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U.S. student loan debt is not killing homeownership

Is surging student debt really preventing an entire generation from becoming first-time homebuyers? Is surging student debt really preventing an entire generation from becoming first-time homebuyers? That's true, to an extent, but also mischaracterizes education debt as holding most people back, rather than helping them get ahead.

Oct 23, 2014 12:11 PM EDT


U.S. factory activity growth slips in October: Markit

The U.S. manufacturing sector slowed in October to its lowest rate of growth since July, while a gauge of new orders hit its lowest level since January, an industry report showed on Thursday.

Oct 23, 2014 12:02 PM EDT


U.S. jobless claims data point to firming labor market

The number of Americans filing new claims for unemployment benefits rose last week, but the underlying trend firmly pointed to strengthening labor market conditions.

Oct 23, 2014 11:59 AM EDT


Wall Street jumps 1 percent in broad rally on results

U.S. stocks surged on Thursday, with major indexes up more than 1 percent in a broad rally as strong results, including from two Dow components, reassured investors that corporations continue to fare well despite concerns about global economic growth.

Oct 23, 2014 11:56 AM EDT


Nissan recalling 260,000 vehicles globally with Takata air bags

Nissan Motor Co said on Thursday it is recalling 260,000 vehicles globally due to a defect in driver-side air bags made by Takata Corp.

Oct 23, 2014 11:50 AM EDT


U.S. prosecutors probe Takata Corp over statements: WSJ

U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp (7312.T) misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp (7203.T) and Honda Motor Co Ltd (7267.T), The Wall Street Journal reported on Wednesday.

Oct 23, 2014 11:38 AM EDT


GM posts higher-than-expected profit on strong North American demand

General Motors Co (GM.N) on Thursday reported a higher-than-expected profit in the third quarter on strong demand for its redesigned full-size pickup trucks in North America.

Oct 23, 2014 11:23 AM EDT


What Minecraft is teaching your kids about money

If your kids are chattering non-stop about things like emeralds, pickaxes and creepers, you may have a unique opportunity to turn a video game addiction into a life lesson about money.

Oct 22, 2014 12:05 PM EDT


U.S. government probes medical devices for possible cyber flaws

The U.S. Department of Homeland Security is investigating about two dozen cases of suspected cybersecurity flaws in medical devices and hospital equipment that officials fear could be exploited by hackers, a senior official at the agency told Reuters.

Oct 22, 2014 12:02 PM EDT


Apple CEO discusses security with top Chinese official amid hacking claims: Xinhua

Apple Inc (AAPL.O) Chief Executive Tim Cook discussed user data security at a meeting on Wednesday with a top Chinese government official in Beijing, the official Xinhua news agency reported.

Oct 22, 2014 11:58 AM EDT


Yahoo CEO Marissa Mayer parries activist investor attacks

Yahoo Inc's CEO is trying to steer investor focus away from the tech company's stagnant revenue and toward achievements and growth prospects that have been flying below the radar.

Oct 22, 2014 11:54 AM EDT


U.S. consumer prices rise on shelter costs, but inflation muted

U.S. consumer prices rose marginally in September, painting a weak inflation picture that should give the Federal Reserve ample room to keep interest rates low for a while.

Oct 22, 2014 11:51 AM EDT


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