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Puerto Rico governor: Creditors should help solve crisis
SAN JUAN, Puerto Rico (AP) -- Puerto Rico's governor said Thursday that creditors are responsible for helping the U.S. island out of its economic crisis because they lent money knowing the government was running a deficit....

Health Net and BP are big market movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:...

Egypt passes new budget for fiscal year 2015-2016
CAIRO (AP) -- Egypt's president has approved a new budget for fiscal year 2015-2016, slashing the projected budget deficit to 8.9 percent of gross domestic product, the country's finance ministry said Thursday, in a move likely to please international creditors....

US unemployment falls to 7-year low, but wages are flat
WASHINGTON (AP) -- U.S. unemployment fell to a seven-year low of 5.3 percent and employers hired at a solid pace in June, but other gauges of the job market drew a bleaker picture: A wave of people stopped looking for work, and paychecks failed to budge....

Job growth expands in professional services and health care
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Unemployment rate for black Americans at 7-year low
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Spain raises 2015 economy growth forecast to 3.3 percent
MADRID (AP) -- Prime Minister Mariano Rajoy has revised Spain's economic growth forecast upward for this year and next and said the improved circumstances allowed him bring forward a tax reduction plan....

Sweden cuts key interest rate again citing Greek crisis
COPENHAGEN, Denmark (AP) -- Sweden's central bank has cut its key interest rate to a record low of minus 0.35 percent saying "events in Greece over the past few days have substantially increased the uncertainty."...

California slips back to No. 8 economy in world
SACRAMENTO, Calif. (AP) -- Less than a month after edging out Brazil, California has slipped back to its ranking as the eighth-largest economy in the world based off an update of global economic data released Wednesday....

Argentina recalls its financial crisis, advises Greece
BUENOS AIRES, Argentina (AP) -- As Argentines closely watch the financial turmoil in Greece recalling their own worst crisis 14 years ago, the architect of the South American country's recovery has a message for the European nation: Renegotiate your debt....

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AP Photo/Alan Diaz
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