Thursday, April 24, 2014
The number of Americans buying new homes plummeted in March to the slowest pace in seven months, a sign that the spring buying season is off to a weak start.
Former U.S. Federal Reserve Chairman Ben Bernanke said he could have done a better job in helping people understand the action the central bank took during the financial crisis.
Wednesday, April 23, 2014
Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers.
Spring's thaw is reviving the U.S. economy, too.
Tuesday, April 22, 2014
Rising costs for materials and labor appear to be pressuring U.S. businesses, according to a quarterly survey from the National Association of Business Economics.
Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a much cleaner oil alternative and will help fight climate change.
Saturday, April 19, 2014
Who says America has lost its muscle?
Friday, April 18, 2014
With more than 1 million visitors annually, the New York International Auto Show is one of the most important shows for the U.S. auto industry. Here are some of the vehicles debuting this year. The show opens to the public Friday.
The U.S. economy is showing clear signs of emerging from the brutal winter, with consumer spending picking up broadly, the Federal Reserve's Beige Book survey said Wednesday.
Federal Reserve Chairwoman Janet Yellen said Wednesday that the U.S. job market still needs help from the Fed and that the central bank must remain intent on adjusting its policy to respond to unforeseen challenges.