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Mark Brooks

TheAssocPress

Recent Articles by Mark Brooks

Apr 30, 2013 by Mark Brooks

Mexico Seeks New Security, Economic Agenda With U.S.

The change was confirmed by Mexico's Foreign Ministry on Monday as the government lays out a broad bilateral agenda in advance of Thursday's visit by U.S. President Barack Obama.

Apr 29, 2013 by Mark Brooks

Oil Above $94 on U.S. Data, Hope of EU Rate Cut

Benchmark crude for June delivery gained $1.50 to finish at $94.50 a barrel in New York. Oil hadn't finished above $94 since April 10.

Apr 29, 2013 by Mark Brooks

Corn Surges, Metals Increase in Trading

July corn rose 40 cents, or 6.5 percent, to $6.5975 a bushel. That's the biggest one-day gain since June 25, when last year's drought was pushing up prices.

Apr 29, 2013 by Mark Brooks

Bowing in "Pigeon" Fight, France Slashes Taxes

Hollande, looking to stimulate flagging growth and cut into the nation's 10.6 percent jobless rate, also ordered the Interior Ministry to introduce visas for foreign entrepreneurs, and to speed up the process to make the country more attractive to foreign professionals.

Apr 29, 2013 by Mark Brooks

U.S. Loans From China at Issue in Debt-Ceiling Fight

The bulk of the national debt -- soon to exceed a staggering $17 trillion -- is held by the Federal Reserve, Social Security system, various pension plans for civil service workers and military personnel, U.S. banks, mutual funds, private pension plans, insurance companies, and individual domestic investors.

Apr 29, 2013 by Mark Brooks

Weather Postpones Trade Center's Final Touch

The Port Authority of New York and New Jersey says the spire pieces and a steel beacon will be lifted at a later date from the rooftop to cap the building at 1,776 feet.

Apr 29, 2013 by Mark Brooks

Economic Gains May Not Help Democrats Much in 2014

Still, the health of the economy "is going to be an important factor" in 2014 races, said Democratic pollster and strategist Mark Mellman.

Apr 29, 2013 by Mark Brooks

German Inflation Down, Door Open for ECB Rate Cut

The ECB tries to achieve an inflation rate of just under 2 percent for the 17 European Union countries that use the euro.

Apr 29, 2013 by Mark Brooks

Cyprus Tries to Make Politicians More Accountable

Currently, the president can lose his job if convicted of high treason or any offenses "involving dishonesty or moral turpitude" or becomes permanently incapacitated physically or mentally.

Apr 24, 2013 by Mark Brooks

How a Phony Tweet and Computer Trades Sank Stocks

No sooner did hackers send a false Associated Press tweet reporting explosions at the White House on Tuesday than investors started dumping stocks -- eventually unloading $134 billion worth. Turns out, some investors are not only gullible, they're impossibly fast stock traders.

Apr 24, 2013 by Mark Brooks

Recession Doesn't Change Students' Econ Knowledge

Students' scores of economic literacy changed little between 2006 and 2012, suggesting that the national discussion about the millions of jobs that were lost and homes that were foreclosed didn't translate to higher academic achievement.

Apr 24, 2013 by Mark Brooks

Gold, Most Other Metals End Higher

Gold for June delivery rose $14.90 to $1,423.70 an ounce. Most other metals prices also rose, except palladium.

Apr 24, 2013 by Mark Brooks

Prom Spending Is On the Rise Again

The recession forced parents and teens to cut back on spending for the annual high school dance, but wallets are finally opening again.

Apr 24, 2013 by Mark Brooks

White House Willing to Consider Budget Flexibility for FAA Cuts

White House spokesman Jay Carney says that if Congress wants to address the effect of automatic spending cuts on the Federal Aviation Administration, "we would be open to looking at that."

Apr 24, 2013 by Mark Brooks

UK in Dark Mood as New Recession May Be Confirmed

It's possible that official figures on first quarter economic growth, to be released Thursday, could show the country is back in recession, and tension is building.

Apr 24, 2013 by Mark Brooks

House GOP Preparing for Debt Showdown This Summer

The House Ways and Means Committee passed a bill that would exempt interest and principal payments on Treasury bonds from the statutory debt limit. It would also exempt interest payments to the Social Security trust funds.

Apr 24, 2013 by Mark Brooks

Oil Above $91 on Hope for Europe Rate Cut

Benchmark oil for June delivery rose $1.94 to $91.12 a barrel in Wednesday afternoon trading on the New York Mercantile Exchange.

Apr 24, 2013 by Mark Brooks

iTunes Celebrates a Decade, Faces New Challenges

The iTunes music store became much more than a solution; it changed how we consume music and access entertainment.

Apr 24, 2013 by Mark Brooks

Reid: Democrats to Ease Cuts With War Savings

With Republicans blaming the administration for the inconvenience, Senate Majority Leader Harry Reid proposed immediate passage of legislation to scrap the spending cuts and make up the money by cancelling funds ticketed for the wars in Iraq and Afghanistan.

Apr 24, 2013 by Mark Brooks

Fed Says Redesigned $100 Bill Ready by October

The redesigned note incorporates added security features, such as a blue, 3-D security ribbon and a disappearing Liberty Bell in an inkwell. The features are designed to thwart counterfeiters.

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