Economic Indicators

UK govt says 'no-deal' Brexit would mean red tape, expense

The British government says it will unilaterally accept some European Union rules and give EU financial services firms continued access to the UK market in order to maintain stability if the country crashes out of the bloc without a deal.

US new-home sales fell 1.7 percent in July

Sales of new U.S. homes slumped 1.7 percent in July, the second straight monthly decline as the broader housing market appears to have lost some of its momentum despite an otherwise solid economy.

US July new home sales fall to 9-month low

The sector has been plagued by rising building material costs and shortages of land and labor, which have put a squeeze on the supply of houses available for sale and kept house prices elevated.

VW to launch all-electric car sharing in Berlin

Volkswagen says it's launching an all-electric car sharing service in Berlin using its battery powered Golf and Up! models as it seeks to build a business serving people in big cities who don't own cars.