Jobless claims fall slightly
May 24, 2012 at 7:17 AM by AHN · Leave a Comment
First-time jobless claims dropped slightly last week, according to the U.S. Department of Labor. Some 370,000 people filed their initial claims for unemployment compensation benefits during the week ending May 19. That number was 2,000 fewer claims than were filed the prior week after the Labor Department revised that figure higher. The less volatile four-week moving average was 3,271,500, a decreas...
Read More...Calcium supplements may increase heart attack risk
May 24, 2012 at 6:46 AM by AHN · Leave a Comment
Taking a calcium supplement to prevent bones from thinning may up a person’s risk for heart attack, according to a report published Thursday. Some 24,000 people between the ages of 35 and 64 participated in the study. Among findings, those who took regular calcium supplements were 86 percent more likely to have a heart attack than those who didn’t take supplements. Those who took only ca...
Read More...Mortage rates hit record again
May 24, 2012 at 6:35 AM by AHN · Leave a Comment
The mortgage rate on a 30-year fixed hit a record low again for the week ending May 24. Mortgage giant Freddie Mac reported Thursday the average rate on the 30-year dipped to 3.78 percent, a record low, from the previous week’s record low of 3.79 percent. The current rate is the lowest dating back to 1971. A year ago, the average rate stood at 4.6 percent. The 15-year fixed rate remained u...
Read More...Long commutes linked to poor health
May 24, 2012 at 6:28 AM by AHN · Leave a Comment
A new study finds that commuting more than 15 miles to work each day is linked to obesity, belly fat, high blood pressure and less exercise. The study also found that workers who drive more than 10 miles every day also tend to have high blood pressure. All of these risk factors increase a person’s chances of developing heart disease and diabetes. The study, published in the American Journal of...
Read More...Yahoo debuts new search browser
May 24, 2012 at 6:20 AM by AHN · Leave a Comment
Yahoo has had its shares of problems over the past several years. CEOs have come and gone, its share price has suffered, and onetime loyal users have abandoned the search giant for other sites. But Yahoo aims to turn things around. On Wednesday night, Yahoo unveiled a new, souped up browser and desktop browser plug-in that lets users view visual search thumbnails of webpages without leaving the p...
Read More...U.S. equities move up Thursday morning fueled by HP gains
May 24, 2012 at 6:13 AM by AHN · Leave a Comment
United States markets opened higher Thursday following strong earnings from Hewlett Packard and as talks move forward regarding the Greek debit crisis. Just after the opening bell on Wall Street, the Dow Jones Industrial Average added 18 points, the Standard & Poor’s 500 Index rose 3 and the NASDAQ was up 4 points. Giving stocks a boost were shares of Dow component Hewlett Packard. Th...
Read More...Zillow: More than 30% of mortgages underwater
May 24, 2012 at 6:03 AM by AHN · Leave a Comment
More than 30 percent of all homeowners have negative equity, the term for a home that is underwater, with a mortgage amount that is more than the house is worth. However, many of the 31.4 percent of homeowners with negative equity are not seriously underwater. About 90 percent of them are paying their mortgage on time, according to the first quarter Zillow Negative Equity Report released on Thursday. F...
Read More...NJ man questioned about child missing 30 years
May 24, 2012 at 4:16 AM by AHN · Leave a Comment
After more than 30 years, a possible new lead has emerged in the case of the disappearance of Etan Patz. The 6-year-old boy made headlines across the United States when he vanished as he walked to the school bus on May 25, 1979. In a statement Thursday, New York Police Commissioner Ray Kelly said, “An individual now in custody has made statements to NYPD detectives implicating himself in the disa...
Read More...Oil falls below $90 for first time in 7 months
May 24, 2012 at 4:02 AM by AHN · Leave a Comment
The price of oil fell below $90 in U.S. trading Wednesday for the first time in almost seven months as U.S. stores continue to swell. Benchmark crude fell $2.14, or 2.3 percent, to $89.71 per barrel intraday Wednesday. By the close, oil had edged up to $90.06. The price had not been below the $90 level since Nov. 1. Brent crude dipped to a new low for the year, but remained above $100 a barrel. I...
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U.S. frees Frenchwoman responsible for plane scare
May 24, 2012 at 3:49 AM by AHN · Leave a Comment
United States authorities on Wednesday decided to free a Frenchwoman responsible for causing a security scare on a North Carolina-bound flight without any charge. She will be sent back home, said a statement from the Department of Justice. The department said that no criminal complaint had been filed against Lucie Zeeko Marigot, who claimed to have “a device in her body” that caused her fl...
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