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economy

U.S economy growing at ‘modest’ pace

The "Beige Book" says that while manufacturing had either held steady or increased, growth was tempered by the downturn in the oil and gas industry.

boston

10 FOR TODAY: Thursday, June 4

Your daily look at the stories that will be talked about today.

Law enforcement officials are gathered on a residential street in Everett, Massachusetts June 2, 2015 in connection to a man shot dead by law enforcement in Boston after coming at them with a large knife when they tried to question him as part of a terrorism-related investigation, authorities said.

Slain Boston man had planned to kill police officers

A Massachusetts man slain by law enforcement officers had discussed plans to behead police officers with an associate arrested the same day.

Greek Prime Minister Alexis Tsipras gestures as he addresses reporters during a joint press conference with OECD Secretary General Angel Gurria, at the OECD headquarter in Paris, Thursday March 12, 2015.

Global watchdog slashes US economic forcast

The world economy risks a low-growth spiral unless measures are taken to spur demand and incite businesses to boost sluggish investments.

Suffolk County District Attorney Daniel F. Conley speaks as FBI Special Agent in Charge of Boston Vincent B. Lisi, left to right, Boston Mayor Marty Walsh and Boston Police Commissioner William B. Evans, far right, look on during a joint news conference at the Boston Police Department's Headquarters Tuesday, June 2, 2015, in Boston. A man under surveillance by a joint terrorism task force was shot and killed outside a pharmacy Tuesday after he lunged with a knife at a city police officer when asked to drop his military style knife before the officer and an FBI agent opened fire.

Man shot dead after lunging at police in Boston

A man who was under surveillance by terrorism investigators lunged with a knife at a police in Boston.

A playground is seen behind a locked gate at Woods Elementary Math & Science Academy in Chicago, Illinois, United States, May 8, 2015.

Empty schools pose tough sell for Chicago

Shuttered buildings have become a vivid symbol of the fight over Chicago Mayor Rahm Emanuel's education reform.

FILE - This Sept. 17, 2008 file photo shows a Wall Street sign in New York. U.S. stocks are opening lower Tuesday, June 2, 2015, as investors fret over Greece's shaky finances.

Encouraging job market news sends stocks higher

Stocks are opening slightly higher as traders following reports that companies stepped up hiring in May.

President Barack Obama pauses while talking about National Security Agency (NSA)surveillance, Friday, Jan. 17, 2014, at the Justice Department in Washington.Seeking to calm a furor over U.S. surveillance, the president called for ending the government's control of phone data from hundreds of millions of Americans and immediately ordered intelligence agencies to get a secretive court's permission before accessing the records.

Obama signs bill reforming surveillance program

Passage of the USA Freedom Act, the result of an alliance between Senate Democrats and some of the chamber's most conservative Republicans, was a victory for Obama.

U.S. Senator Ron Wyden (D-OR) speaks with reporters as he arrives for the weekly Democratic Caucus policy luncheon at the U.S. Capitol in Washington June 2, 2015.

Bill to limit domestic spy programs passes Congress

The Senate sends a bill reforming a government domestic spying program to the White House.

In this photo taken Tuesday, March 24, 2015, TSA agents work at a security check-point at Seattle-Tacoma International Airport in SeaTac, Wash.

TSA head reassigned after poor security report

Melvin Carraway, head of the TSA, is being reassigned after agents were able to smuggle numerous prohibited items past checkpoints.

FILE - In this Nov. 20, 2014 file photo, Senate Commerce Committee member Sen. Bill Nelson, D-Fla. displays the parts and function of a defective airbag made by Takata of Japan that has been linked to multiple deaths and injuries in cars driven in the U.S., during the committee's hearing on Capitol Hill in Washington. Government statistics released Thursday, Feb. 12, 2015 show that automakers issued 803 recalls totaling almost 64 million vehicles in the U.S. last year, more than double the old record set a decade earlier.

Owners may need to replace Takata air bags more than once

Millions with Takata air bags may need more repairs because of shortages of replacement parts and uncertainty over defective repair parts.

Hurricane

Tropical Storm Blanca expected to become major hurricane

Tropical Storm Blanca is forecast to rapidly strengthen and become a major hurricane later this week over the eastern Pacific.

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