WASHINGTON — A survey shows U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006.
Core Logic, a real estate data provider, said Tuesday that annual home prices have now increased for 13 straight months. Prices are rising in part because more buyers are bidding on a limited supply of …
WASHINGTON — Attention online shoppers: The days of tax-free shopping on the Internet may soon end for many of you.
The Senate is scheduled to vote Monday on a bill that would empower states to collect sales taxes for purchases made over the Internet. The measure is expected to pass because it has already survived three procedural …
MUMBAI, India — Global clothing brands involved in Bangladesh‘s troubled garment industry responded in starkly different ways to the building collapse that killed more than 600 people. Some quickly acknowledged their links to the tragedy and promised compensation. Others denied they authorized work at factories in the building even …
BRUSSELS — Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemployment at record levels, the European Union warned Friday.
In its spring economic forecast, the EU said that gross domestic product in the 17 member countries that use the euro will …
(WASHINGTON) — U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than the government first estimated. The job increases helped reduce the unemployment rate from 7.6 percent to a …
(LONDON) — An interest rate cut from the European Central Bank and hints it may take further measures failed to give European markets a lift Thursday amid ongoing worries about the state of the eurozone economy. U.S. stocks recovered their poise in the run-up to monthly payrolls data Friday.
The euro was a big loser Thursday after …
The number of Americans seeking unemployment aid fell last week to seasonally adjusted 324,000, the lowest since January 2008. The drop points to fewer layoffs and possibly more hiring
The European Central Bank has cut its benchmark interest rate to a new record low to stimulate the lagging economy in the 17 countries that use the euro
(WASHINGTON) — A private survey shows U.S. companies added just 119,000 jobs in April, the fewest in seven months.
(WASHINGTON) — The Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy.
The Fed will likely end a two-day meeting with a statement noting that job growth …
WASHINGTON — U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of buyers who bid on a limited supply of homes.
The Standard & Poor’s/Case-Shiller 20-city home price index increased from an 8.1 percent year-over-year gain in January. …
WASHINGTON — A combination of scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep borrowing costs at record lows indefinitely.
The Fed has said it plans to keep its key short-term interest rate near zero at least until the unemployment rate dips below …
