US News

Tess Torelli January 10, 2018

Ty Wright | Bloomberg | Getty Images Potential home buyers walk past an ‘Open House’ sign displayed in the front yard of a property for sale in Columbus, Ohio, on Sunday, Dec. 3, 2017. Pent-up demand from the holidays likely fueled the solid jump in mortgage applications last week. Total application volume rose 8.3 percent […]

Tess Torelli January 10, 2018

No. 2 U.S. homebuilder Lennar on Wednesday reported a much lower than expected quarterly profit due to a delay in the booking of a single large transaction, although orders rose and revenue topped estimates. The company’s shares were down 4.8 percent at $63.50 in light premarket trading. An 11.5 percent rise in orders pointed to […]

Tess Torelli January 10, 2018

Carlos Barria | Reuters President Donald Trump celebrates with Congressional Republicans after the U.S. Congress passed sweeping tax overhaul legislation, on the South Lawn of the White House in Washington, December 20, 2017. With establishment Republicans increasingly embracing President Donald Trump, the moment certainly seems ripe for him to capture more legislative momentum. But the […]

Tess Torelli January 10, 2018

Walmart is expanding its “Scan & Go” technology to an additional 100 locations across the U.S., the retailer announced Tuesday, playing into a growing trend of companies giving consumers the option to shop their stores without interacting with a cashier. Others working to perfect their own digital shopping scanners include grocery giant Kroger and internet […]

Tess Torelli January 10, 2018

While U.S. stocks are now in an “accelerating phase,” billionaire investor Jeffrey Gundlach is predicting that the S&P 500 will post a negative rate of return in 2018. Gundlach, chief executive of DoubleLine Capital and known on Wall Street as the “Bond King,” said one of the best investments for 2018 will be commodities on […]

Tess Torelli January 10, 2018

T.J. Kirkpatrick | Bloomberg | Getty Images Workers complete a truck’s engine on the assembly line at the Toyota Motor Corp. manufacturing facility in San Antonio, Texas Toyota Motor and Mazda Motor are set to unveil plans for a $1.6 billion assembly plant in Huntsville, Alabama, sources familiar with the matter tell Giftofaservant. That announcement […]