Author: TraderPlanet TraderPlanet

WASHINGTON (AP) — Sales of new U.S. homes slumped 7.8% in May, as sales plunged in the pricier Northeastern and Western markets. The Commerce Department said Tuesday that new homes sold at a seasonally adjusted annual rate of...

WASHINGTON (AP) — Sales of new U.S. homes slumped 7.8% in May, as sales plunged in the pricier Northeastern and Western markets.

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening slightly lower on Wall Street Tuesday. Health care companies are leading the gainers after AbbVie said it will pay...

MONTREAL (AP) — Canadian aerospace company Bombardier has announced the sale of its regional jet program to Japan’s Mitsubishi Heavy Industries Ltd. for $550 million. The company is seeking to exit the commercial plane...

BRUSSELS (AP) — The U.S. envoy to NATO said Tuesday that Turkey will be axed from the high-tech F-35 fighter jet program if it goes ahead with plans to buy Russian S-400 air defense missiles. U.S. Ambassador Kay Bailey Hutchison...

CLEVELAND (AP) — Tension is emerging between lawyers representing state and local governments over the path forward in a set of lawsuits seeking to hold the drug industry accountable for the toll of the nation’s opioid...

WASHINGTON (AP) — U.S. home price gains slowed for the 13th straight month in April, evidence that weaker demand is keeping prices in check even as mortgage rates fall. The S&P CoreLogic Case-Shiller 20-city home price index...

VIENNA (AP) — Austria’s Supreme Court of Justice ruled Tuesday that a Ukrainian oligarch who prosecutors say had business ties to President Donald Trump’s ex-campaign manager, Paul Manafort, can be extradited to the...

VIENNA (AP) — Austria’s Supreme Court of Justice rules that Ukrainian businessman Dymitro Firtash can be extradited to the U.S.

AbbVie is buying Botox maker Allergan in a cash-and-stock deal valued at around $63 billion. The maker of the blockbuster immune disorder treatment Humira said Tuesday that it will pay $120.30 in cash and a portion of AbbVie...