Construction of homes and apartments fell in July to the lowest level in more than 17 years, the government reported Tuesday.
Home Depot posts higher-than-expected profitHome Depot Inc , the world's largest home improvement retailer, reported higher-than-expected quarterly profit on Tuesday as it held down costs and consumers took on spring projects.
Platinum Dives Lower Still, Gold and Silver RiseNew York platinum continued its downward spiral Tuesday falling 3.1 percent. Silver and gold, on the other hand, experience gains after oil's surge and the US dollar's decline.
New Trends In Office Attire Say Mess is BestThere's a new trend in dressing down for work; it appears that the less you care about clothes, the more you care about your job.
US banks scramble to refinance maturing debtBattered US financial groups will have to refinance billions of dollars in maturing debt over the coming months, a move likely to push banks' funding costs higher and curb their profitability, say bankers and ...
U.S. Mint Suspends American Eagle Gold Coin Sales to Authorized DealersThe Gold Anti-Trust Action Committee (GATA) reported Friday that the United States Mint has suspended sales of American Eagle gold coins to their network of Authorized Purchasers.
Netflix shipping centers slammed by problemsNetflix Inc. said Thursday that major technical problems over the past three days have severely limited the number of DVDs it could send out.
After long decline, dollar's rally has some believing the currency's prospects are improvingThe buck may be turning into a bull. The U.S. dollar extended its recent rally against major currencies on Friday as commodities fell and European and Japanese economies faltered.
Business & Bullion Weekend Report: Silver, Gold, Platinum Prices and Charts for Aug 16Precious metals took brutal body blows this week with London silver, gold and platinum falling 16.4 percent, 8.9 percent and 10.8 percent respectively. A dominating U.S. dollar matched against weaker global currencies helped push the metal losses. Falling crude oil played its part as well.
Bad economy good news for results at Wal-MartWal-Mart Stores Inc. raised its full-year earnings forecast Thursday after second-quarter profit rose more than expected, helped by tight inventory controls and a renewed focus on low prices that is attracting ...
FAA accuses American Airlines of safety, drug-testing problemsThe Federal Aviation Administration has accused American Airlines of safety and drug-testing violations.
Gold Drops Previous Session Gain, Silver Slides 61 CentsNew York gold poked its head out of an eight day dark hole Wednesday only to jump back into it Thursday by dropping its previous day's gain. Silver and platinum were also daily losers as investors eyed declining oil prices and a strong US dollar.
Pickens says oil won't go below $100Texas oil billionaire T. Boone Pickens said on Thursday crude prices may soon fall as low as $110 a barrel amid falling gasoline demand, but should not sink below $100 because the United States depends heavily ...
Wal-Mart profit up, cautious on third-quarter forecastWal-Mart Stores Inc reported a 17 percent rise in profit and raised its full-year forecast as shoppers seek low prices, but cautioned that a difficult global economy was heaping pressure on consumers.
Inflation fastest in 17 years, rate climbs 5.6%The annual inflation rate climbed to 5.6% in July - the fastest growing rate in 17 years, according to Labor Department figures released Thursday.Consumer prices jumped 0.8% in July, nearly double the level economists expected. It follows June's 1.1% increase.
The biggest culprit in inflation's increase was energy costs, which jumped by 4% on a monthly basis and 29.3% annually. On a somewhat optimistic note,
BMW Recalls 200K VehiclesBMW AG is recalling 200,000 vehicles over concerns that the front passenger air bag may not deploy in a crash.
Gold Breaks Eight Day Losing Streak, Silver and Platinum GainNew York gold recovered some of its luster Wednesday as did silver and platinum. After eight consecutive sessions of losses, gold finally pushed its way up with today's rising oil prices and a slippage in the U.S. dollar.
US STOCKS-Credit jitters, oil hit Wall St; banks dive | Markets | Markets News | ReutersU.S. stocks slid on Wednesday as financial shares sold off for a second straight day on fresh concerns about the widening impact of the mortgage crisis on the U.S. economy's outlook.
10 Awesome Vehicles That Qualify as a Business Write OffThe study by the Government Accountability Office, expected to be released Tuesday, said two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, and about 68 percent of foreign ...