Fewer Americans applied for unemployment benefits last week, and consumer confidence approached a five-year high as the biggest part of the economy benefits from improving job and housing markets.
McDonald's Corp. Chief Executive Don Thompson, presiding over his first annual shareholders meeting since taking the helm of the fast-food chain last summer, defended the company's efforts to market to children.
Home buyers are paying more for newly built homes than they ever have, as U.S. home builders continue pushing up prices and limiting the number of properties hitting the market.
Wed May 22, 2013 10:34pm EDT. * HSBC flash PMI dips to 7-month low on weak demand. * Raises worries on growth outlook this year. * Government may tolerate a slower growth for reforms.
He responds to Chrysler's criticism over wording in a Tesla press release. Elon Musk CEO, CEO of Tesla, with a new Model S car outside the Tesla customer deliver area in Fremont, Calif.