Housing starts fell less than expected in July as builders broke ground on new multifamily units likely to meet demand for rental apartments, while permits for future construction dropped.
The euro slipped further on Tuesday and European stock futures fell after data showed Germany's economy hardly grew in the second quarter, adding to global uncertainties ahead of French-German talks on the euro zone's worsening debt crisis.
As searchers scoured the Niagara Falls Basin for the body of a 19-year-old female student who was swept over the falls on Sunday, they found the body of an unidentified man instead.
If history is any guide, another oil-induced recession may be just around the corner, at least for the United States and some of the other developed economies.
If history is any guide, another oil-induced recession may be just around the corner, at least for the United States and some of the other developed economies.
A teenager has died at a hospital four days after suffering head injuries in a fall at Yosemite National Park, in a deadly year for visitors to the California nature reserve, authorities said on Thursday.
Shares in L&T Finance Holdings fell as much as 5.2 percent on their trading debut on Friday, casting a shadow over the prospects of new share sales in a sluggish stock market.
Mortgage rates have fallen to a nine-month low, sending refinancing applications on the rise.
World stocks and the euro fell back Thursday, prompting a rush to safe-haven government bonds as concerns resurfaced about the euro zone banking system and signs of funding stress.
New U.S. claims for unemployment benefits dropped to a four-month low last week, government data showed on Thursday, a rare dose of good news for an economy that has been battered by a credit rating downgrade and falling share prices.
Tech stocks didn't fall as sharply as the overall market.
World shares regained some ground Wednesday after investors were comforted by the Fed's pledge to keep interest rates near zero for two more years. Despite this, losses on Wall Street ran rampant.
Toshiba Corp, the world's No.2 maker of flash memory, on Wednesday warned that profits in its chip business could fall short of expectations, citing weak PC sales, faltering U.S. and European economies and a higher yen.
Stock index futures fell on Wednesday after a sharp snap-back rally in the last session and as investor fears about the economy and high levels of public debt looked set to generate more volatile trading.
World stocks fell for a 10th session running on Tuesday, racking up a bear market 20 percent loss since early May, but potential gains on Wall Street looked set to break the chain.
The International Space Station will be operational until 2020s as NASA, Roscosmos, and partners in Japan, Europe, and Canada have reached consensus regarding the matter. "The international partners have been discussing extending the mission through 2028. At this point, there's no reason we wouldn't do that, said NASA spokesperson Joshua Buck.
Bank of America Corp (BAC.N) shares fell as much as 9.5 percent to their lowest level since April 2009 on Monday morning over fears of a slowing U.S. economy and challenges to a multi-billion dollar mortgage settlement.
U.S. assets fell sharply in early electronic trading on Sunday in response to a downgrade of the U.S. credit rating by Standard & Poor's, while the euro rose on expectations of further bond purchases by the European Central Bank to deal with the euro zone's debt crisis.
Asian shares fell on Monday and the dollar languished near a record low against the Swiss franc, as investors took fright at a downgrade of the U.S. credit rating, while gold powered to another record just short of $1,690 an ounce.
Tel Aviv shares closed nearly 7 percent lower on Sunday in the first response of a developed market to Standard & Poor's downgrade of the United States' credit rating that has sparked fears of another global recession.
Gold jumped more than 1 percent and metals market plunged on Friday as investors sought safe havens and fled riskier assets on worries over slowing global economic growth.
Stock index futures pointed to a lower open on Wall Street on Friday, adding to the two-week slump as investors continued to sell, spooked by the prospect of another recession.
