CNBC's Diana Olick reports on Phoenix's struggling housing market.» Read More
DETROIT, April 3- General Motors Co again boosted discounts on its full-size Chevrolet Silverado pickups after being outsold in March by Chrysler's Ram 1500.. On its website, Courtesy Chevrolet of Phoenix on Thursday was advertising a 2014 Silverado 2500 HD Crew Cab for $44,669, a $10,066 discount off the sticker price.
NEW YORK, March 17- Swings in the foreign exchange market cost U.S.-based multinational corporations nearly $6 billion in revenue in the fourth quarter, according to a report by currency risk management consulting firm FiREapps on Monday.
March 14- An experimental Amgen Inc cancer vaccine used to treat advanced melanoma, the deadliest form of skin cancer, proved effective in a late-stage study in shrinking tumors in a way that suggests the drug triggered the intended systemic immune response, according to data presented on Friday.
TORONTO, March 2- One of the most closely watched uranium deposits not owned by a major miner, Fission Uranium Corp's Patterson Lake South project, is attracting attention from potential buyers, but Fission's CEO hopes to buy time.
Ruble recovers losses as Ukraine news turns more positive. The yen and the Swiss franc rose on jitters over the possibility of Russian intervention in Ukraine, adding to concerns about emerging markets and driving capital into the world's traditional safe-haven currencies.
By 2018, the median price of single-family homes will be close to the peak reached in 2006 before the national market cratered, according to the study from the Demand Institute, a nonprofit think tank operated by The Conference Board and Nielsen.
The National Association of Home Builders said on Tuesday that builder confidence dropped 10 points between January and February, from 56 to 46, the largest drop since the survey began in 1985. Readings below 50 mean more builders view market conditions as poor than favorable.
*Panel votes 7-2 against drug's use during a heart procedure. Feb 12- An independent advisory panel to the U.S. Food and Drug Administration said a blood clot preventer developed by The Medicines Co should not be approved due to a lack of data to prove its efficacy. Medicines Co shares fell 12 percent to $29.05 in post-market trading.
Dallas, Seattle and other cities are connecting their airports to downtown by rail in hopes of easing headaches and attracting more business.
Feb 10- U.S. Food and Drug Administration reviewers are divided on whether an intravenous blood clot preventer developed by The Medicines Co should be approved, news that sent the company's stock down more than 7 percent on Monday.
Who would have thought that five of Zillow's top 10 healthiest housing markets would be in this state?
Gene Urban, The Urban Team at Realty Executives, weighs in on 3 listings in the Phoenix, Arizona area where the average sales price is about $215,000 in the city.
Sales of existing home sales nationally fell 3.2 percent in October, but in the West they were down 7 percent.
Greg Stanton, Mayor of Phoenix describes what kind of investment he hopes to attract in Phoenix.
Along with college, the cost of housing is rising fast. Home prices are up over 12 percent from a year ago, and even rising mortgage rates do not appear to be slowing the gains.
Finished lot prices are up an average of 40% nationwide, and in the hottest markets they've nearly doubled. USA Today reports.
Home prices are up 35 percent in Phoenix from where they were in September of 2011, and President Obama is sharing his proposal to dismantle Fannie Mae and Freddie Mac, with CNBC's Diana Olick. Shaun Donovan, Housing and Urban Development secretary; and Jaret Seiberg, Guggenheim Partners, discuss the impact to home ownership.
Housing data released Tuesday was mixed, prompting economist Robert Shiller to call the housing recovery positive in the short-term, but not without many headwinds.
Median-income families in only one major U.S. city actually can afford to buy a new car, a new study finds.
McDonald's popular $1 McDouble cheeseburger, which has lured customers to the Golden Arches since 2008, is getting hard to sustain as rising beef prices threaten the company's profit margin.