Builders have slowed down the construction of new homes primarily due to a pullback in buyer demand. Rising inventory levels and weak buyer demand have resulted in homes sitting longer on the market.

U.S. Treasury bonds are seen as a safe haven at times of geopolitical upheaval and uncertainty - a refuge for global assets in the wake of a crisis. At such times, panicked investors flee to the ...

A lot of things went right for U.S. inflation in May. The consumer-price index rose just 0.1% from April, and held under 2.5% in year-over-year terms for a third consecutive month. Some of the most ...

Because claims often rise at the start of summer, it's hard to determine how much the increase in unemployment has stemmed from U.S. trade wars. Most other reports suggest hiring has slowed, but the ...

-- Spain's Santander is among the parties that have approached Sabadell about a deal for its U.K. subsidiary TSB, Sky News reports, citing unnamed sources. -- Santander hasn't put forward a formal ...

President Donald Trump's two sons, Donald Trump Jr. and Eric Trump, on Monday unveiled Trump Mobile - a wireless service featuring an optional gold smartphone. Reactions ranged from enthusiasm to ...

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In the week through June 14, 245,000 people filed new jobless claims, down from 250,000 a week earlier, according to the Labor Department. Analysts polled by The Wall Street Journal were expecting to ...

Texas Instruments said it plans to invest more than $60 billion across three manufacturing sites in Texas and Utah.

Earlier this year, the White House reiterated Trump's promise not to make any cuts to Medicare - but the budget bill he is now directly encouraging Congress to support does exactly that. As Senate ...

The Cleveland Fed model has a number of inputs found in the past to have at least some ability to forecast future interest rate trends. If you believe the model's current forecast is wrong, you would ...

BP’s latest plan is to return 30%-40% of cash flow to shareholders and grow the dividend by 4% per year. This payout ratio is in line with that of most European integrated oil peers. Its latest ...