Stocks move higher on home building, low inflation
The stock market is moving higher in midday trading after the government reported gains in home construction and low inflation.
The stock market is moving higher in midday trading after the government reported gains in home construction and low inflation.
Starbucks has a new way to wake up its customers: showing the calories in its drinks.
U.S. home construction has risen steadily in the past year, fueled by more buyers and a scarcity of houses for sale.
CHRYSLER CAVES: Chrysler reversed course and agreed to recall 2.7 million Jeeps Tuesday. The company insists the vehicles are safe, and initially denied the government's request to recall them. But it says it realizes customers are worried.
United Airlines is making it a little harder to get a higher frequent-flier status.
Starbucks wants coffee fans to think of it as a spot to grab lunch or late afternoon bite - not just a place to get a cup of morning joe.
U.S. consumer prices rose slightly last month, as higher energy costs partly offset cheaper food. The small increase is further evidence that consumers are benefiting from mild inflation.
Chrysler is expected to file papers Tuesday explaining its refusal to recall 2.7 million older Jeep SUVs.
Japan's trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion) as rising costs for imports due to the cheaper yen matched a rebound in exports, the Ministry of Finance reported Wednesday.
Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep long-term interest rates at record lows.
Duke Energy Corp., the nation's largest electric utility, named Chief Financial Officer Lynn Good to replace Jim Rogers next month as CEO.
U.S. stock futures rose for the second time in as many days as the Federal Reserve opens its two-day policy meeting in Washington.
Sprint is suing to stop Dish Network's buyout of wireless data network operator Clearwire. The nation's third-largest cellphone carrier said the proposed deal violates the rights of Sprint and other Clearwire shareholders.
Taco Bell plans to test a "Power Protein" menu that it's hoping will eventually be hit with its core audience - young men.
Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills falling to the lowest point since early 2012.
Stocks are rising in midday trading as traders expect the Federal Reserve to continue its stimulus of the U.S. economy when it meets this week.
One of Smithfield Foods Inc.'s largest shareholders says a $4.72 billion takeover bid from China's largest meat producer falls short of what the company would be worth if sold off piece by piece.
U.S. stocks moved higher Tuesday, boosted by reports about increased home building and low inflation. But the real emphasis was on the Federal Reserve, which on Wednesday should reveal more about how long it expects to keep in place its programs meant to support the economy.
Is the era of ultra-low interest rates nearing an end?
For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming months.