Thursday, October 23, 2014
After more than five years of stock market gains, investors could be forgiven for worrying that big sell-offs may be the harbingers of bigger slumps.
Sliding oil prices are deepening the budget crisis facing the Venezuelan government, which is already struggling to fund its lavish subsidies and rigid exchange-rate controls, analysts say.
Prominent Dallas businessman Samuel Wyly has filed for bankruptcy protection as he and the estate of his brother face up to US$400 million in penalties after being found liable for hiding stock holdings overseas.
Wednesday, October 22, 2014
A federal regulator says government-controlled mortgage giants Fannie Mae and Freddie Mac have reached an agreement with major banks that could expand lending.
Monday, October 20, 2014
A sudden plunge in mortgage rates this week raised an urgent question for millions of Americans:
Saturday, October 18, 2014
Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding.
U.S. stocks opened higher Friday as investors weighed the latest corporate earnings news and data showing home construction picked up last month. General Electric and Morgan Stanley were among the early gainers after each reported earnings that beat analysts' estimates.
Friday, October 17, 2014
U.S. manufacturing output rose in September, led by gains for aerospace products, furniture, clothing and plastics.
The number of people seeking U.S. unemployment aid dropped to the lowest level in 14 years last week, the latest signal that companies are cutting fewer workers and hiring could remain healthy.
The U.S. Treasury said Wednesday that China does not manipulate its currency, but pushed Beijing to do more to focus on domestic demand — not exports — to drive economic growth.