US pending home sales increase at fastest pace since January
By Safiyah Riddle Contracts to buy previously owned homes increased in July at the fastest pace since January,
2023-08-30 22:25
Rising labor costs are making AI stocks even more attractive
About 300 million full-time jobs across the globe could be lost (or greatly diminished) due to the recent boom in artificial intelligence, Goldman Sachs estimates.
2023-08-30 20:21
Troubled Chinese homebuilder Country Garden is rushing to raise cash to avoid default
Country Garden is raising funds to avoid default, as the troubled real estate giant battles a liquidity crisis which some fear could spread to China's wider economy and even spill over abroad.
2023-08-30 14:49
UK home sales on course to fall to lowest since 2012: Zoopla
By David Milliken LONDON The number of house purchases in Britain this year is on course to drop
2023-08-30 07:23
S&P Global downgrades Rite Aid on restructuring risk
S&P Global Ratings on Tuesday downgraded Rite Aid Corp to "CCC-minus" from "CCC-plus" on increased risk from restructuring.
2023-08-30 04:49
US home prices show signs of stabilizing, reports show
By Amina Niasse NEW YORK (Reuters) -U.S. housing prices showed further signs of stabilizing in June, according to two reports
2023-08-30 03:28
Key US jobs data boost Fed's 'soft-landing' hopes
By Howard Schneider WASHINGTON Key U.S. jobs data began approaching pre-pandemic levels in July, a sign of the
2023-08-30 03:26
Furniture store Mitchell Gold + Bob Williams is shutting down
Mitchell Gold + Bob Williams, which grew from a small North Carolina-based upholstery maker to a national retail furniture chain, is shuttering operations, citing weak sales and trouble securing financing. It's the latest retailer hurting from sluggish sales as consumers pull back on spending.
2023-08-30 01:52
Blood thinners, diabetes meds among first 10 drugs for US price negotiations
By Patrick Wingrove and Michael Erman (Reuters) -The Biden administration on Tuesday released its list of 10 prescription medicines that
2023-08-30 00:54
U.S. FAA updates airworthiness directive on Boeing 777s
WASHINGTON (Reuters) -U.S. aviation regulators have issued an updated directive regarding a cracking issue with all of Boeing's 777 model
2023-08-29 23:57
Burger King must face lawsuit claiming its Whoppers are too small
By Jonathan Stempel A U.S. judge has rejected Burger King's bid to dismiss a lawsuit claiming that it
2023-08-29 22:46
US job openings fall below 9 million for the first time since March 2021
The number of available jobs in the United States shrank for the third consecutive month, dropping below 9 million for the first time since early 2021, according to the latest data released Tuesday by the Bureau of Labor Statistics.
2023-08-29 22:18