(LOS ANGELES)Shares of large U.S. homebuilders sank Wednesday after new data showed residential construction slowed in October to the lowest level on record, reflecting worsening woes for the s...READ MORE
(WASHINGTON)Construction of new homes plunged last month to the lowest level on records going back nearly 50 years as U.S. builders slashed production while Wall Street nosedived.READ MORE
(WASHINGTON)A government report on new-home construction and building permit applications for October is forecast to show declines for the fourth straight month as the housing sector is pulled...READ MORE
(NEW YORK)An increasingly despondent Wall Street fell for the third straight session Wednesday as investors absorbed another series of dismal corporate reports and news that the government w...READ MORE