US new-home sales plunge in March
Sales of new US homes plunged in March after a sharp rise in February, the Commerce Department reported Thursday.
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TD Ameritrade CEO believes rate hike coming in December
Economic news may delay the June rate hike investors were expecting earlier this year – but it won’t delay it very long.
Is this the stock picker's market you've been asking for?
Maybe you were even among those predicting at the start of the year that we’d finally get a “stock picker’s market.” Well, we’ve got one. And now all anyone can talk about is how frustrating it is to watch the indexes stuck in a range.
U.S. jobless claims edge up; trend signals firmer labor market
The number of Americans filing new claims for jobless benefits rose last week for a third straight week, but the underlying trend continued to point to a solidly improving labor market. Initial claims for state unemployment benefits increased 1,000 to a seasonally adjusted 295,000 for the week ended April 18, the Labor Department said on Thursday. The claims data covered the period during which the government canvassed employers for April’s
Deutsche Bank fined record $2.5 billion in rate rigging inquiry
LONDON/NEW YORK (Reuters) – U.S. and British regulators fined Deutsche Bank (DBKGn.DE) $2.5 billion (1.67 billion pounds) and its British subsidiary pleaded guilty to criminal wire fraud on Thursday as it became the eighth financial group to settle allegations of rigging interest rate benchmarks. The record penalty in a seven-year investigation that has shredded the banking industry’s reputation takes the total fines imposed on some of the world’s top financial
Caterpillar profit jumps, outlook for rest of year less rosy
Caterpillar reported a higher quarterly net profit despite a dip in revenue, citing a boost from the strong U.S. dollar on imported goods, especially from Japan.
Truck, SUV profits push GM 1Q profit 8 times above year ago
First-quarter profit at General Motors rose nearly eight times above a year ago as U.S. consumers spent big on pickups and SUVs and the company didn’t have to set aside a huge stack of money to pay for …
Earnings deluge could support new highs
Investors will eye more earnings amid the possibility of a breakout in stocks to record levels on Thursday.
Bradley Cooper and Irina Shayk Spotted on a Date to a Broadway Show—Are They a Couple?
Even though Bradley Cooper was spotted reconnecting with ex-girlfriend Suki Waterhouse during Coachella, it seems that he has moved on with Irina Shayk. A source confirms to E! News that…
WTF? Bruce Willis Said He Got Into a Massive Fight on Dancing With the Stars and It's Just…Weird
Bruce Willis said he got in a Dancing With the Stars fight. The action star stopped by Late Show with David Letterman and discussed daughter Rumer Willis and her time on Dancing With the Stars….