WASHINGTON�New-home sales fell in June and May's reading was revised significantly lower, signs that the U.S. housing recovery is failing to build momentum heading into the second half of the year.
NEW YORK (TheStreet) �� Facebook (FB) shares shot up 7.3% to $76.45 after the company reported strong second-quarter earnings.
WASHINGTON�New applications for unemployment benefits plunged last week, reaching an 8�-year low and offering the latest signs of strength in the labor market.
Photo. The New York offices of London-based bank Barclays.Credit Richard Drew/Associated Press. Related Links. Documents: Reports on Barclays.
WASHINGTON�Weaker growth in the U.S., China and several important emerging markets forced the International Monetary Fund to downgrade its forecast for the global economy Thursday.