Local News
2020 results total, viewing 1951 - 1960
Confidence among U.S. consumers soared in July to the highest level in almost seven years as Americans grew more upbeat about the labor market and the outlook for the economy. more
The homeownership rate in the U.S. fell to a 19-year low as rising prices and tight credit kept many first-time buyers out of the property market. more
Fewer Americans filed applications for unemployment benefits last week, sending the average over the past month to an eight-year low, a sign the labor market continues to gain momentum. more
U.S. stocks fell, after the Standard & Poor’s 500 reached a record on July 24, as home sales declined and investors watched overseas crises before this week’s Federal Reserve policy decision. more
Fewer Americans than forecast signed contracts to buy previously owned homes in June, a sign residential real estate is struggling to strengthen. more
Providence Equity Partners Inc. is considering acquiring a stake in Canadian wireless provider Wind Mobile, people with knowledge of the matter said, as Canada continues its effort to create a fourth national carrier. more
U.S. stocks joined a global selloff, sending the Standard & Poor’s 500 Index toward its first monthly drop since January, as Exxon Mobil Corp. to Micron Technology Inc. tumbled amid weaker corporate results. more
Treasuries fell with U.S. stocks, while the dollar headed for its best week this year after data showing retail sales rose bolstered the case for the Federal Reserve to raise interest rates. more
Lego A/S expanded revenue in the first half, bridging the gap with toy industry market leader Mattel Inc. as consumers flocked to pick up play sets from box office hit “The Lego Movie.” more
Harvard University received a record donation of $350 million for its public health school from the family foundation of real estate developers Gerald and Ronnie Chan of Hong Kong-based Hang Lung Group Ltd. more
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