Sales of existing homes declined 1.8 percent in August to an annualized rate of 5.05 million, the first fall in five months, the National Association of Realtors said Monday.
FRANKFURT, Germany - The European Central Bank will actively manage its balance sheet and is able to implement more stimulus if required to stave off the threat of deflation in the euro area, ECB President Mario Draghi said Monday.
Tesla Motors Inc. (TSLA:US) fell to the lowest level in almost seven weeks after a JPMorgan Chase & Co. analyst projected a share price of less than $200, suggesting fewer vehicle sales than are implied by battery-factory plans.
UPS (UPS) announced plans Monday to bring in-store 3-D-printing services to nearly 100 stores across the country, billing itself as the first national retailer to do so.
Mortgage lending fell in 2013 from the year before primarily due to rising interest rates that made buying a house more expensive, according to data released Monday by a group of banking regulators.