Sales of previously owned U.S. homes slumped in November from a one-year high, underscoring the uneven nature of the current recovery in residential real estate that's been one of its defining characteristics.
The S&P 500 has brought its tally of record closing highs this year to 50, making it the fourth-highest annual tally since the 1920s.
As part of a settlement reached on Monday with the U.S. Department of Justice, Bank Leumi Group will pay $270 million in fines. It's the first time an Israeli bank has admitted to this type of criminal activity.
Photo. A Trust Bank branch in Moscow, with an ad for the bank featuring Bruce Willis. Credit Sergei Karpukhin/Reuters. Email; Share; Tweet; Save; More.
NEW YORK - American Apparel Inc., the retail chain that ousted its controversial founder last week, said a buyer has expressed interest in acquiring the company for as much as $1.40 a share, confirming reports that have driven up the stock.