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  • NEW YORK, Jan 27- U.S. single-family home price appreciation slowed to its weakest level more than two years in November as lean inventories and tight lending standards limited housing market activity, according to a closely watched survey released on Tuesday. "With the spring home buying season, and spring training, still a month or two away, the housing recovery...

  • US home price gains slow in November on weaker sales Tuesday, 27 Jan 2015 | 9:04 AM ET

    WASHINGTON— U.S. home prices rose at a modest pace in November, held back by weaker sales and a limited number of houses for sale. The Standard& Poor's/Case-Shiller 20- city home price index, released Tuesday, increased 4.3 percent in November from 12 months earlier. Lower mortgage rates, healthy hiring, and lower down payment requirements from mortgage giants...

  • TransDigm misses Street 1Q forecasts Tuesday, 27 Jan 2015 | 8:12 AM ET

    CLEVELAND _ TransDigm Group Inc. on Tuesday reported fiscal first-quarter earnings of $95.5 million. TransDigm expects full-year earnings in the range of $8.03 to $8.29 per share, with revenue in the range of $2.5 million to $2.6 million. TransDigm shares have increased 6 percent since the beginning of the year.

  • Parker-Hannifin tops 2Q profit forecasts Tuesday, 27 Jan 2015 | 7:42 AM ET

    CLEVELAND _ Parker-Hannifin Corp. on Tuesday reported fiscal second-quarter net income of $267.3 million. Parker-Hannifin expects full-year earnings in the range of $7.90 to $8.30 per share. Parker-Hannifin shares have decreased nearly 5 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.

  • KeyCorp tops Street 4Q forecasts Thursday, 22 Jan 2015 | 6:48 AM ET

    CLEVELAND _ KeyCorp on Thursday reported fourth-quarter net income of $248 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. KeyCorp shares have decreased 11 percent since the beginning of the year, while the Standard& Poor's 500 index has declined slightly more than 1 percent.

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • CLEVELAND— Law enforcement officials say a northeast Ohio man has been indicted in a Ponzi scheme to defraud 19 investors out of several million dollars. Attorney Steven Dettelbach in Cleveland said Wednesday that 36- year-old Geoffrey Nehrenz of Uniontown faces charges that include wire fraud and money laundering. Authorities say between October 2009...

  • Dec 17- U.S. stocks are expected to climb in 2015 as concerns about the prospect of a Federal Reserve interest-rate hike are being offset by hopes for strong consumer spending as oil prices fall, according to a Reuters poll. That would represent a near 12 percent rise for 2015 from a Dec. 16 close of 1,972.74. "The market's ability to withstand higher rates is the big...

  • NEW YORK, Dec 16- Former Beatles drummer Ringo Starr, the late rocker Lou Reed, punk group Green Day and singer Bill Withers are among the 2015 inductees named on Tuesday to the Rock and Roll Hall of Fame. The Paul Butterfield Blues Band, rockers Joan Jett& The Blackhearts, rhythm and blues band the "5" Royales and the late blues guitarist Stevie Ray Vaughan and Double...

  • BRUSSELS, Dec 14- The U.S. The Fed, which meets on Tuesday and Wednesday, first inserted that wording in its post-meeting statements in December 2012, promising then to maintain its highly accommodative monetary stance for a considerable time after its asset purchase program ends and the economic recovery strengthens. Since October, the more hawkish Dallas Fed...

  • NEW YORK, Dec 9- East Cleveland will wait until after the first quarter of 2015 to decide whether to seek bankruptcy protection, the city's finance director said on Tuesday, noting such a filing is only one of several options under consideration. The assessment was less dire than comments last month by Ohio's state auditor, Dave Yost, who said the small suburb of its...

  • NEW YORK, Dec 9- Fund managers are stampeding into shares of U.S. long-haul trucking company Swift Transportation Co as oil prices touch five-year lows, but some analysts say a shortage of drivers may slam the brakes on the rally. Portfolio managers from Goldman Sachs, Fidelity, and Federated Investors were among the 65 funds that added Swift shares to their...

  • Obamacare not going away: Cleveland Clinic CEO  Tuesday, 9 Dec 2014 | 7:38 AM ET

    CNBC's Scott Cohn, and Toby Cosgrove, Cleveland Clinic CEO, discuss the future of the Affordable Care Act.

  • Health care helps Cleveland's ailing economy  Tuesday, 9 Dec 2014 | 7:33 AM ET

    CNBC's Scott Cohn, and Toby Cosgrove, Cleveland Clinic CEO, discuss how the health care community has contributed to the economic turnaround in Cleveland.

  • Dec 3- Cliffs Natural Resources Inc said it expects to record a pretax loss of $375 million to $425 million on the sale of its Logan County coal assets in West Virginia in the fourth quarter. The miner said on Wednesday it would sell the assets to Coronado Coal II LLC for $175 million in cash along with the assumption of certain liabilities. Deutsche Bank Securities...

  • *Q3 GDP reading seen supporting market going forward. NEW YORK, Nov 25- U.S. stocks were little changed on Tuesday, with major indexes hovering at record levels after a pair of economic datapoints painted a mixed picture of the market fundamentals. The Commerce Department raised its estimate of third-quarter gross domestic product to a 3.9 percent annual pace...

  • *Apple market cap tops $700 bln. NEW YORK, Nov 25- U.S. stocks edged lower on Tuesday, with major indexes retreating slightly from record levels after a reading of consumer confidence unexpectedly fell to its weakest level since June. Wall Street had opened higher, boosted by strong data on economic growth, though sharp gains were difficult to come by in a quiet week...

  • NEW YORK, Nov 25- U.S. stocks edged higher on Tuesday following a reading on economic growth that was much stronger than expected, but sharper gains were difficult to come by in a quiet week with major indexes at records. The Commerce Department raised its estimate of third-quarter gross domestic product to a 3.9 percent annual pace from the 3.5 percent rate...

  • NEW YORK, Nov 21- Middleby Corp, maker of high-end kitchen appliances for both professional and home cooks, has become a new favorite of fund managers as it benefits from changing American dining habits. That push away from Big Macs has spurred Middleby's revenue growth, which hit 14 percent in its current fiscal year, and prompted 81 mutual funds, including those...

  • Fed's Mester's 3 Fed suggestions  Thursday, 20 Nov 2014 | 3:02 PM ET

    Steve Liesman sits down for a web-exclusive interview with Cleveland Fed President Loretta Mester, to discuss the Fed's economic projections.