Author: TraderPlanet TraderPlanet

WASHINGTON (AP) — 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. Mortgage buyer Freddie Mac says the average rate...

LAS VEGAS (AP) — 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. The board of...

Shares of Tesla opened lower Thursday, but recovered into positive territory a day after an influential analyst questioned whether the company will become a restructuring story. Stock in the Palo Alto, California, company fell...

WASHINGTON (AP) — Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are generally bought by middle class and first-time buyers. The Commerce Department said...

WASHINGTON (AP) — US new-home sales slumped 6.9% in April; sales of homes deemed affordable for middle class source of decline.

MEXICO CITY (AP) — The head of Mexico’s financial intelligence unit says that a former executive at the state-owned oil company who was sanctioned this week by the comptroller’s office is Pemex’s former...

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are falling at the open on Wall Street as investors worry about an apparent stalemate in trade talks between the U.S. and China....

BALTIMORE (AP) — An official with Baltimore mayor’s office says the city’s IT team is restoring computer systems slowly to ensure their security after a crippling ransomware attack. The Baltimore Sun reports deputy...

FRANKFURT, Germany (AP) — Top officials at the European Central Bank at their last meeting held on to their hopes for a return to stronger economic growth in the second half of the year even as they underlined their readiness to...