UNITED STATES

Homeownership: (Millennials) Downsizing The American Dream

The recession and housing crash have triggered a sharp decline in the share of American households who own their own home. Homeownership, which is at its lowest point in 15 years, is bound to fall even further, driven by tight credit, lackluster economic growth and more foreclosures.
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Summer BBQs More Expensive In Spite Of Stable Cost Of Living

The price of hamburgers, hot dogs and other commonly grilled items shot up dramatically in June, government data released Tuesday showed, far outpacing price increases seen for other food items and the general cost of living, which actually dipped slightly in the month.

If Intel Catches Cold, Does Tech Get Pneumonia?

Intel (Nasdaq: INTC), the No. 1 chipmaker, Tuesday reported decent second-quarter financials but spooked investors and Silicon Valley with the dreaded news: third-quarter sales will be worse than expected.
Russia Syria

U.N. Delays Syria Vote As Russia Stands Firm

Russia has already said it would to veto the resolution, which first proposed by Britain, the United States, France and Germany. China is expected to vote against the draft as well.
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HSBC's Top Anti-Fraud Official Resigning

The head of HSBC Holdings Plc's anti-money laundering programs used his opportunity to testify at a Senate hearing called to investigate risky practices at his employer, the Wall Street Journal reported Tuesday.

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