WASHINGTON�U.S. home construction fell last month after surging to a postrecession high in July, a sign of choppy progress in the housing market.
NEW YORK (Reuters) - Shares of Rite Aid Corp (RAD.N) were falling early Thursday, in the highest volume so far on the New York Stock Exchange, after it cut its full-year profit forecast for a second time this year and lowered the top end of its sales forecast.
WSJ's Jon Hilsenrath discusses the Federal Reserve's decision to hold steady on interest rates, as the central bank foresees a rate increase by early 2015.
A European Central Bank measure designed to stimulate the flagging eurozone economy has seen a low initial take-up by banks. The cheap loans for European banks have been designed to encourage lending to business.
The number of Americans filing applications for unemployment benefits plunged last week to a two-month low, a sign the labor market continues to strengthen.