Sep 22 Existing U.S. home sales fell in August, price growth slows By Alex Veiga, Associated Press Sales of previously occupied U.S. homes fell in August and prices that have been soaring eased, the latest sign the housing market is cooling as intense competition leaves many would-be buyers on the sidelines. Existing homes sales fell 2% last… Continue reading
Sep 22 WATCH: Under pressure, Powell says Federal Reserve to revamp its trading rules By Christopher Rugaber, Associated Press The Federal Reserve is expected this week to send its clearest signal yet that it will start reining in its ultra-low-interest rate policies later this year, the first step toward unwinding the extraordinary support it’s given the economy since the… Continue reading
Sep 21 WATCH: 2021 United Nations General Assembly - Day 2 Racism, climate change and the world’s worsening divisions will take center stage at the U.N. meeting of world leaders, a day after Secretary-General Antonio Guterres warned that the world was "on the edge of an abyss.”… Continue reading
Sep 21 WATCH: President Biden and UK Prime Minister Johnson pledge climate option By Associated Press U.S. President Joe Biden and U.K. Prime Minister Boris Johnson underscored their commitment to tackling climate change Tuesday, during a White House meeting after both addressed the U.N. General Assembly earlier in the day. Continue reading
Sep 21 Lawmakers attempt to revive nationwide eviction moratorium By Michael Casey, Associated Press Sen. Elizabeth Warren of Massachusetts and Rep. Cori Bush of Missouri say their bill would direct the secretary of Health and Human Services to implement a ban on evictions in response to COVID-19. Continue reading
Sep 21 Activision Blizzard confirms SEC probe into discrimination allegations By Tali Arbel, Associated Press Shares have dropped 20 percent in two months as legal woes build over an alleged culture of discrimination against women and minorities at the maker of Candy Crush, Call of Duty, Overwatch and World of Warcraft. Continue reading
Sep 20 Watch 3:06 How financial 'black swans' may be driving market drops A sell-off hit the financial markets Monday over Chinese real estate and U.S. federal reserve policy worries. The Dow Jones Industrial Average lost 614 points — a 1.8% drop, its worst since July. The NASDAQ fell 330 points — more… Continue watching
Sep 20 WATCH: United Nations General Assembly 2021 — Day 1 By Edith Lederer, Associated Press The United Nations chief is warning global leaders at the opening of the U.N.'s foremost gathering that the world has never been more threatened and divided and “we face the greatest cascade of crises in our lifetime.”… Continue reading
Sep 20 UK government says lights will stay on despite energy price surge By Danica Kirka, Associated Press Britain's business secretary says there is no danger that people won't be able to heat their homes this winter after a surge in natural gas prices forced him to hold emergency talks with energy suppliers and consumer groups. Continue reading
Sep 17 White House warns states face deep cuts if Congress does not raise debt limit By Josh Boak, Associated Press The debt limit is the amount of money Congress allows the Treasury to borrow. It was suspended three times during the Trump administration and has been lifted dozens of times since 1960. Continue reading