Stories about Finance

Feb 24 2016

US home sales climbed in January despite weaker economy

Though the inventory of unsold homes rose slightly to a 4.0-month supply in January from a 3.9-month supply in December, it is still down 2.2% from a year ago. Pay growth...

Feb 24 2016

Iran calls Saudi oil production freeze a 'joke'

This is a "more efficient" way for the market to rebalance than cuts by low-priced producers like Saudi Arabia , which would only delay the "inevitable reckoning" needed...

Feb 24 2016

Deutsche Boerse plans London Stock Exchange takeover

Deutsche Boerse had a market value of $16.4 billion as of Monday's close, while the LSE's was $11.6 billion, according to Reuters data. Upon completion of merger, al...

Feb 24 2016

Home Prices Climb, But Not as Much as Forecast

Prices rose 0.6 percent from October to November and increased by 0.8 percent from November to December, based on seasonally adjusted figures that account for tradition...

Feb 23 2016

IEA: Slashed spending by drillers could lead to price spike

According to International Energy Agency (IEA), rising stockpiles, globally means, supply glut will continue through 2017, according to latest commentaries this week. The...