A Chinese delegation led by Vice Premier Liu He could be sent before month's end to iron out phase one, a source tells CNBC's Kayla Tausche.Marketsread more
Bank of America says investors should still look to stocks for value rather than bonds.Investingread more
Online travel company Booking Holdings has dropped out of Facebook's libra, joining a growing list of firms who have exited the embattled cryptocurrency project.Technologyread more
"But I expect we'll have a deal," Mnuchin tells CNBC.Politicsread more
Kohl's stores are getting a bit of a refresh, and are being infused with new brands, ahead of this holiday season.Retailread more
Apple will release the iPhone SE2 early next year for $399, analyst Ming-Chi Kuo says.Tech Driversread more
State polls show that Trump's standing has weakened in some states hurt by the trade war.2020 Electionsread more
Sanders, who is recovering from a heart attack, reveals the new tax plan a day before the third Democratic debate.2020 Electionsread more
Investors are set to scrutinize results from Goldman Sachs and J.P. Morgan Chase as banks report third-quarter results starting Tuesday.Financeread more
Morgan Stanley slashed its price target on Netflix to $400 per share from $450 per share, but kept its overweight rating on the stock.Pro Analysisread more
There are at least 10,000 Islamic State prisoners in several camps across northeastern Syria, according to Kurdish and U.S. officials.Politicsread more
U.S. home buyers signed fewer contracts to purchase existing homes in August, as higher mortgage rates and higher home prices weighed on housing affordability. So-called pending home sales fell 1.6 percent month-to-month, according to the National Association of Realtors, but are still 5.8 percent higher from a year ago.
The Realtors warned earlier this month that the increase in closed home sales in August (signed contracts in June or July) was the, "last hurrah," as agents were reporting a steep drop in buyer traffic last month. These pending contracts generally take one to two months to close and therefore indicate slower final sales for the fall.
"Sharply rising mortgage interest rates in the spring motivated buyers to make purchase decisions, culminating in a 6½-year peak for sales that were finalized last month," said Lawrence Yun, chief economist for the Realtors. "Moving forward, we expect lower levels of existing home sales, but tight inventory in many markets will continue to push up home prices in the months ahead."
Home prices were up over 12 percent in the nation's top 20 housing markets in July, according to a report this week from S&P/Case-Shiller. While the price gains are moderating, the jumps make it increasingly difficult for first-time home buyers to get into the housing market.
(Read more: Forget easing prices, new homes are up, up, up)
Another report on sales of newly built homes in August showed an increase from July, but the pace is still the second lowest of the year. The markets for both new and existing homes have been constrained by very low inventory and still tight credit. Neither are expected to ease in the near future.
(Read more: Real estate's new frontier: Crowdfunding)
The Northeast was the only region to see an increase in pending home sales, up 4 percent month-to month. Sales declined 1.4 percent in the Midwest, fell 3.5 percent in the South and fell 1.6 percent in the West. The Realtors are predicting total existing home sales to be up about 11 percent in 2013 to 5.2 million homes sold but expect little change from that pace in 2014.
—By CNBC's Diana Olick. Follow her on Twitter @Diana_Olick.