Economic Indicators

A glance at US mortgage rates

Long-term U.S. mortgage rates rose this week for the fourth straight week, though they remain historically low as a spur to home sales in the spring buying season.

Solar energy threatened in state known for eco-friendly fuel

When Todd Miller began his two-person solar installation business in a suburb of Des Moines, one of the challenges he faced was keeping up with customer orders, as tax incentives and plunging prices for the boxy roof panels created a booming demand for this form of clean energy.

Royal Bank of Scotland chief executive to step down

Royal Bank of Scotland says chief executive Ross McEwan is stepping down after 5 1/2 years overseeing the restructuring of a bank that was bailed out by the government during the global financial crisis.

Possible $5B Facebook fine echoes European tech penalties

The possibility of a $5 billion federal privacy fine for Facebook suggests that U.S. regulators may be taking a cue from the large penalties their European counterparts have been handing out to U.S. technology giants.

Tesla posts surprisingly large 1Q loss as sales slump 31%

Tesla has lost nearly $6 billion since setting out to revolutionize the auto industry 15 years ago, but CEO Elon Musk foresees a profitable future fueled in part by a ride-hailing service made up of electric cars driven by robots.

Microsoft's cloud growth pleases Wall Street

Microsoft's ongoing push to get automakers, retailers and other businesses onto its cloud computing platform helped power the company's third-quarter earnings ahead of Wall Street expectations Wednesday.