Headline Articles

Crude Hits 2-week Low on China Output

West Texas Intermediate crude slid from a two-week high after industrial production slowed in China, the world's second- biggest oil-consuming country.


Mortgage Activity Up Despite Rising Interest Rates

U.S. mortgage application activity increased last week despite rising interest rates, the Mortgage Bankers Association said Wednesday.


Small-business Confidence Edged up in May

U.S. small business confidence edged up for the second month in May and hit a one-year high as the outlook of economy and future sales improves.


Confidence Gives Way to Uncertainty on Wall Street

U.S. markets dropped Tuesday as confidence gives way to uncertainty on Wall Street, based on anxiety about how long the Federal Reserve will continue with an $85 billion per month asset purchasing program.


Hispanics Still Face Discrimination in Home Buying, Study Finds

Hispanic homebuyers have made strides in their access to housing but Asian- and African-American buyers looking to purchase a home still are told about or shown far fewer homes than equally qualified white consumers, a new national study has determined.


Wholesale Sales and Inventories up in April

U.S. wholesale inventories bobbled up by 0.2 percent in April to $504.8 billion, while sales were up 0.5 percent at $416.6 billion, the Commerce Department said Tuesday.


Volatile Markets Looking for Signs From Central Bank

Stocks have become increasingly volatile in recent weeks, moving sharply higher or lower -- and then abruptly reversing -- at the slightest hint a central bank may tighten the spigot of easy money into the world's economies.


Markets React Positively to Job Growth

After a week of concerns about the future orientation of monetary policy, markets reacted positively to the Labor Department's figures for job creation during the past year.


Hiring Intentions Up in U.S., Weak in Rest of World

Hiring intentions in the U.S. are holding up for the third quarter but remain problematic around the world, according to a survey of hiring managers.


Businesses Rush to Retain Talent as Economy Improves

As the economy improves, companies are having to confront something they haven't had to think about in a while: how to keep valuable talent from going elsewhere in a rising economy.


Automotive Industry Revved up for Hiring Spree

The auto industry is about to go on a hiring spree as automakers and suppliers look for engineers, technicians and factory workers to build the next generation of cars and trucks.


Japan Central Bank Raises Economic Outlook

The Bank of Japan on Tuesday upgraded its assessment of the Japanese economy for the sixth consecutive month as it saw a boost in exports and industrial output.


Obama Names Furman as Top Economic Advisor

President Obama named long-time economic advisor Jason Furman to serve as chairman of his Council of Economic Advisers on Monday, replacing Alan Krueger.


Weak Yen Boosts Japanese Markets

Japanese shares surged Monday as exporters were bolstered by the yen's fall and as investors picked up cheaper stocks after recent losses.


Mixed Markets on Monday

Standard & Poor's upgraded the U.S. rating outlook from negative to stable on Monday, but markets shrugged. The Nasdaq rose 0.13 percent, the Dow was down 0.06 percent and the S&P was down 0.03 percent.


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