Finance

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US Home Sales Bounced Back in March, but Can the Gain Last?

Apr 23
U.S. home sales bloomed in March after a brutal winter, a sign of possible newfound momentum for housing.

Compromise GOP Budget Hikes War Funds, Targets 'Obamacare'

INSURANCE | By Andrew Taylor | Apr 28
House and Senate GOP negotiators neared agreement on a budget blueprint that would enable Republicans controlling Congress to more easily target President Obama's signature health care law while delivering an almost $40 billion boost to the Pentagon.

Rates Mixed at Weekly US Treasury Bill Auction

SAVING | Apr 28
Interest rates on short-term Treasury bills were mixed in Monday's auction with the rate on three-month bills declining to the lowest level since early March, while the rate on six-month bills rose.

Airbnb CEO Brian Chesky on Expansion Plans and Legal Battles

REAL ESTATE | Apr 27
Airbnb, the site that now offers more than a million listings in over 190 countries, is launching its first worldwide television ad. However, the company still faces critics. "Time 100" honoree and Airbnb CEO Brian Chesky discusses his lodging site.

Dodging the Dollar Drag: Currency-Hedged Funds are Booming

SAVING | By Stan Choe | Apr 27
Spanish stocks have climbed 10.9 percent in euros. But for someone counting in U.S. dollars, each of those euros is worth less than at the start of the year. A growing number of funds have been trying to blunt this effect.

US New-Home Sales Collapse in March

REAL ESTATE | Apr 25
Sales of new U.S. homes plummeted in March, as the spring buying season opened with sharp declines in the Northeast and South. The Commerce Department said that new-home sales fell 11.4 percent last month.