More From Money

  • Slump in rates fails to rally buyers Wednesday, 22 Oct 2014 | 7:00 AM ET
    A house on the market in Monterey Park, Calif.

    Mortgage rates dropped to their lowest level, causing an 11.6 percent jump in mortgage applications, according to the Mortgage Bankers Association.

  • A 5th US state bans direct Tesla sales Wednesday, 22 Oct 2014 | 6:53 AM ET
    Michigan Gov. Rick Snyder

    Michigan Governor Rick Snyder signed a bill that will keep electric carmaker Tesla Motors from selling its cars directly to consumers in the state.

  • Luxury London property sees further decline Wednesday, 22 Oct 2014 | 6:12 AM ET

    The overall transaction value of luxury homes in prime central London locations has fallen by over 20 percent.

  • Daimler sells its 4% stake in Tesla Tuesday, 21 Oct 2014 | 4:38 PM ET

    The German automaker said the two companies would still cooperate on projects.

  • In the jet market? Now's a good time Tuesday, 21 Oct 2014 | 3:15 PM ET
    A Gulfstream G550 jet on display at the Singapore Airshow in February 2014.

    Suddenly, private Gulfstream jets are affordable. Well, "affordable" in a relative sense.

  • 'Easy Rider' bike sells for $1.4M Tuesday, 21 Oct 2014 | 2:10 PM ET
    A “Captain America” Chopper from the 1969 film “Easy Rider”.

    A star-spangled chopper ridden in “Easy Rider” sold for $1.35 million, making it one of the most expensive motorcycles ever sold.

  • GM asks governor to sign 'anti-Tesla' bill Tuesday, 21 Oct 2014 | 1:28 PM ET
    People walk past a Tesla motor company dealership.

    GM is calling for Michigan Governor Rick Snyder to sign legislation that would ban the direct sale of automobiles in Michigan.

  • San Francisco likely to legalize Airbnb Wednesday, 22 Oct 2014 | 9:40 AM ET

    The San Francisco board of supervisors approved a bill to legalize Airbnb, moving the start-up closer to legitimacy in the city. Which region is next?

  • How Bernanke's rejected refi helps you Tuesday, 21 Oct 2014 | 11:21 AM ET
    Former Chairman of the Federal Reserve Ben Bernanke.

    The former Fed chair being turned down for a refi should serve as a call-to-action, says the CEO of HomeServices.

  • This is where college grads go to live Tuesday, 21 Oct 2014 | 11:11 AM ET

    Denver, San Diego, Salt Lake City, Nashville and Portland are fast becoming college grad meccas, reports the New York Times.

  • NHTSA issues warning on deadly air bags Tuesday, 21 Oct 2014 | 10:39 AM ET
    An employee sews an airbag at Takata's crash-testing facility in Auburn Hills, Michigan, August 19, 2010.

    NHTSA is urging owners of more than 5 million vehicles to "act immediately" to get faulty air bags fixed. The NYT reports.

  • Existing home sales: one-year high in Sept Tuesday, 21 Oct 2014 | 10:00 AM ET

    US home resales are at the highest level in a year, a sign the housing market recovery is gradually getting back on track.

  • Ford drops Focus Electric price Tuesday, 21 Oct 2014 | 8:55 AM ET

    Ford cuts Focus Electric prices to spur flagging sales, reports USA Today.

  • Look who's using flex time now Tuesday, 21 Oct 2014 | 12:01 AM ET
    Misha Tismenetsky, left, and Misha Rubin with Lia and Osi.

    Think of flexible work arrangements and you may imagine a working mother. But men are big users of flex time too.

  • Staples is probing possible data breach Tuesday, 21 Oct 2014 | 6:12 AM ET

    Staples is investigating a possible breach of payment card data and has contacted law enforcement about the matter.

  • Amazon Fresh: What’s in the bag? Tuesday, 21 Oct 2014 | 9:23 AM ET

    Amazon's grocery service launched in New York City over the weekend. First stop? Park Slope, Brooklyn.

  • Time to be brave and buy stocks? Monday, 20 Oct 2014 | 8:42 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Is it time to be brave and buy stocks?

  • Top 10 countries for your next vacation Tuesday, 21 Oct 2014 | 6:41 AM ET

    Lonely Planet names Singapore as 2015's top travel destination.

  • US airlines raise domestic fares Tuesday, 21 Oct 2014 | 6:56 AM ET

    The airlines are raising base fares on many domestic flights despite windfalls from lower fuel prices.

  • China targets Apple's iCloud: Report Tuesday, 21 Oct 2014 | 7:50 AM ET
    Customers looking at iPhones in an Apple store in Shanghai.

    Chinese authorities have tried to gain access to the customer data held on Apple's iCloud storage system, according to an organization that monitors web usage in China.


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