Author: TraderPlanet TraderPlanet

NEW YORK (AP) — Macy’s announced a multiyear money saving restructuring program that it says will pare down its management structure and make the department store more nimble in a fiercely competitive environment. The plan...

WASHINGTON (AP) — US home price gains slowed for the ninth straight month in December, reflecting weaker sales and higher mortgage rates. The S&P CoreLogic Case-Shiller 20-city home price index increased 4.2 percent from a...

WASHINGTON (AP) — The number of homes being built in December plunged to the lowest level in more than two years, a possible sign that developers are anticipating fewer new houses to be sold this year. The Commerce Department...

WASHINGTON (AP) — US housing starts fell 11.2 percent in December to the worst pace in more than two years.

BERLIN (AP) — Three former executives of German gun-maker Sig Sauer have gone on trial in Germany on suspicion of illegally selling firearms to Colombia by funneling them through a U.S. sister company. The trial, which began...

LONDON (AP) — A group of traditional taxi drivers in Britain have lost a High Court suit challenging Uber’s operating license in London. The suit by the United Cabbies Group argued that Judge Emma Arbuthnot’s...

ATLANTA (AP) — Home Depot’s fourth-quarter profit is short of expectations with rising real estate prices cooling home sales. Shares fell 2.6 percent Tuesday before the opening bell. The home improvement retailer earned...

LUXEMBOURG (AP) — The European Union’s top court has annulled Latvia’s decision to suspend its chief central banker while he is investigated for alleged bribery. The EU Court of Justice said Tuesday that Ilmars...

DUESSELDORF, Germany (AP) — Worried about Brexit? Come to Germany where you get better salaries, better weather, tastier food — and a shorter trip for visits home to Poland. That’s a German hospital’s pitch to Polish...