News and Finance

The real estate roller-coaster ride continued last year as the median price of U.S. single-family home plunged 11.9% to $173,200.
The housing situation had been […]

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India can gradually start raising interest rates as Asia’s third-largest economy is among the first to recover after the global financial crisis, the International […]

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Japan’s economy is far from achieving self-sustained growth as the export-led recovery fails to spur spending at home, according to Kazuo Momma, the Bank […]

The Toronto stock market registered a solid advance Friday despite employment reports for December from Canada and particularly the United States that widely missed expectations.
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The City and County of Denver plans to buy the Crossroads Theatre in the Five Points neighborhood from owner/operator Kurt Lewis for an undisclosed amount.
The […]

Indian Prime Minister Manmohan Singh said on Sunday there was no substitute to the U.S. dollar for replacement as the global reserve currency.
“As far […]

Stocks ended higher Wednesday, with the Dow industrials finishing at a 13-month high for third straight day, after investor optimism rose on the expectation […]

U.S. consumer confidence edged only slightly lower in November after a sharp drop in October, indicating that the upcoming holiday shopping season could see […]

The U.S. services sector, which represents about 80 percent of U.S. economic activity, grew for the second consecutive month in October, while the labor […]

The U.S. Senate’s top Democrat and top Republican each voiced support on Wednesday for extending a soon-to-expire $8,000 tax credit for homebuyers, but left […]