Browsing: News

US home building increased in July, rising 3.9% from June, as low inventory in the existing home market continued to boost interest in new homes. Housing…

A ‘richcession’ may be underway”In most recessions, unemployment rises more for lower-income groups,” said Tomas Philipson, a professor of public policy studies at the University of…

The U.K. has created an investment vehicle to back growth-stage financial technology companies until they can go public, in a bid to bolster Britain’s global image…

US consumers, trapped in a web of conflicting signals on the health of the economy and how it impacts their ability to shop, might be forced…

Mortgage rates rose for the third straight week last week, matching a 22-year high. As a result, mortgage demand dropped as well.Total mortgage application volume was…

Check out the companies making headlines before the bellTarget – Target shares popped nearly 8% before the market opened even as the retailer slashed its full-year…

Rural Mingo County, West Virginia, is one of America’s poorest counties. Nearly one-third of its residents live below the poverty line, only a third of its…

Target on Wednesday missed quarterly sales expectations and slashed its full-year forecast, as it again had trouble convincing shoppers to buy more than the necessities.The big-box…

UK inflation slowed sharply for the second month in a row, falling to a 17-month low in July, official data showed Wednesday. Consumer prices rose 6.8%…

Tencent on Wednesday reported a weaker-than-expected surge in profit for the second quarter, as cost-cutting measures began to pay off and sales rose across the company’s…