The culprit in the slowdown is affordability, with median new-home prices up by over 11% year-over-year and 30-year mortgage rates a full percentage point higher than in March ..
Hewlett-Packard CEO Meg Whitman defended the tech giant's job cuts of up to 16,000 workers, saying the company seeks to be more efficient. ..
Amazon is feuding with book publisher Hachette over a future sales agreement. But despite what publishers say, it's Amazon that's fighting on the side of book lovers ..
Shares of Aeropostale are getting destroyed this morning after reporting a 13% decline in comp store sales and a net loss of of 76.8 million. ..
Russian President Vladimir Putin has outlined his plans for a new Eurasian union, as he slammed Western powers over sanctions. ..
Sen. Sherrod Brown, a Democrat from Ohio, and Goldman Sachs Group Inc. President Gary Cohn, who's from Cleveland, are friendly enough that Brown has been known to rib Coh ..
China's economy still faces "relatively big" downward pressures and timely policy fine-tuning is needed, Premier Li Keqiang was quoted by state radio as saying ..
From workers in Congress and at the White House to active duty troops, more than 318,000 federal employees and retirees owe just over $3.3 billion in back taxes, the Internal ..
Despite global markets seemingly taking the Federal Reserve's tapering in stride, a new concern could be on the horizon. ..
Russia and China have agreed on a $25 billion prepayment under a supply deal signed earlier this week, Alexander Medvedev, chief executive of Gazprom Export, said on Friday. & ..