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US existing home sales rise at fastest pace in 10 months

 

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US jobless claims fall

New claims for US unemployment insurance benefits fell more than expected last week, another sign of tightening in the jobs market, official data released Thursday showed. Initial jobless claims fell to...

Applications for US unemployment aid fall to 298,000

WASHINGTON (AP) — Fewer people applied for U. S. unemployment benefits last week, another sign the job market is improving. The Labor Department says...

French business activity stagnant in August - PMI

French business activity was stagnant in August, a survey showed on Thursday, as an improvement in the services sector could not fully offset the worst...

Sears posts loss for ninth straight quarter

Sears Holdings Corp <SHLD. O>, owner of Sears department stores and Kmart discount chain, reported its ninth straight quarterly loss as sales...

China economy fears deepen as sector slows to three-month low

Growth in China's vast factory sector slowed to a three‑month low in August as output and...

Countrywide's Mozilo said to face US suit over mortgages

Countrywide Financial Corp. co- founder Angelo Mozilo hasn’t escaped the wrath of prosecutors for his company’s role in inflating the U. S...

Russia economic funk ripples out through ex-Soviet states

LONDON/ALMATY (Reuters) - Farangees Islomova is worried. Her husband, who labours on a construction site in Moscow's Schelkovo suburb, usually sends...

Fed officials say job gains may bring faster rate increase

Federal Reserve officials raised the possibility they might raise rates sooner than anticipated, as they neared agreement on an exit strategy, according to...

Hollande unveils measures to pep up stagnant French economy

President Francois Hollande on Wednesday vowed to go "faster and further" with reforms as he seeks to bolster France's economy that has...