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Russian ruble down sharply despite rate hike

MOSCOW (AP) — The Russian ruble faced intense selling pressure Tuesday falling at one stage by a whopping 20 percent to historic lows despite a massive pre-dawn interest rate hike from the country's central bank.

Last Updated on Tuesday, 16 December 2014

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Why oil is down by half, what it means for you

NEW YORK (AP) — The price of oil has fallen by nearly half in just six months, a surprising and steep plunge that has consumers cheering, producers howling and economists wringing their hands over whether this is a good or bad thing.

Last Updated on Monday, 15 December 2014

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Merriam-Webster names 'culture' word of the year

 

NEW YORK (AP) — A nation, a workplace, an ethnicity, a passion, an outsized personality. The people who comprise these things, who fawn or rail against them, are behind Merriam-Webster's 2014 word of the year: culture.

Last Updated on Monday, 15 December 2014

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6 dead, suspect on loose in suburban Philadelphia

 

PENNSBURG, Pa. (AP) — A man killed six people and seriously wounded another in three different homes outside Philadelphia and remained at large hours after the shootings, authorities said Monday.

Last Updated on Monday, 15 December 2014

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Police: 3 dead, including gunman, in Sydney crisis

 

SYDNEY (AP) — Amid a barrage of gunfire, police stormed a cafe in the heart of Sydney early Tuesday to end a 16-hour hostage siege by an Iranian-born gunman. Police said three people were killed — the gunman and two of the hostages — and four others were wounded.

Last Updated on Monday, 15 December 2014

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Families of Newtown victims sue rifle manufacturer

HARTFORD, Conn. (AP) — The families of nine people killed in the Newtown school massacre filed a lawsuit against the maker and sellers of the Bushmaster AR-15 rifle used in the shooting, saying the gun should not have been sold for civilian use because of its overwhelming firepower.

Last Updated on Monday, 15 December 2014

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Crunch time again for health insurance sign-ups

WASHINGTON (AP) — President Barack Obama's push to cover America's uninsured faces another big test Monday.

Last Updated on Monday, 15 December 2014

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Justices reject Arizona bid over abortion drugs

WASHINGTON (AP) — The Supreme Court is refusing to allow Arizona to enforce stringent restrictions on medical abortions while a challenge to those rules plays out in lower courts.

Last Updated on Monday, 15 December 2014

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