U.S. News


  • US Oil Settles Near $100, Boosted by Egypt Turmoil Tuesday, 2 Jul 2013 | 4:04 PM ET

    Instability in Egypt and Syria bolstered crude oil on Tuesday, as supply concerns stemming from geopolitical turmoil momentarily overrode fears about the global economy.

  • Car Sales on a Roll, but the Economy? Not So Much Tuesday, 2 Jul 2013 | 2:56 PM ET

    U.S. car companies are reveling in their strongest monthly sales in about five years. The housing market is rebounding. But overall economic growth is feeble at best.

  • New York is running out of luxury apartments Tuesday, 2 Jul 2013 | 2:08 PM ET
    A penthouse at the Pierre Hotel in New York City is listed at $125 million.

    You wouldn't know it from looking at all of the glass towers going up across Manhattan, but the city is running out of penthouses and other ultra-luxury apartments, and what's on the market may be overpriced.

  • Dudley Reiterates Fed's Easy-Money Message Tuesday, 2 Jul 2013 | 1:34 PM ET
    William C. Dudley

    The head of the New York Fed said asset purchases could increase from those Chairman Ben Bernanke outlined if the labor market and economic growth lagged the central bank's expectations.

  • Sales Soar as Manhattan Condos Kick Co-Op Prices Tuesday, 2 Jul 2013 | 1:10 PM ET
    Manhattan apartment buildings

    Manhattan may be an island, but it is not unto itself when it comes to the issues now plaguing the United States real estate market.

  • Auto Sales Spike in June to Pre-Recession Levels Tuesday, 2 Jul 2013 | 10:25 AM ET

    U.S. buyers snapped up new cars and trucks in June at a pace not seen since before the recession. Continuing demand for big pickups helped boost sales for Detroit's automakers.

  • Factory Orders Rise, Hint at Stable Manufacturing Tuesday, 2 Jul 2013 | 10:00 AM ET

    New orders for US factory goods rose for a second straight month in May, adding to tentative signs of stabilization in manufacturing after a recent slowdown.

  • Bubbling Up? US Home Prices Rise Most in 7 Years Tuesday, 2 Jul 2013 | 9:29 AM ET
    FILE-This June 13, 2012, file photo, shows a house for sale in San Diego. US home prices rose in all major US cities in June, further evidence of housing rebound. (AP Photo/Gregory Bull, File)

    U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening.

  • Federal Reserve Approves Key Capital Rules for Banks Tuesday, 2 Jul 2013 | 9:12 AM ET
    Federal Reserve Board Governor Daniel Tarullo.

    The Federal Reserve Board is ratcheting up the amount of capital U.S. banks will need to hold. In a final draft rule that the Fed will vote on in an open meeting today.

  • Mortgage Rate Rise Won't Kill Housing: Hovnanian Tuesday, 2 Jul 2013 | 8:50 AM ET

    Hovnanian Enterprises' CEO Ara Hovnanian expressed little concern over what impact an end to the Federal Reserve's bond-buying program might have on mortgage rates.

  • IRS Disallows $2.86 Billion in Tyco Tax Deductions Tuesday, 2 Jul 2013 | 8:05 AM ET
    Tyco International Ltd. signage is displayed outside of the company's offices in Boca Raton, Florida, U.S.

    The IRS has informed Tyco that it has disallowed roughly $2.86 billion in interest and deductions recognized by the company in its U.S. returns for 1997-2000.

  • Apple Plans Nevada Solar Farm in Clean Energy Push Tuesday, 2 Jul 2013 | 7:11 AM ET

    Apple plans to build a solar farm with NV Energy in Reno, Nev., a step towards its goal of having its data centers run on renewable energy.

  • Breaking the College Tuition Monopoly Tuesday, 2 Jul 2013 | 6:00 AM ET

    It's time for the free market to play a greater role in U.S. higher education, argues Kudlow Report producer Jake Novak.

  • Investment Banks Eye 'Hedge Funds for the Masses’ Tuesday, 2 Jul 2013 | 3:14 AM ET

    Large U.S. investment banks are said to be eyeing the launch of hedge funds for retail investors with investments as low as $1,000.

  • What Doubling of Student Loan Rates Means For You Monday, 1 Jul 2013 | 4:59 PM ET
    Interns from around the city protest near the Senate steps to urge the Senate to act on a House passed bill, Smarter Solutions for Students Act, which would prevent student loan interest rates from doubling.

    Congress failed to reach a deal on student loans. Some federal student loans doubled to nearly 7 percent. Here are some points to consider about the student loan rate increase.

  • Dell Considers Fortified Offer From Icahn Monday, 1 Jul 2013 | 4:24 PM ET

    Dell's special board committee said it welcomes the new proposal from the billionaire investor, who has lined up $5.2 billion to back up his bid for a leveraged recapitalization.

  • Microsoft Exec Joins Zynga as New CEO Monday, 1 Jul 2013 | 4:24 PM ET
    Don Mattrick

    Microsoft's entertainment head, Don Mattrick, is leaving the company to join struggling games publisher Zynga as its chief executive.

  • America's Self-Employed Caught in Obamacare Gaps Monday, 1 Jul 2013 | 12:55 PM ET

    Obamacare is supposed to be inclusive but there are loopholes, and some small-business owners are at risk for winding up falling into the gaps in health-care coverage.

  • Senator Gives an 'F' to Student Loan Rate Jump Monday, 1 Jul 2013 | 12:10 PM ET

    Sen. Bernard Sanders, I-Vt., called a student loan rate increase "absurd" and proposed a rate freeze.

  • Paid Via Card, Workers Feel Sting of Fees Monday, 1 Jul 2013 | 11:48 AM ET
    Natalie Gunshannon, who is suing the franchise owners of the McDonald's she worked for when they refused to deposit her pay directly into her checking account, with her daughter.

    As companies issue payroll cards, a growing number of American workers are confronting a frustrating predicament on payday. As the New York Times reports, to get their wages, they must first pay a fee.

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