While individuals do lend money, most of the funding for loans comes from hedge funds, insurance and investment companies, and wealth advisers.
The sky above a tabletop-flat expanse of eastern Michigan farmland near Lake Huron is a well-traveled pathway for migratory birds journeying between summer nesting areas in Canada's boreal forests and wintering grounds to the south. Thanks to reliably brisk winds, the ground below is dotted with hundreds of electricity-generating turbines.
Bigger, faster and more extreme are what count when it comes to roller coasters.
U.S. regulators are investigating the Nissan Versa subcompact after getting reports that a coil spring in the front suspension can fracture and cut the tires.
The University of Iowa fired one student health clinic worker and disciplined another for breaching the privacy of an athlete and his girlfriend by immediately discussing the results of their pregnancy test, according to records obtained by The Associated Press.
Mark your calendars: Next year, Tax Day falls on April 18.
Duke Energy says it will build a $750 million natural gas plant to replace its troubled coal-fired Asheville plant as the company turns to cleaner energy to generate electricity.
A Tennessee man and his family used much of the $187 million it collected for cancer patients to buy themselves cars, gym memberships and take luxury cruise vacations, pay for college tuition and employ family members with six-figure salaries, federal officials alleged Tuesday in one of the largest charity fraud cases ever, involving all 50 states.
Federal regulators are proposing that PayPal Inc. pay $25 million to resolve allegations that it illegally signed up customers for its online credit product, used misleading advertising and mishandled billing disputes.
Safety regulators say Missouri-based Kaldi's Coffee is recalling 700,000 disposable coffee cup sleeves because they pose a fire hazard.
FIFA President Sepp Blatter said Tuesday he is on a "mission of peace" to resolve tensions between the Israeli and Palestinian soccer federations in the hope of staving off a Palestinian bid to oust Israel from the world governing body.
Train service between the capitals of Russia and Estonia has been suspended due to declining demand, reportedly for the first time in six decades.
Conservatives dominating the GOP-controlled House said Tuesday that they are increasingly confident of killing a little-known federal agency that subsidizes overseas purchases of U.S. exports.
The company whose name has long been synonymous with telephones is looking for new ways to reach out and touch someone.
The remains of all 150 victims of the Germanwings plane crash in the French Alps will be turned over to their families for burial now that investigators have completed the process of identifying them.
U.S. stocks are drifting mostly lower in midday trading as the market comes off its latest record high.
Safety regulators say Ohio-based Rocky Brands is recalling 1,800 pair of "snake proof" hunting boots because their snake bite protection could fail.
United Parcel Service Co. agreed to pay more than $25 million to settle complaints that it kept false records to hide late deliveries and collect more for overnight packages to government customers.
Residents of the Sunshine State are finding that harnessing Florida's abundant solar power is no simple task.
Foreign investment to Nigeria fell by nearly a third with the United States a "key driver" of the decline in the first quarter of 2015, compared to the same period last year, the National Bureau of Statistics said.
The alleged head of a bourbon theft ring recruited a security guard and paid her $800 to look the other way as thieves spirited away thousands of dollars' worth of whiskey from a Kentucky distillery, prosecutors said Tuesday.
Boxing fans across the country and their lawyers are calling the hyped-up fight between Manny Pacquiao and Floyd Mayweather Jr. a fraud and want their money back, and then some.
The House panel that decides defense spending unveiled a $578.6 billion blueprint on Tuesday that fully funds a 2.3 percent pay raise for military men and women, prevents the retirement of the A-10 aircraft that protects ground troops and funds the U.S. fight against terrorism.
China's Premier Li Keqiang and Brazilian President Dilma Rousseff agreed on Tuesday to embark on studies for an ambitious railway linking Brazil's Atlantic coast with a Pacific port in Peru, and announced billions in other investments and trade deals.
The TJX Cos. (TJX) on Tuesday reported fiscal first-quarter net income of $474.6 million.
Red Robin Gourmet Burgers Inc. said Tuesday that its first-quarter profit rose as more customers visited and paid more on average per visit.
The U.S. housing market has given a sudden jolt to what appeared to be a slumping economy.
Three senior members of Greece's governing Syriza party late Monday urged the government to halt bailout repayments — and prepare the country for a possible euro exit.
A man who once conned the National Hockey League into thinking he was a wealthy entrepreneur well-qualified to buy one of the league's most storied franchises has been convicted of another scam.
The billionaire owner of a Russian club has accused UEFA of stifling the growth of soccer in Eastern Europe with financial fair play restrictions.
U.S. stocks are edging mostly lower in early trading as the market comes off its latest record high.
There seems to be no bottom for Ukraine's economy.
The Illinois Supreme Court has heard oral arguments about whether to let a $10 billion class-action verdict against a major cigarette maker stand.
Apple is introducing an updated MacBook Pro and iMac and lowering the price for its top-end iMac.
Hans-Holger Albrecht entered a crowded music-streaming market when he became CEO of Paris-based Deezer in February. A month after taking the helm, Jay Z relaunched Tidal in the U.S. and a month from now, Albrecht faces the prospect of Apple Inc. relaunching Beats Music.
Dick's Sporting Goods Inc. reported positive first-quarter financial results on Tuesday, but a key sales measure fell short of expectations, sending the sporting-goods company's shares lower.
France is trying to shake up a top-down system of teaching, end an elite bilingual program and give schools more say in how students spend their time, saying entrenched inequality in education threatens the country's future.
The maker of the Airbus A400M military transport plane that crashed in Spain this month has warned air forces flying the plane to carry out checks on its electronic systems before the next flights.
Global stock markets rose Tuesday after a European Central Bank official said the eurozone's stimulus program would be stepped up temporarily and amid hopes for a bailout deal for Greece.
Wal-Mart Stores Inc. reported a 7 percent drop in first-quarter profit as the strong dollar and some efforts to improve its business hurt its bottom line.
U.N. Secretary-General Ban Ki-moon said Tuesday that he will visit an inter-Korean factory park just north of the two Koreas' heavily fortified border, saying he hopes his trip to the last major cooperation project between the rivals helps improve ties.
German Chancellor Angela Merkel and French President Francois Hollande confirmed their commitment to fighting global warning Tuesday, gathering with others in Berlin to prepare for this year's U.N. Climate Change Conference.
Several hundred Cathay Pacific flight attendants were camped inside Hong Kong's airport on Tuesday after union members voted for industrial action to protest treatment by the airline.
A busy spring pushed Home Depot's first-quarter profit and revenue above Wall Street expectations and the home improvement retailer raised its projections for both in 2015.
For Shannon Henderson, getting a cold or flu could be the difference between putting food on the table and going hungry.
The United Nations is using virtual reality technology to help the public experience what it is like to live in a Syrian refugee camp, showing how the latest technology can be adapted for humanitarian efforts.
Germany's investment professionals showed less optimism in May for the second month in a row.
Sweden's financial watchdog agency has fined top banks Nordea and Handelsbanken after finding serious shortcomings in their efforts to prevent money laundering.
A top European Central Bank official says the bank will boost May and June bond purchases intended to stimulate the eurozone's economic recovery.
Britain saw consumer prices fall in April for the first time since 1960, official figures showed Tuesday, but few economists think the annual drop will be anything but short-lived.
Neither a protest by hundreds of demonstrators nor a permit violation notice from the city will halt Royal Dutch Shell's use of a Seattle seaport terminal as it prepares for exploratory oil drilling in the Arctic Ocean, spokesmen say.
The founder of Alibaba Group defended its stance against counterfeit goods and expressed regret Tuesday that the owner of luxury brands Gucci and Yves Saint Laurent has sued the e-commerce giant.
For Americans, there are cheaper vacations in Europe and lower-priced imports. A Chinese factory is selling fewer goods in Europe. A U.S. toymaker's exports are being squeezed. A German winery says overseas demand is up.
Now that Patriots owner Robert Kraft is not appealing his team's punishments in the deflated footballs scandal, only his quarterback's challenge remains.
The union for Amtrak's locomotive engineers urged the railroad on Tuesday to put a second crew member at the controls of trains on the busy Northeast Corridor, where a derailment killed eight people and injured more than 200 others.
With May designated as National Military Appreciation Month, the Internal Revenue Service has issued a reminder concerning tax benefits available to military personnel and their families.
Homebuyer Maria Casillas drags her two kids from one prospective home to another, surprised to learn that most everything desirable in her price range is quickly gone. Working-class neighborhoods here are seeing bidding wars between buyers.
A contractor and architectural firm have paid a North Texas school district $2.5 million to cover losses incurred after its $60 million football stadium had to be closed last year because of structural cracks and other problems.
California regulators on Monday expanded their list of thousands of state-permitted oil and gas wells where below-ground injections may be contaminating drinking-water reserves.
The head of the largest U.S. trade union federation said Monday that a bad deal is worse than no deal, and he urged Congress not to support fast-track legislation that would let President Barack Obama present Congress with proposed trade agreements that lawmakers can ratify or reject, but not amend.
The nonprofit foundation raising money for President Barack Obama's future library in Chicago took in more than $5.4 million in 2014, according to the organization's tax returns.
Republican Texas Gov. Greg Abbott has signed into law a prohibition on cities and towns imposing local ordinances preventing fracking and other potentially environmentally harmful oil and natural gas activities.
Foes of Royal Dutch Shell's use of a Seattle seaport terminal to prepare for exploratory oil drilling in the Arctic Ocean attacked on two fronts Monday as a few hundred protesters blocked port entrances and the City of Seattle declared that Shell and its maritime host lacked a proper permit.
Media mogul Ted Turner set out years ago to establish a fund to bolster the dwindling populations of everything from falcons and frogs to Mexican gray wolves, using the nearly 2 million acres he owns in a dozen western states as home base for the projects.
A security researcher told federal agents he was able to hack into aircraft computer systems mid-flight numerous times through the in-flight entertainment systems, and at one point he caused a plane he was on to move sideways, according to an FBI agent's affidavit.
A Hawaii-bound jetliner returned safely to Los Angeles on Monday after a cockpit light suggested a fuel valve was open.
The Los Angeles Angels have been struggling to score runs lately. On Monday, they were struggling to prevent them.
Shares of Urban Outfitters tumbled in aftermarket trading Monday as the clothing and accessories retailer's first-quarter results were dragged down by higher expenses.
Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
Lawmakers appear to be moving toward another short-term extension of the federal program that supports state highway and transit projects only 10 months after they enacted the last one.
Robert Kraft has repeatedly stood up for Roger Goodell, supporting the NFL commissioner's high salary, playing a key role in ending the 2011 lockout, even vouching for his friend amid missteps in the Ray Rice domestic violence case.
U.S. Rep. Frank Guinta said Monday he'll remain in office despite calls from fellow Republicans that he resign after the Federal Election Commission found he broke the law by accepting campaign donations from his parents.
Wholesale cash prices Monday:
Grain futures were higher Monday on the Chicago Board of Trade.
Grain futures were lower Tuesday on the Chicago Board of Trade.
Major League Soccer's expansion Los Angeles Football Club plans to build a $250 million stadium on the site of the old Sports Arena next to the Los Angeles Memorial Coliseum.
The UAB athletic department would face an annual deficit of about $3.2 million if it reinstates football, rifle and bowling, according to a study commissioned by the university.
Industry analyst Trilby Lundberg said that higher crude prices caused by a weaker U.S. dollar and strong gasoline demand drove the national rise in prices.
An advisory group appointed by Mayor Kevin Faulconer recommended Monday that the Chargers contribute $300 million toward a new $1.33 billion stadium, with the NFL giving $200 million, the city and county $121 million each and personal seat licenses totaling $120 million.
Assistant general manager Chris MacFarland is leaving the Columbus Blue Jackets organization for the same position with the Colorado Avalanche.
The Milwaukee Brewers are set to unveil a new attraction honoring former owner Bud Selig's long association with the team.
Market axioms and rules of thumb tend to be more about comfort than investing logic, and the comfortable path seldom is the best one for most investors.
A federal appeals court panel should not have forced YouTube to take down an anti-Muslim film that sparked violence in the Middle East and death threats to actors, a larger group of judges ruled Monday in a victory for free speech advocates.
A former shipyard worker who pleaded guilty to setting fire to a nuclear-powered submarine but now says he didn't commit the crime wants a judge to revisit his sentence based on his claim that his lawyer was ineffective.
A federal appeals court has upheld a jury's finding that Samsung illegally copied some patented features in Apple's iPhone, but it sided with Samsung on one point that could reduce the $930 million in damages the South Korean company had been ordered to pay.
Thousands of defendants convicted of drug crimes after a chemist in a state lab tampered with evidence can't be charged with more serious crimes or given harsher sentences if granted a new trial, Massachusetts' highest court ruled Monday.
The U.S. government's highway safety agency says it will hold a rare public hearing in July to determine if Fiat Chrysler failed to notify customers and fix safety problems in 20 recalls covering more than 10 million vehicles.
The Brazilian Football Confederation says a marketing company that pays $1.05 million for the commercial rights to each international friendly match does not have the power to select the team.
The death toll from faulty ignition switches in small cars made by General Motors has reached 104.
Even the mother of the Miami Marlins' new manager is questioning the wisdom of the choice.
A school that uses a live tiger cub as a mascot has been warned it must submit more documentation to continue that tradition without violating Ohio's law on dangerous animals.
A specialty dog food company is voluntarily recalling a frozen product distributed in four states over fears of possible salmonella contamination.
The spot month contract for light sweet crude was $57.52 per barrel at 12 p.m. Tuesday on the New York Mercantile Exchange.
Ocwen said Monday that it is now in compliance with New York Stock Exchange rules after filling its delayed annual report last week. As a result, the mortgage servicer said its stock has been removed from the NYSE's late filer list.
Grain futures were lower Tuesday in early trading on the Chicago Board of Trade.
The Supreme Court ruled unanimously Monday in favor of participants in employee retirement plans who object to companies' investment decisions that eat into retirement savings.
Pawtucket Red Sox President James Skeffington, a lawyer who became the minor league affiliate's public face and lead cheerleader for a plan to move the team to downtown Providence, has died. He was 73.
The Supreme Court on Monday struck down as unconstitutional a Maryland tax that has the effect of double-taxing income residents earn in other states.
U.S. homebuilders are feeling slightly less confident about their sales prospects, a reflection of the sluggish start to this spring's home-selling season.
Shoppers could soon have a harder time finding out where some of their red meat comes from.
Exelon and Pepco said Monday that they will work to meet the 46 conditions set by Maryland regulators in order for the two energy providers to combine, even though the companies said completing them will be a challenge.
A New York state judge put off a decision in the television revenue dispute between the Baltimore Orioles and Washington Nationals after listening to four hours of arguments.
The packaging company combination of Rock-Tenn and MeadWestvaco will be known as WestRock Co. when the businesses complete a deal they announced earlier this year.
Asian stock markets rose Tuesday after Wall Street hit a new high as investors looked ahead to U.S. and European inflation data.
U.S. stocks indexes are edging lower in early trading as the market comes off its latest record high.
The Supreme Court will consider whether an advertising agency hired to boost recruitment for the U.S. Navy is immune from a lawsuit that claims it illegally authorized thousands of unsolicited text messages.
The City of London police have issued a warning about the health risks posed by counterfeit makeup.
Shares of Eleven Biotherapeutics Inc. plunged Monday after the clinical-stage biopharmaceutical company said its key drug candidate failed to meet its goals in a late-stage study.
Long-time Healthways CEO Ben Leedle has left the wellness program provider, which named Chief Financial Officer Alfred Lumsdaine as an interim replacement.
Advocates for workers' rights are urging FIFA sponsors to take more responsibility for the treatment of World Cup workers in Qatar, calling the "horrific" working conditions there a blot on any company's brand.
UEFA is preparing to ease rules which limit how much Europe's top clubs spend on player transfers and wages.
World stock markets mostly fell on Monday as weak data from the U.S. and China and uncertainty over Greece clouded the outlook for the global economy.
The Ascena Retail Group is buying the owner of Ann Taylor and Loft in a deal valued at about $2.16 billion.
A first-of-its-kind provision that prevents welfare recipients in Kansas from withdrawing more than $25 a day from an ATM might violate federal law, and could jeopardize the state’s federal funding if not amended.
George H.W. Bush famously called it voodoo economics. Ronald Reagan called it a winner and took the White House in a landslide, and it’s been a mainstay of Republican fiscal policy ever since. Until now.
Drugmaker Endo International PLC is climbing toward the top of the steadily consolidating generic medicine business with a deal to buy Par Pharmaceutical Holdings Inc. for about $8.05 billion.
Portuguese officials are evaluating three bids submitted for a 61 percent stake in TAP Air Portugal as the government makes a second attempt to privatize the flag carrier.
Spain's economy minister the country's economic growth is likely to pick up speed and could hit 3.5 percent this year.
Egypt suspended a capital gains tax on Monday, sending shares soaring after a months-long downturn in which investors had complained of a lack of clarity about the new taxes, with some even taking the government to court.
Robert de Niro and his business partners formally opened Asia's first Nobu Hotel in Manila on Monday as the luxury brand gears up for global expansion.
Greek Finance Minister Yanis Varoufakis said Monday that he expects an agreement with bailout creditors within the next week, which would save the cash-strapped country from fast-approaching bankruptcy.
U.S. Secretary of State John Kerry on Monday accused North Korea of a litany of crimes and atrocities while reassuring South Korea of America's "ironclad" security commitments.
Two wingsuit fliers who leaped from a cliff in Yosemite National Park were trying to zoom through a notch in a ridgeline and were airborne for about 15 seconds when they slammed into a rocky outcropping and were killed, a friend said Monday.
JPMorgan Chase & Co. announced plans Monday for the second year of its 5-year commitment to help Detroit address some of the challenges faced by the city which emerged in December from the largest municipal bankruptcy in U.S. history.
Federal authorities said Monday they're unsure anything struck the windshield of an Amtrak train minutes before a deadly derailment in Philadelphia last week, adding another twist to the investigation the day trains started running to New York again.
Extreme athlete Dean Potter, renowned for his daring and sometimes rogue climbs and BASE jumps, was one of two men killed while attempting a wingsuit flight in Yosemite National Park, a park spokesman said Sunday.
A record number of travelers are expected to take to the skies this summer thanks to a rebounding economy.
Nissan Motor Co. will have vehicles packed with autonomous driving technology by 2020 but whether people will be able to drive them on roads is up to government regulators, Chief Executive Carlos Ghosn said Monday.
More than 170 clinics across the country are selling experimental stem cell procedures for dozens of diseases and conditions — a mushrooming industry that has flourished despite little evidence of its safety or effectiveness.
The liquid is dark red, a mixture of fat and blood, and Dr. Mark Berman pumps it out of the patient's backside. He treats it with a chemical, runs it through a processor — and injects it into the woman's aching knees and elbows.
C.J. Nitkowski had nothing to lose in spring 2011. The rotator cuff in his left shoulder that he'd relied on during his decade as a major league pitcher was in tatters. He was 38 and his fastball traveled a Little League-worthy 50 mph.
The ladies of "Pitch Perfect 2" hit all the right notes opening weekend, amassing a $70.3 million debut, according to Rentrak estimates Sunday.
One of the nation's largest egg producers says it will destroy 2 million egg-laying hens in Minnesota due to a deadly bird flu virus.
At the front of a classroom, health worker Cheryll Moore demonstrates "the nod" — a jerk of the head forward and then quickly back — a telltale sign of heroin use, though not necessarily of an overdose.
The average national price of a regular gallon of gasoline has jumped 22 cents in the past three weeks to $2.80.
Montreal Mayor Denis Coderre says he plans to meet baseball Commissioner Rob Manfred in New York on May 28 as part of the city's quest for a return of the sport.
The man who once tried buy an NHL franchise with loads of chutzpah and not much else could face a return to the judicial penalty box if convicted of what authorities say is yet another scam.
They're gonna need a bigger Twitter.
The company behind a high-profile green-energy technology community in Abu Dhabi says a fire has broken out on the site for the second time in a week.
The Port of Tacoma has the berths that could handle Shell’s fleet of Arctic drilling rigs, but the port is unsure whether it wants the controversy that would come with them.
Consumer sentiment slid in May, according to a key measurement released Friday, begging the question of just what is weighing down the American consumer?
Most of the nation’s railroads will not meet a Dec. 31 deadline for installing collision-avoidance technology that could have prevented Tuesday’s deadly Amtrak crash in Philadelphia.
Walmart is firing back at criticism leveled by the AFL-CIO in its annual Executive Paywatch report.
Josh Hamilton says he was rejected several times when he tried to speak to Angels owner Arte Moreno during the slugger's disappointing two-year stint in Los Angeles.
This is no longer about deflated footballs.
For almost 50 years, gearheads have swooned over the Chevrolet Camaro for its muscular looks, throaty exhaust and high-horsepower engines.
Bright lights, big city?
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