Pending home sales rise sharply, point to stronger market
Americans signed more contracts in July to buy previously-owned homes than in any month in almost a year, suggesting the housing market was pulling out of its slump more quickly than expected.
Aug 28, 2014 11:01 AM EDT
Buffett puts shareholders ahead of patriotism in Canadian deal
Warren Buffett may be most famous for the billions of dollars he has made from investing but he is also well known as a cheerleader for the United States. The Oracle of Omaha routinely exhorts investors to put their money in America, "the mother lode of opportunity," as he wrote in his annual letter this year.
Uber eyes aggressive expansion in Germany despite bans
U.S. car service Uber is planning an aggressive expansion in Germany despite a backlash from cities like Berlin and Hamburg, which have questioned its right to operate in highly regulated markets dominated by traditional taxis.
Futures point to flat open with indexes at records
U.S. stock index futures pointed to a flat open on Wednesday, as investors found few reasons to keep buying after a rally that has taken indexes to repeated records, even as there was little seen on the horizon that could derail the rally.
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U.S. home prices fall in June: S&P/Case-Shiller
U.S. single-family home prices fell in June and disappointed expectations, a closely watched survey said on Tuesday.
Aug 26, 2014 10:34 AM EDT
Aircraft demand spurs record U.S. durable goods orders gain
Orders for long-lasting U.S. manufactured goods posted their biggest gain on record in July on strong international demand for aircraft, but the underlying trend remained consistent with a steady pace of domestic economic growth.
Aug 26, 2014 10:08 AM EDT
Germany clears $6.9 billion RWE unit sale to Russian investor
Germany's economy ministry approved the sale of utility RWE's (RWEG.DE) oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis.
Aug 22, 2014 10:46 AM EDT
U.S. labor market less flexible than in 1990, economists warn
The U.S. labor market has become steadily less dynamic since 1990, with workers seemingly locked into particular jobs and a more sluggish process of job creation and destruction in the private sector, according to research to be presented to global central bankers on Friday.
Aug 22, 2014 10:40 AM EDT
Ford tells U.S. dealers to stop selling some C-Max, Focus models
Ford Motor Co (F.N) has told its U.S. dealers to stop test-driving and selling C-Max and Focus models produced during a week this month because of potential problems with the steering gear assembly, a notice sent to dealers on Wednesday shows.
Aug 21, 2014 2:42 PM EDT
Sprint and T-Mobile offer further price discounts
Sprint Corp (S.N) unveiled a plan on Thursday that gives subscribers access to unlimited data for $60 a month, the industry's cheapest unlimited data offering as the carrier attempts to reverse the decline in its subscriber base.
Aug 21, 2014 2:39 PM EDT
Wall St. climbs to record after data; Jackson Hole ahead
U.S. stocks inched higher on Thursday and the S&P reached a record high, lifted by data pointing to steady improvement in the economy, as investors awaited the start of a meeting of top central bankers and economists in Jackson Hole, Wyoming.
Aug 21, 2014 2:33 PM EDT
U.S. housing, jobs data bolster economic outlook
U.S. home resales rose to a 10-month high in July and the number of Americans filing new claims for unemployment benefits fell last week, signaling strength in the economy early in the third quarter.
Aug 21, 2014 2:31 PM EDT
Wall Street pares gains after Fed minutes
U.S. stocks slightly pared gains on Wednesday after minutes from the Federal Reserve's July meeting showed the central bank remains accommodative but may hike interest rates sooner depending on the economy's rebound.
Aug 20, 2014 3:34 PM EDT
Dipping into the noisy U.S. housing market
The U.S. housing market roared in July, but investors may want to tiptoe rather than jump into the sector, analysts and fund managers say.
Aug 20, 2014 3:23 PM EDT
Target cuts forecast as it woos back customers with more discounts
Target Corp cut its full-year earnings forecast as it offers more discounts to attract cash-strapped customers and win over shoppers unnerved by a massive holiday-season data breach.
Aug 20, 2014 3:19 PM EDT
Staples warns of weak sales on low demand for core office supplies
Staples Inc (SPLS.O) warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies such as ink, toner and paper in North America amid stiff competition from online retailers and big-box chains.
Aug 20, 2014 3:16 PM EDT