U.S. new home sales accelerate; lower mortgage rates a boost
WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded more than expected in August, the latest sign that the struggling housing market was starting to get a lift from…
Mixed data offer glimmers of hope for slowing U.S. economy
WASHINGTON (Reuters) – U.S. retail sales unexpectedly fell in February, but a rebound in factory activity in March and strong increase in construction spending offered hope the economy was not…
Starbucks Executive Chairman Howard Schultz steps down
(Reuters) – Starbucks Corp Executive Chairman Howard Schultz is stepping down, effective June 26, the world’s biggest coffee chain said on Monday, fuelling speculation that the outspoken, liberal-leaning executive will…