Business » Finance

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Fearful of Being Left Out to Dry, Bond Funds Hold More Cash

By Stan Choe | Aug 5
Imagine the bond market as a crowded swimming pool, except it's one where the water level drops whenever someone tries to leave. By the time you attempt to get out, you're stuck at the bottom, unable to exit because the ladder is 10 feet above your head.

US Consumer Spending Edges Up in June

By Martin Crutsinger | Aug 4
Consumer spending in June rose by the smallest amount in four months as shoppers cut back on purchases of cars and other big-ticket items.

Can US Housing Industry's Comeback Endure? The Outlook Dims

By Josh Boak | Jul 31
The U.S. housing market has sizzled this summer, lifting expectations that home sales will finally help drive an economic expansion now in its seventh year. Or will it?

Strong Home Sales, Limited Supply Lift US Home Prices in May

By Christopher S. Rugaber | Jul 30
U.S. home prices rose steadily in May, pushed higher by a healthy increase in sales this year.

Aging in America, Part Five :: California - A Case in Point

By William E. Kelly | Jul 25
Received wisdom is that California is a bellwether for the rest of the nation. What does that mean when it comes to the economic and political ramifications of our aging population?

Average US Rate on 30-Year Mortgage Falls to 4.04 Percent

Jul 24
Average long-term U.S. mortgage rates fell this week, retreating from highs for the year and amplifying the incentive for prospective home buyers.

Apartment Construction Drives US Homebuilding Surge in June

By Josh Boak | Jul 21
U.S. builders broke ground on apartment complexes last month at the fastest pace in nearly 28 years, as developers anticipate that recent jobs gains will launch a wave of renters

Taking Stock of China's Crash: How US Investors are Affected

By Stan Choe | Jul 20
It's tempting to think of China's stock market crash this summer as just a faraway problem. It's not. If you have a 401(k) or IRA, odds are good that you have at least a sliver of your savings in Chinese companies.

Average US Rate on 30-Year Mortgage Rises to 4.09 Percent

Jul 19
Average long-term U.S. mortgage rates rose this week, reaching highs for the year as investor anxiety over economic turbulence abroad moderated.

Google Shareholders Revel at Biggest Windfall in US History

By Michael Liedtke, Marley Jay | Jul 18
Google's stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company for promising to curb its spending on risky projects.

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