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By Jeanna Smialek and Lorraine Woellert, Bloomberg |
June 18, 2013
Builders began work on more U.S. houses in May and permits for new single-family homes rose to a five-year high as residential real estate underpins an economy that’s generating little inflation.
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By Jeanna Smialek, Bloomberg |
June 18, 2013
Beginning construction of new U.S. homes increased in May and permits to build single-family houses rose to a five-year high, extending a rebound that is helping shore up the expansion.
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By Lorraine Woellert, Bloomberg |
June 18, 2013
The cost of living in the U.S. rose less than forecast in May, restrained by the first drop in food prices in almost four years and signaling inflation remains under control.
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By Jef Feeley and Phil Milford, Bloomberg |
June 17, 2013
Google Inc., the world’s largest Internet search engine, settled a lawsuit on the brink of trial over the company’s plan for a stock split that shareholders claimed would unfairly allow the company founders to strengthen their corporate control.
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By Alan Bjerga, Bloomberg |
June 17, 2013
Tucked deep in the 1,198-page U.S. House agriculture policy legislation is an initiative to guarantee prices for sushi rice. So too is insurance for alfalfa and a marketing plan for Christmas trees.
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By Dan Levy and Heather Perlberg, Bloomberg |
June 13, 2013
Home repossessions in the U.S. jumped 11% in May after declining for the previous five months as rising prices and limited inventory for sale across the country spurred banks to complete foreclosures.
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By Michelle Jamrisko, Bloomberg |
June 13, 2013
Retail sales in the U.S. rose more than forecast in May, showing job gains and lower borrowing costs are encouraging consumers to spend.
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By Ambereen Choudhury, Gavin Finch and Liam Vaughan |
June 13, 2013
Britain should investigate currency rate manipulation, E.U. officials said, following accusations traders have rigged rates.
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By Alexis Leondis, Bloomberg |
June 11, 2013
Pacific Investment Management Co., the world’s largest active bond manager, said investors should cut risk amid a more than 60% chance of a global recession in the next three to five years.
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By Adam Satariano and Andy Fixmer, Bloomberg |
June 11, 2013
Apple Inc.’s foray into the online- radio business may not turn out to be a Pandora Media Inc. killer after all. Apple introduced iTunes Radio yesterday as part of a broad overhaul of its mobile operating system for the iPhone and iPad.
