Rising mortgage rates are pushing up the cost of buying a home just as more local markets are seeing prices and sales climb, but economists say that unless rates move substantially higher the increase is unlikely to derail the U.S.
U.S. securities regulators plan to require certain defendants to admit to wrongdoing as a condition of settling securities-fraud charges, SEC Chairman Mary Jo White said Tuesday.
The telecommunications-gear maker's new chief executive plans to unveil a push to slash costs, shake up management and shift resources away from older products, in an effort to stem perennial losses.
The growing popularity of electronic cigarettes has divided regulators and antismoking activists just as Europe gets ready to tighten its tobacco laws.
Russia has signaled it will allow the ruble to weaken to help revive stalling economic growth as the Kremlin grasps for options to breathe life back into its oil-dependent economy during the sharpest slowdown the country has seen since 2009.
U.S. consumer prices rose slightly in May, suggesting that inflation pressures remain tame amid slow growth globally and muted wage gains at home.
Duke Energy named finance chief Lynn Good as its next chief executive, succeeding Jim Rogers, who will continue as chairman until his retirement at year end.
China's money-market rates remained stubbornly high Tuesday, suggesting a standoff between the country's central bank and lenders that is causing stress to the financial system is set to continue.
U.S. stock-market futures moved higher as investors waited on data expected to show a rebound for construction of new homes and consumer inflation that remains under control.
Germany's Commerzbank has agreed in principle with the bank's labor representatives on cutting more than 5,000 full-time jobs group-wide, according to a person familiar with the matter.
Two of the largest independent U.S. high-frequency-trading firms are in early merger discussions, as a downturn in trading opportunities has spurred cutbacks and tie-up talks among rivals
The planned initial public offering by Votorantim Cimentos of up to $4.73 billion would have been the second-biggest IPO in the world this year.
Cyprus has asked its European partners to help ease a cash crunch at the island's biggest lender, saying this spring's bank-rescue deal was struck "without careful preparation" and was imperiling its ability to meet budget targets.
Carl Icahn called for Dell to launch a tender offer for up to $16 billion of its shares, and he also bought about 72 million shares, making him the second-largest holder in the company.
Copper futures fell to a six-week low after U.S. housing-starts data missed forecasts and as investors braced for the outcome of the Fed's monetary policy setting meeting on Wednesday.
The lower house of Switzerland's parliament voted against adopting a plan for banks to step around secrecy laws and hand information about their dealings with suspected American tax evaders to U.S.
Boeing signed up five customers for a new stretched version of its Dreamliner, evidence of fresh sales momentum for the 787.
Clearwire, long the U.S. wireless industry's most embattled carrier, has emerged In recent months as its crown jewel.
Japanese government bond prices gained after a solid 20-year-bond auction indicated returning stability in the market.
China's CNPC, France's Total and Anglo-Canadian Tethys are due to sign an agreement Tuesday to develop oil-and-gas assets in Tajikistan, marking the latest move by a Chinese company to secure energy assets abroad.
Christie's London sold $100.4 million of Impressionist and modern art, including a $21.2 million Kandinsky, but the sale lacked the fever-pitch sizzle of similar sales in February and May.
Chrysler said it would recall 2.7 million Jeeps to strengthen the vehicles, reversing course after initially rejecting a regulator's request for the recall after a study found a higher rate of fire after collisions than other SUVs.
The Group of Eight leading industrialized nations agreed to proposals to tackle tax avoidance and evasion that call for new laws to stop businesses from shifting profits across borders and urge greater transparency about company ownership.
The publisher of the hit mobile game "Candy Crush Saga" has hired banks to pursue a U.S. initial public offering, according to people familiar with the move.
Consulting firm Deloitte agreed to pay a $10 million fine and accept a ban from working for New York state financial institutions for a year after an investigation into money-laundering schemes at a U.K.
Housing starts increased 6.8% from April to a seasonally adjusted annual rate of 914,000, the Commerce Department said, boosted by a surge in multifamily units.
British prosecutors have filed criminal fraud charges against former UBS and Citigroup trader Tom Hayes for allegedly trying to manipulate benchmark interest rates.
Lloyds Banking Group executives denied that the U.K. government directly sought to influence their decision to pick the Co-operative Bank as a preferred bidder for several hundred branches.
In a sign that China hasn't lost its appetite for iron ore assets despite an economic slowdown, state-controlled mining giant China Minmetals said it is considering a bid for Rio Tinto's $4 billion Canadian iron-ore operations.
Major U.S. airlines improved their passenger-satisfaction scores for the second consecutive year, according to a poll to be released Tuesday, but they remain near the bottom of the poll's benchmark industries.