US Orders for Long-Lasting Goods Fall 2.1% in April
US durable goods orders drop a sharp 2.1% in April, investment spending also falls.
US durable goods orders drop a sharp 2.1% in April, investment spending also falls.
Stocks are closing higher on Wall Street Friday, led by gains in banks, as the market rebounds from steep losses from a day earlier.
U.S. regulators have approved the most expensive medicine ever, a $2.125 million gene therapy meant to cure a disorder that rapidly destroys a baby’s muscle control and kills most within a couple years.
Stocks on Wall Street notched modest gains Friday, erasing some of the market’s steep losses from a day earlier.
US new-home sales slumped 6.9% in April; sales of homes deemed affordable for middle class source of decline.
A company backed by tech billionaire Elon Musk has been granted a nearly $49 million contract to build a transit system using self-driving vehicles underneath the Las Vegas Convention Center.
U.S. long-term mortgage rates fell slightly this week, marking a fourth straight week of declines to lure prospective purchasers in the spring homebuying season.
Stocks are falling on Wall Street as investors worry about an apparent stalemate in trade talks between the U.S. and China.
U.S. stocks closed lower Wednesday, weighed down by mixed corporate earnings from big retailers and uncertainty over the trade spat between the U.S. and China.
An escalating trade war with China could mean higher prices on a broad array of products but some retailers will be less equipped to handle the pain than others, leaving consumers to carry the load.