RSS Feeds

Solid gains...Looking to 'fire up our economies'...Solar plane's pioneering technology

Monday - 6/17/2013, 6:20pm  ET

NEW YORK (AP) -- Stocks had a solid day of gains ahead of tomorrow's Federal Reserve policy-making meeting. Traders are hoping that the Fed will decide to continue its economic stimulus program when the meeting wraps up Wednesday. In Monday trading, the Dow rose nearly 110 points to close at 15,180. The S&P 500 added 12 to finish at 1,639, while the Nasdaq finished about 28 and a half points higher at 3,452.

NEW YORK (AP) -- The price of oil climbed to a new high for the year today, before falling back. Benchmark oil for July delivery rose as high as $98.74 before settling at $97.77 a barrel on the New York Mercantile Exchange, an 8-cent drop.

ENNISKILLEN, Northern Ireland (AP) -- British Prime Minister David Cameron says the "point is to fire up our economies and drive growth and prosperity around the world." To that end, the European Union and the United States will open negotiations next month on a free trade deal aimed at dismantling high tariff walls and bureaucratic hurdles between the world's two mightiest economic regions.

CHANTILLY, Va. (AP) -- The nation's energy secretary says a solar-powered plane that's been making a cross-country flight will one day offer a payoff for people on the ground. Energy Secretary Ernest Moniz says the pioneering technology in the Solar Impulse could lead to better solar cells and batteries, electric motors, lightweight material and other efficiencies that will improve energy use.

WILKES-BARRE, Pa. (AP) -- A Pennsylvania woman who worked at a McDonald's is suing the franchise owners after she was given a fee-laden debit card and told to use it to access her earnings. The lawsuit filed on behalf of the woman says the fees included a $1.50 minimum charge for an ATM withdrawal, $5 for an over-the-counter cash withdrawal, $1 to check the balance and 75 cents per online bill payment. Natalie Gunshannon says she didn't enroll in the payroll system because the fees would drop her earnings below minimum wage.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.