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.
Israel-based Bank Leumi agreed to pay $400 million to U.S. and New York authorities on Monday and admitted to conspiring to help U.S.
MOSCOW (Reuters) - The Russian economy will slide next year into its first recession since the global financial crisis and inflation will be close to double digits, economists forecast in a Reuters poll, as the oil price crash and Western sanctions bite.
Just in time for the holidays, gasoline prices have now fallen a record 88 straight days and have plummeted to levels not seen since 2009, AAA says.