A report Wednesday on U.S. sales of previously occupied homes in April may show the housing recovery has crossed a critical threshold.
Hewlett-Packard Co. Chief Executive Meg Whitman last fall told investors to expect a fallow 2013, but the company fared better than she predicted in its latest quarter, driving its share price up 13% in after-hours trading.
U.S. auto makers are accelerating production lines and, in some cases, even canceling the North American industry's traditional summer factory shutdowns to meet strong demand.
The U.S. House of Representatives passed legislation to approve the Keystone XL oil pipeline, the eighth time congressional Republicans have advanced a measure promoting the project.
Yields on Fannie Mae and Freddie Mac mortgage bonds that guide U.S. home-loan rates climbed to the highest in almost a year as Federal Reserve Chairman Ben S. Bernanke told Congress the central bank may cut the pace of bond purchases in the �next ...