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U.S. officials are optimistic that the election of new pro-business Indian Prime Minister Narendra Modi will enhance bilateral trade between the two countries, which have lagged far behind American business transactions with rival China. (associated press)

Pro-trade Indian leader to visit Washington

- The Washington Times

U.S.-Indian economic relations have long been heavy on promise and light on performance. U.S. officials and business leaders are hoping the visit of new pro-business Indian Prime Minister Narendra Modi to Washington this week will change that dynamic and boost trade and investment between the world's two largest democracies.

FILE - In this July 1, 2014 file photo, Lance Thompson pumps gas into his truck at a Love's station in St. Joseph, Mo. The Labor Department reports on U.S. consumer prices in August on Wednesday, Sept. 17, 2014. (AP Photo/St. Joseph News-Press, Sait Serkan Gurbuz, File)

US gas prices fall, extending summer decline

Associated Press

A national survey says the average price of a gallon of regular gasoline has dropped another 9 cents over the last two weeks, to $3.37, bringing the decline to 34 cents over the last 13 weeks.

Volatile apartment sector reduces US home building

- Associated Press

U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly.

FILE - This Jan. 23, 2013 file photo shows a real estate sign in front of  a home in Downey, Calif. California home sales declined in July 2014 compared to the same time the previous year as buyers struggled to find something they could afford in the tight market, a research firm said Thursday, Aug. 14, 2014. (AP Photo/Jae C. Hong, File)

US existing home sales fall in August

- Associated Press

Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce.

ExxonMobil CEO Rex W. Tillerson (left) and Russian Prime Minister Vladimir Putin appear together Tuesday in Sochi, Russia, at a signing ceremony for a deal between Russia's Rosneft oil company and ExxonMobil to develop oil fields in the Russian Arctic. Rosneft will gain some U.S. oil-field access.

Exxon to wind down Russian drilling project

- Associated Press

Exxon Mobil said Friday that it will stop drilling an exploratory well in Russia's Kara Sea in compliance with U.S. sanctions against Russia over Russia's involvement in the Ukraine.

Minnesota unemployment rate falls to 8-year low

- Associated Press

Minnesota's unemployment rate fell to an eight-year-low of 4.3 percent in August as 6,100 jobs were added and more state residents left the workforce.

FILE - In this Wednesday, June 4, 2014 file photo, Marty Mascio of Pembroke Pines, Fla., selects a grade of gasoline as he fills up his car at a Chevron station in Pembroke Pines. Lifting restrictions on exports of crude oil from the U.S. would benefit the U.S. economy and lead to a slight dip in gasoline prices, according to a study released Tuesday, Sept. 9, 2014. (AP Photo/Wilfredo Lee, File)

Study: Want lower gas prices? Ship more oil abroad

- Associated Press

Exporting more U.S. crude around the world would lower the price of gasoline for U.S. drivers and benefit the U.S. economy, according to a new study released Tuesday.

Ruling could cost BP added $18B; stock slumps

- Associated Press

A judge's ruling in the 2010 Gulf of Mexico oil spill case that could cost BP an additional $17.6 billion in fines sent the company's shares tumbling Thursday.

FILE - In this July 31, 2012, file photo, an employee works on a Passat sedan at the Volkswagen plant in Chattanooga, Tenn. Friday, Feb. 28, 2014, marks the end of the two-week period within which U.S. Sen. Bob Corker promised Volkswagen would announce another line at its factory in Tennessee if workers there rejected representation by the United Auto Workers union. So far there's little sign of any pending announcement.  (AP Photo/Erik Schelzig, File)

German-style apprenticeships could supply US economy with bevy of skilled workers

- The Washington Times

If adopted widely by U.S. manufacturers and other businesses, apprenticeships have the potential to help solve a critical U.S. problem with high unemployment among youth and workers who got laid off during the recession, backers say. Despite five years of recovery from the Great Recession, many of these hard-to-employ people still can't find jobs.