TODAYS TOP STORIES
German business cofidence up, dollar is down
Business confidence rises unexpectedly in Germany
BERLIN (AP) -- A closely-watched survey has found business confidence in Germany unexpectedly rising this month following six straight declines.
Munich's Ifo institute reported Friday that its key business climate figure rose to 101.4 points in November from 100 in October. Economists had been predicting a modest drop to 99.5.
Germany's economy, Europe's biggest, has recovered strongly from its deep recession in 2008-09 despite the mounting debt problems on its doorstep. However, there have been recent signs that its export-driven economy is beginning to slow amid weakening demand from other countries.
Earlier this month, the German government's panel of independent economic advisers forecast that the economy will grow by only 0.8 percent this year and next.
Euro jumps vs dollar on German business confidence
NEW YORK (AP) -- The euro is rising sharply against the dollar after a closely watched survey on German business confidence rose unexpectedly.
Germany's Ifo institute says its key business climate figure rose to 101.4 points in November from 100 in October. Economists expected a drop to 99.5.
Currency trading is light on Friday as many traders take a long weekend after Thanksgiving Day. The stock market will close early Friday, at 1 p.m. EST.
The euro rose to $1.2980 in afternoon trading from $1.2883. The British pound rose to $1.6042 from $1.5937.
The dollar fell to 82.32 Japanese yen from 82.43 yen, to 0.9273 Swiss franc from 0.9351 Swiss franc and to 99.17 Canadian cents from 99.75 Canadian cents.
Posted: Friday, November 23 2012, 03:21 PM CST
IN OKLAHOMA NEWS
Obama says nation must do more for fallen heroes
May 25, 2013 10:08 GMT
By DARLENE SUPERVILLE Associated Press
WASHINGTON (AP) -- President Barack Obama says the nation must do more than just remember its fallen heroes on Memorial Day.
In his weekly radio and Internet address, Obama says the country must care for the loved ones the fallen leave behind. He says the country must also make sure that all veterans receive the care and benefits they have earned.
Obama says that, above all, the armed forces must have the support needed to carry out their missions at home and abroad.
In the Republican address, Oklahoma Sen. James Inhofe thanks the nation for its prayers and support following Monday's deadly tornado in his home state. He recalls past natural and man-made disasters in Oklahoma and says that while the state was hard hit, "we're not knocked out."
Obama's address: http://www.whitehouse.gov Republican address: http://www.youtube.com/gopweeklyaddress
Sometimes the stories with the most impact come directly from the viewers. If you have a story that needs to be told, we want to hear it. Fill out the form below and let us know what stories need to be told.
From the FOX 25 First Forecast Center..The holiday weekend is here...Expect variable clouds with scattered showers and t'storms for your Saturday. ...
US durable goods orders rise 3.3 percent in April
WASHINGTON (AP) -- U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for military and civilian aircraft and an increase in business investment.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
IN THE NEWS: RESTAURANT FLAP LEADS TO INTERNET MELTDOWN
SCOTTSDALE, Ariz. (AP) -- It isn't exactly to curry favor with your restaurant customers -- even if your specialty isn't curry.