least seven years at a nuclear power training site, and 10 others are under criminal investigation, the admiral in charge of the Navy's nuclear reactors program told The Associated Press.

Last Updated on Wednesday, 20 August 2014

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Obama: US won't stop confronting Islamic State

WASHINGTON (AP) — President Barack Obama pledged Wednesday to continue to confront Islamic State militants despite the beheading of an American journalist in Iraq, standing firm in the face of the militants' threats to kill another hostage unless the U.S. military changes course.

Last Updated on Wednesday, 20 August 2014

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WHO: West Africa Ebola death toll rises to 1,350

MONROVIA, Liberia (AP) — The World Health Organization says the death toll from the Ebola outbreak in West Africa is now at least 1,350 people.

Last Updated on Wednesday, 20 August 2014

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US home construction jumps 15.7 percent in July

WASHINGTON (AP) — U.S. home construction rebounded in July, rising to an eight-month high and offering hope that housing has regained momentum after two months of declines.

Last Updated on Wednesday, 20 August 2014

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Teens arrested in plot after Web activities eyed

SOUTH PASADENA, Calif. (AP) — Investigators acting on a tip unraveled a plot to carry out a mass shooting at a suburban Los Angeles high school, arresting a pair of students who planned to target three school staffers and kill as many people as possible, police said Tuesday.

Last Updated on Wednesday, 20 August 2014

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AP Exclusive: US changing no-fly list rules

WASHINGTON (AP) — The Obama administration is promising to change the way travelers can ask to be removed from its no-fly list of suspected terrorists banned from air travel.

Last Updated on Wednesday, 20 August 2014

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US officials: Video shows American's beheading

WASHINGTON (AP) — A grisly video released Tuesday shows Islamic State militants beheading American journalist James Foley, U.S. officials said, in what the extremists called retribution for recent U.S. airstrikes in Iraq. The militants threatened to kill another captive they also identified as an American journalist.

Last Updated on Wednesday, 20 August 2014

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