June US Existing-Home Sales Dip
However, the National Association of Realtors says, despite June's results, home prices continue to advance at double-digit rates.
Glaxo Says Execs May Have Broken Chinese Law
Pharmaceutical giant admits that high-level employees in China "appear to have acted outside of our processes and controls."
SEC Sues Steven Cohen For Failing To Supervise Insider Traders
Cohen "received highly suspicious information that should have caused any reasonable hedge fund manager to investigate," the SEC said.
FIFA Announces Brazil World Cup Ticket Price Range
FIFA says about 3 million tickets will be available for domestic and international fans during three sales phases that start Aug. 20.
Russian Anti-Corruption Activist Alexei Navalny Freed Pending Appeal
A judge's decision comes after thousands protested in Moscow's streets and just ahead of a meeting of G-20 finance ministers.
US Stock Markets Hit Record Intra-Day High
Positive economic reports and upbeat corporate earnings sparked a rally, as the central bank's chairman spoke in Washington.
Moody's Cuts Chicago's Debt Rating To A3
Chicago's $36B retirement-fund deficit and its $7.7B in general-obligation bonds forced a cut to an A3 rating/negative outlook.
US Jobless Claims Plunge To 334,000
However, the Labor Department cautions that July's jobless data can be volatile, due to seasonal auto retooling and school shutdowns.
Emerging Market Air Travel Grows: Report
Despite an overall slowdown, travel to emerging markets is contributing the most to the air travel growth rate.
China: 591 Million People Online
Among China's 1.35 billion people, approximately 591 million are Internet users, 464 million of whom are mobile Internet users.
Judge Gives Green Light For DOJ Suit Vs. S&P
A federal judge ruled the Justice Department has made a sufficient case to support its claim that S&P inflated ratings.
Salaries To Rise Just Slightly In 2014: Mercer Study
Despite a strengthening economy, base salaries are only expected to rise by 2.9 percent in 2014, just modestly better than 2013's 2.8 percent.
South Korea's POSCO Drops $5.3B India Steel Project
The world's fifth-largest steel company cites mining rights delays but will continue its $12 billion project elsewhere in India.
June US Consumer Prices Jump 0.5%
However, the core rate, which excludes food and energy, rose just 0.2% - or well within the Federal Reserve's 'comfort zone' for inflation.
Look, Up In The Sky, It's A Blatant Political Message With A Cape
I don't want to be like one of the bullies in "Man of Steel," but I have a bone to pick with this work of fiction, mainly because it incorporates so many real and relevant issues ripped from the headlines. You've had a few weeks to see the film, so please pardon any spoilers.
Maybe you've heard by now that the filmmakers updated the Superman story for modern times, not only by retiring his trademark red underwear and making sure we recognize familiar items during opportune moments of product placement ($160 million worth), but also by offering two bits of very contemporary political commentary -- one so subtle you'll need X-ray vision, the other more powerful than a locomotive.
Homeland Security Chief To Become California University System Head
Janet Napolitano will be the university system's first female president in its 145-year history, replacing Mark G. Yudof.
Twitter To Identify Hate-Speech Tweeters To French Authorities
The social networking service will provide French prosecutors with data including geo-coordinates where alleged hate speech was posted.
DJIA And S&P Close At All-Time Highs On Fed's Upbeat Tone
Federal Reserve Chairman Ben Bernanke hinted that the central bank's current quantitative easing policy will not end anytime soon.
Why Did The Pentagon Spend $34M On Unused Afghanistan Base?
The Inspector in Afghanistan is "concerned": The U.S. DOD built a surge base long after the surge, and it remains unused, unoccupied and unwanted.
US Temp Hiring To Outpace Perm Hiring For Rest Of Year
Employers say temp hiring will increase 10 percentage points above last year's level while permanent hiring will remain stagnant.