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Sales of Existing Homes in U.S. Fall to Lowest Since 2012

Filed under: Mortgages, Real Estate, Housing Market, Home Buying Gene J. Puskar/APBy Shobhana Chandra Purchases of previously owned homes in the U.S. declined in February to the lowest level since July...

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Philly Fed Factory Activity Index Jumps in March

Filed under: Economic Indicators, Federal Reserve, Manufacturing, Investing Matt Rourke/APBy Rodrigo Campos NEW YORK -- Factory activity in the U.S. Mid-Atlantic region expanded far more than expected...

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Soaring Lime Prices Squeeze Margarita Fans, Mexican Families

Filed under: Cost of Living, Global Economy, Food & Beverage Flickr Open/Getty ImagesBy Nacha Cattan Lime growers in the Mexican state of Michoacan have banded together to set prices of the fruit...

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Mortgage Rates Edge Back Down in Latest Survey

Filed under: Mortgages, Refinancing, Housing Market, Home Buying, Interest Rates Chuck Burton/AP WASHINGTON -- Average U.S. rates on fixed mortgages declined last week, edging closer to historically...

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Soaring Airplane Orders Will Affect Ticket Prices, Report Says

Filed under: Company News, Aerospace & Defense, Transportation & Logistics, Travel Industry, Airfare Saul Loeb/AFP/Getty ImagesBy Justin Bachman Airline finances have benefited radically in...

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Chew On This: Gum Loses Its Pop

Filed under: Company News, Consumer Goods, Shopping Trends Kathy Kmonicek/APA garbage bin full of bubble gum, at New York City's Yankee Stadium.By CANDICE CHOI NEW YORK -- Gum seems as appealing as...

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Good News From Homebuilders, But Investors Should Be Cautious

Filed under: Company News, Earnings, Real Estate, Consumer Goods, Materials & Construction Joe Raedle/Getty Images Lennar (LEN) and KB Home (KBH) are the latest homebuilders to step up with their...

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As Obamacare Deadline Nears, Myths, Misconceptions Confronted

Filed under: Health Care, Insurance, U.S. Government, Barack Obama, Financial Education Val Lawless/ShutterstockBy Karen E. Klein Recently the inbox for Bloomberg BusinessWeek's Smart Answers column...

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Toyota $1.2 Billion Deal OK'd to End Criminal Probe

Filed under: Company News, Toyota, Automotive Industry, Scandals and Lawsuits, Auto Recalls Utah Highway Patrol/APBy Nate Raymond NEW YORK -- A U.S. judge signed off on Toyota Motor's (TM) $1.2 billion...

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After Market: Stocks Reverse Losses as Investors Rethink Fed Comments

Filed under: Technology, Market News, Federal Reserve, Banks, Materials & Construction On second thought, maybe the Fed's comments weren't worth getting all worked up about. The market reversed...

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All Big Banks But One Pass Fed's Health Check

Filed under: Company News, Financial Reform, Federal Reserve, Banks David Paul Morris/Bloomberg via Getty ImagesCitibank parent Citigroup passed the Federal Reserve's stress test in a previous round.By...

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Embattled Turkey Prime Minister: 'We Will Wipe Out Twitter'

Filed under: Company News, Technology, Internet, Scandals and Lawsuits Ali Atmaca, Anadolu Agency/Getty ImagesTurkey Prime Minister Recep Tayyip ErdoganBy Sarah Frier, Mehul Srivastava and Benjamin...

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If You're Hacked, Blame the Government

Filed under: Identity Theft, U.S. Government, Security, Internet Fraud, Investing Getty ImagesBy Cadie Thompson The increasing vulnerability of companies to cyberattacks can be largely blamed on...

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Jobless? Uncle Sam Still Taxes Your Unemployment Benefits

Filed under: Taxes, Income Tax, IRS, State Income Tax, Tax Laws Alamy The economic recovery has left millions of Americans behind, struggling to find jobs and leaving millions unemployed for extended...

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When to Consider Making a Roth IRA Conversion

Filed under: Retirement, Personal Finance, IRA, Roth IRA, IRS Philip Taylor PT/FlickrBy Kelly Campbell For individuals who have large government or military pensions and/or Social Security payments...

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Case of Faith, Profit, Obamacare, Contraceptives to Hit High Court

Filed under: U.S. Government, Scandals and Lawsuits, Barack Obama, Health Insurance Ed Andrieski/The Associated PressBy Greg Stohr Hobby Lobby Stores' 600 U.S. craft shops close each Sunday, posting a...

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Rough Road Ahead for GM as Congress Plots Safety Probe

Filed under: Company News, General Motors, U.S. Government, Automotive Industry, Auto Recalls Andrew Harrer/Bloomberg via Getty ImagesGeneral Motors CEO Mary Barra at the Detroit auto show in...

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IRS Watchdog Warns of Massive Tax Scam

Filed under: Identity Theft, Taxes, U.S. Government, IRS, Ripoffs & Scams By Patrick Temple-West WASHINGTON -- Thousands of Americans nationwide have been targeted since August by a phone scam in...

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Shrimp Costs Land Red Lobster in Hot Water

Filed under: Company News, Earnings, Food & Beverage, Restaurants Daniel Acker/Bloomberg via Getty Images ORLANDO, Fla. -- A spike in shrimp costs is causing yet more trouble for Red Lobster. The...

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Money Minute: IRS Warns of Huge Tax Scam; Big Banks Pass Stress Test

Filed under: Market News, Advertising & Marketing, Banks, IRS, Ripoffs & Scams The IRS says we need to be on the lookout for one of the largest scams ever against taxpayers. The IRS is warning...

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