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Mortgage Applications Tumble Again
Applications for home mortgages dropped last week for a second-straight week, the Mortgage Bankers Association says.
Categories: US News
US Autos Cut Back on Summer Downtime
The Detroit automakers are largely forgoing the traditional two-week summer break and speeding up production to meet buyers' growing demand.
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Merck Inks $5 Billion Deal With Goldman
Merck said it has entered into a $5 billion share repurchase agreement with Goldman Sachs.
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Killer Tornado: Scenes From Oklahoma
Monster. That's what they're calling the tornado that barreled through Oklahoma. Here are heartbreaking scenes.
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Sterling Slides on Data, IMF Warns UK Over Growth
Sterling tumbled following minutes released by the Bank of England and disappointing retail sales, as the IMF warned the U.K. is at risk of "permanent damage."
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Lowe's Earnings Fall Short of Estimates
Lowe's reported earnings that missed analysts' expectations on Wednesday, sending shares lower in pre-market trading.
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Duracell Breaks New Ground in Wireless Charging
Duracell is making a push in wireless charging, working with partners to try and do for public gadget power what Intel did for public WiFi.
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Bank of Japan Eases Bond Market Concerns
The Bank of Japan ended a two-day meeting on Wednesday with a decision to leave monetary policy unchanged and a promise to monitor volatile bond markets.
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Probe Puts Spotlight on Oil Firms' Trading Desks
Europe's energy price manipulation probe turned to trading units at oil companies with risk appetite higher than at Wall Street's biggest banks.
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Two Global Companies Just Moved for Tax Reasons
Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move to lighten their tax burden.
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The Biggest Carry Trades
We've identified some of the biggest carry trades based on either the interest rate differential or their popularity.
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This Bonus Cap May Put Pressure on US Banks
As EU regulators mull introducing the world's strictest bonus cap, the president of the European parliament said the plan could put pressure on the U.S. to follow suit.
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Hedge Funds Ditch News Corp. for Boeing
The world's Top 50 hedge funds have added more to Boeing than any other stock, according to research firm FactSet.
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Property Drives Wealth of China’s Rich Women
Property is the main source of wealth for China's wealthiest women, a survey by Wealth-X shows.
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Tax Evasion Dangerous for Europe: Schulz
Martin Schulz has warned that revelations of tax evasion by major companies were leading to a loss of trust among the European public.
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'Junk' Stocks Power Bull Run
The best performing U.S. stocks in the current quarter are those that lagged the market from January to March, the FT reports.
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Spanish Opera Protests Austerity
Austerity operas are the new high-art in Spain.
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Oklahoma: Where the Relief Will Come From
Rebuilding Moore, Oklahoma will take billions of dollars in federal and state aid, insurance claims and charitable donations, the CSM reports.
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Teens Shun Facebook 'Drama'
Teen use of Twitter has grown significantly, a new report shows, as Facebook loses market share. Here's why.
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EU Casts Wider Net for Bank Bonuses
EU regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year.
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