US new home sales rebound in August, prior months revised lower
The housing market is lagging a robust economy, with data last week showing sales of previously owned homes flat in August and building permits plunging to a more than one-year low.
Used sedans still cheap, but prices are rising
Late in the spring, Bob Castaldi started checking used car prices online, wondering if it would be a good time to sell his family's loaded-out 2014 Honda Civic.
UK Labour leader aims to shift focus from Brexit to economy
British opposition leader Jeremy Corbyn rallied his Labour Party on Wednesday, calling for a clampdown on unfettered capitalism and a huge investment in public services as he tried to refocus attention on domestic policies after an annual conference dominated by Brexit.
China cuts some tariffs _ but does not address US complaints
China has announced a new cut in import tariffs but no action on U.S. complaints about its technology policy that are fueling an escalating trade battle with Washington.
Startups shook up the sleepy razor market. What's next?
What do you hate shopping for?
Italian budget to promote growth, not seek austerity
Italy's economy minister says the first budget of the new Italian government will include a basic income scheme sought by one of the governing parties, the 5-Star Movement.
Czech central bank again lifts key interest rate
The Czech Republic's central bank has raised its key interest rate for the third time since June, by a quarter point to1.50 percent.
Amazon pushes Whole Foods grocery delivery to new cities
Amazon continues to expand delivery from its Whole Foods grocery stores, announcing new service in 10 cities while broadening delivery areas where it's already operating.
Stock markets steady as focus turns to Fed rate decision
Asian markets rose on Wednesday as traders awaited a third interest rate hike by the U.S. Federal Reserve for this year.
Fed poised to raise rates for third time this year
The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead.
Report: Long trade war would hurt US more than China
Economists at the European Central Bank simulated a wide-ranging global trade war and found it would cost the United States significant amounts of growth, while China might not be hit so badly.
Asian victors may find anti-China campaign vows hard to keep
Three Muslim-majority South Asian countries have elected leaders who campaigned on a promise to temper Beijing's growing influence, but analysts say reducing China's foothold won't be easy because of the billions of dollars spent and invested already.
Fed seems poised to raise rates for a 3rd time this year
The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead.
How the Fed's interest rate hikes impact consumers
An increase in the benchmark short-term rate is good news for savers and bad news for borrowers.
America’s new workforce trend: Refusing to retire
One-quarter of the labor force could consist of workers 55 and over by 2020.
Clouds on horizon as trade wars, debt weigh on Asia's growth
Trade conflicts, rising debt and the potential impact from rising interest rates in the U.S. will likely dampen growth in the coming year, the Asian Development Bank said Wednesday in an update of its regional economic outlook report.
US attorneys general discuss social media privacy concerns
A meeting between top state law enforcement officials and Attorney General Jeff Sessions about how the government can safeguard the privacy of social media users ended without a decision on whether to investigate.
Business Highlights
___ Into the fold?
Asian markets rally ahead of US Fed rate hike
U.S. stock indexes are slightly higher Tuesday morning as energy companies continue to rise with oil prices.
How major US stock indexes fared Tuesday
U.S. stocks finished mostly lower Tuesday as rising interest rates hurt shares of companies that pay big dividends and higher oil prices affected transportation and shipping companies.















