Across US job market, layoffs are becoming rare 

(AP) — The risk of losing your job is getting smaller and smaller.

Dick's Sporting Goods lays off 478 PGA golf pros

(AP) — The Dick's Sporting Goods chain has laid off 478 Professional Golfers' Association teaching pros months after the company reported that sales of golf gear are dwindling.

Ryan proposes streamlining anti-poverty programs

(AP) — Rep. Paul Ryan proposed a new plan Thursday to merge up to 11 anti-poverty programs into a single grant program for states that he said would allow more flexibility to help lift people out of poverty.

US unemployment aid applications drop to 284,000

(AP) — The number of people seeking U.S. unemployment benefits fell last week to its lowest level in more than eight years.

FAA lifts ban on US flights to Tel Aviv airport

(AP) — The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel.

US new-home sales plummet in June

(AP) — Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy.

Wal-Mart names new CEO of US discount division

(AP) — Wal-Mart U.S. chief Bill Simon is stepping down after being in the role since June 2010, the company said Thursday.

Union Pacific 2Q profit chugs ahead 17 percent

(AP) — Union Pacific Corp. says its quarterly profit climbed 17 percent as the railroad hauled 8 percent more freight and raised shipping rates.

Meat supplier in China scandal has global reach

(AP) — It isn't a household name, but the company at the center of a food scandal in China helps make some of the world's most popular foods, including the Big Macs and Quarter Pounders served at McDonald's locations.

US stocks drift higher following mixed earnings

(AP) — U.S. stock indexes edged mostly higher as traders looked over a mixed batch of corporate earnings.