Evacuated residents allowed home after oil train derailment in North Dakota
An oil train that burst into flames after derailing in North Dakota was extinguished early Thursday, and nearby residents who were evacuated from their homes were allowed to return.
Business events and economic reports scheduled for the coming week
All times are Eastern.
Applications for US unemployment benefits inch up, but total collecting aid near 15-year-low
Slightly more Americans applied for unemployment benefits last week, but the modest increase pulled the total number of people collecting jobless aid to near 15-year lows.
Yellen says regulators making progress in reforming financial system to prevent future crises
Federal Reserve Chair Janet Yellen said Wednesday that the Fed and other banking regulators have made significant progress in correcting flaws in the financial system that triggered the worst banking crisis in seven decades.
US stocks slip after weak jobs data; energy shares buck trend with move higher as oil rises
U.S. stocks fell broadly in early trading Wednesday after the release of weak U.S. economic reports.
Asian stock markets lower as Australia bank disappoints, Greece debt deadline looms
Asian stock markets were in the red on Wednesday, dented by weak earnings in Australia and doubts about Greece's ability to repay debts due to the IMF this month.
APNewsbreak: NYC to waive $30M public housing payment, warns of dire deficits
Mayor Bill de Blasio is poised to announce that New York City will waive an annual $30 million payment it is owed from the city's public housing authority, and the move is shedding light on the precarious future of the aging development that is home to more people than the city of New Orleans.
Study: Tax breaks for Camden could cost New Jersey if businesses don't stay for decades
The tax credits the state is using to attract businesses to Camden could end up costing more than they bring in even if the companies fulfill their minimum obligations, an advocacy group warned.
A strong dollar is prying open the US trade gap, which is expected to have grown March
The Commerce Department reports on the U.S. trade deficit in March at 8:30 a.m. Eastern Tuesday.
Stocks drift lower in early trading as oil jumps; Disney, Estee Lauder rise on earnings
U.S. stocks drifted lower in early trading Tuesday following two days of gains that brought the market close to a record high.
Senate to move ahead on GOP budget compromise that boosts Pentagon accounts
The Senate marched ahead Tuesday on a compromise Republican budget that calls for future cuts in spending while immediately boosting Pentagon accounts by an additional $38 billion.
Report: 'Legal firewall' shields Chinese companies from jurisdiction of US courts
Chinese companies are shielding themselves from lawsuits in America, denying U.S. businesses and investors their day in court, a report from a federal watchdog says.
NY Senate leader's arrest throws Senate, session into disarray; 2nd leader charged this year
For the second time this year, criminal charges against a top New York lawmaker have thrown one of America's most powerful state capitals into turmoil.
Mortgage giant Freddie Mac posts $524M profit in 1Q; paying $746M dividend to government
Mortgage giant Freddie Mac reported net income of $524 million for the first quarter, down sharply from the same period of 2014, as it sustained losses on the investments it uses to hedge against swings in interest rates.
HSBC says first quarter pretax profits up 4 percent despite regulatory costs
HSBC, Europe's biggest bank, says pretax profits were up 4 percent to $7.1 billion in the first quarter from a year earlier, even as it beat back increasing regulatory costs.
Duke Energy asks 6-month halt of shareholder suit stemming from North Carolina coal ash spill
A Delaware judge is considering Duke Energy's request for a six-month halt of a shareholder lawsuit prompted by a massive coal ash spill in North Carolina while the company tries to resolve related lawsuits and finalize a $102 million settlement of a federal criminal investigation.
With conditions: Carolinas regulators approve first federal permits for offshore oil surveys
State regulators in both Carolinas have signed off on their first federal permits to allow companies to conduct seismic testing for oil and natural gas off the Carolinas coast — subject to some conditions.
Texas lawmakers pass bill to stop cities from limiting oil and gas drilling, send to governor
Texas moved Monday to ban its own cities from imposing prohibitions on hydraulic fracturing and other potentially environmentally harmful oil and natural gas drilling activities within their boundaries — a major victory for industry groups and top conservatives who have decried rampant local "overregulation." Lawmakers in America's largest oil-producing state scrambled to limit local energy exploration prohibitions after Denton, a university town near Dallas, passed an ordinance in November against fracking, attempting to keep encroaching drilling bonanzas outside their community.
Supreme Court takes up appeal over rule that pays energy users to reduce consumption
The Supreme Court will hear a dispute over an electricity regulation in which utilities pay energy users in the wholesale market to reduce consumption.
New York officials investigating Texas energy company over deceptive business tactics
State officials are investigating a Texas-based energy company after a spike in complaints from customers over higher-than-expected bills.