Archive for category Business

Senate, House on collision course on border money

In this July 12, 2014, photo, Central American migrants ride a freight train during their journey toward the U.S.-Mexico border in Ixtepec, Mexico.   The last time so few people were arrested at the country’s borders was 1973, when the Border Patrol recorded just fewer than 500,000 arrests. And the volume of people being arrested at the border remains dramatically lower than the all-time high of more than 1.6 people in 2000.  (AP Photo/Eduardo Verdugo)

WASHINGTON (AP) — Senate Democrats prepared Tuesday to whack $1 billion from President Barack Obama’s emergency spending request for the border, while leaving out policy changes Republicans have demanded as their price for agreeing to any money. The developments pointed to a hardening stalemate over the crisis in South Texas with lawmakers preparing to leave Washington for their annual summer recess at the end of next week.

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Report: Film production generated 15,900 jobs

SANTA FE, N.M. (AP) — New Mexico has created one job for every $8,519 spent on tax incentives to attract film and television productions during the past five years, according to a state-commissioned study released Tuesday.

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Contrarian’s case: Why US could dip into recession

In this July 9, 2014 photo, economist David Levy poses for picture in his office in Mt. Kisco, N.Y. Levy, who oversees the Levy Forecast, a newsletter analyzing the economy that his family started in 1949, says the United States is likely to fall into a recession next year triggered by downturns in other countries, the first time in modern history. (AP Photo/Seth Wenig)

NEW YORK (AP) — Just as the U.S. economy is strengthening, other countries are threatening to drag it down.

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Wall Street Glance

Dow Jones Industrials

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Democrats to unveil $2.7B bill on alien children

This June 25, 2014, file photo shows a group of  immigrants from Honduras and El Salvador who crossed the U.S.-Mexico border illegally are stopped in Granjeno, Texas. The influx at the border is largely families with children or by minors traveling alone. (AP Photo/Eric Gay, File)

WASHINGTON (AP) — Pressure is on Congress to act in the next two weeks on several problems, from keeping highway projects on track and easing wait time for veterans seeking health care to the humanitarian crisis at the U.S.-Mexico border.

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