Industrials

China defends 'New Silk Road' against debt complaints

Chinese officials have defended Beijing's initiative to build railways and other infrastructure across Asia against complaints it leaves countries with too much debt after Malaysia canceled two high-profile projects.

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.

Attempt to break into Democratic Party voter data thwarted

The Democratic National Committee thwarted an attempted hack of its massive voter database, an official said Wednesday, two years after Russian operatives sent the party into disarray by breaking into its computers and facilitating the release of tens of thousands of emails online amid the presidential election.