Currencies

What's at stake as Italy plays chicken with markets, EU

Italy's government is playing a game of chicken with European authorities and financial markets over plans to spend big — and it's unclear whether the country can avoid a collision that would spread wreckage throughout Europe and the rest of the world.

Asian shares mostly lower despite US markets rally

Strong results from major companies including Microsoft, Visa and Comcast are sending U.S. stocks higher Thursday morning as the market found its footing after three weeks of steep declines.

Business Highlights

___ Job growth is found to be no cure for a community's poverty BALTIMORE (AP) — A healthy dose of job growth has long been seen as a likely cure for poverty.