WASHINGTON, May 13- U.S. retail sales unexpectedly rose in April as households bought automobiles, building materials and a range of other goods, pointing to underlying strength in the economy. The Commerce Department said on Monday retail sales edged up 0.1 percent after a revised 0.5 percent decline in March.
SYDNEY, May 6- Two of Australia's biggest building companies have dealt a blow to hopes that commercial and housing construction could help rebalance the faltering economy away from the overweight and slowing mining sector.
Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
Monday, 17 Jun 2013 | 8:18 PM ETBeijing is hoping that building more cities will create wealth for its people but as CNBC's Eunice Yoon reports, it's also fueling a debilitating rise in property prices.
Monday, 17 Jun 2013 | 5:00 PM ETFundamentals haven't changed enough to substantiate worries that the Fed would cut back on quantitative easing yet, Josh Brown of Fusion Analytics says.