U.S. home resales fell sharply in November to their lowest level in nearly a year, hurt by a rise in interest rates since the spring and ongoing price increases that have shut some home buyers out of the market.
Facebook said Thursday that it is selling an additional 70 million shares of its Class A common stock in a secondary offering that may be worth around $4 billion.
U.S. stocks edged lower one day after the Federal Reserve's pledge to keep its easy-money support in place for the long haul spurred a global rally.
WASHINGTON (Reuters) - Home resales hit a near one-year low in November and new filings for unemployment benefits unexpectedly rose last week, putting a wrinkle in an otherwise brightening economic picture.
Hedge fund recruiters say they expect the pace of departures from SAC to quicken after the Marilynn K. Yee/The New York Times Hedge fund recruiters say they expect the pace of departures from SAC to quicken after the firm pays out year-end bonuses.