October 24, 2014
12:29 pm
Business News
iStock/Thinkstock(WASHINGTON) -- The housing market continues to bounce back.The Commerce Department reported on Friday that sales of new homes rose 0.2 percent last month to a seasonally adjusted rate of 467,000.David Crowe, chief economist at the Nation
Amazon(NEW YORK) -- Amazon's much-hyped Fire phone didn't even create a spark in the smartphone market. Four months after its debut, the device, which featured what Amazon called "breakthrough" technology, is now selling on Amazon for 99 cents with a cont
iStock/Thinkstock(NEW YORK) -- Your employer can rest easy knowing that if you're spending work hours shopping for airfare, at least you won't likely get a deal while doing it. At least not compared to if you had taken some time out of your weekend to sea
Facebook(NEW YORK) -- Catering to the obscure, Facebook's new pseudo-anonymous app, "Rooms," lets users geek out on niche topics without ever having to reveal their real identities.Less than 24 hours after the app launched, a slew of new rooms have been c
WOW Air(NEW YORK) -- Could your overseas flight soon cost less than your baggage fees? Icelandic airline WOW Air announced this week its plan to offer flights from the U.S. to Europe for only $99. The carrier is taking advantage of the growing sector of b
Amazon(NEW YORK) -- Amazon will be on the defensive Friday, as the web giant takes a hit from investors after posting its largest quarterly loss in 14 years.In pre-market trading, Amazon stock was already down more than 10 percent.On Thursday, the online
iStock Editorial/Thinkstock(NEW YORK) -- The nation's airlines are flying high -- maybe higher than they ever have before.Several carriers, including American, Alaska, Southwest, and JetBlue Airlines posted record third-quarter profits Thursday. Even Unit
Target(NEW YORK) -- All signs are pointing to a profitable 2014 holiday season for retailers but an unfortunate sign of the times is that hackers also profit from getting the credit and debit card information of shoppers.That’s probably not going to
iStock/Thinkstock(NEW YORK) -- Thomas and Megan Sneed’s daughter, Nora, is growing fast, but so are their bills.“We’re like a lot of people. We graduated with college debt, we put our honeymoon on our credit card and then a year after b
iStock/Thinkstock(NEW YORK) -- As the "official airline of Middle-earth," Air New Zealand would naturally want to capitalize on the final movie in The Hobbit trilogy, scheduled to be released in December.The theatrical release of The Hobbit: The Battle of
iStock/Thinkstock(NEW YORK) -- Strong earnings helped the markets soar on Thursday.The Dow Jones Industrial Average went up 216.58 points, closing at 16,677.90.Thursday was the best day for the Nasdaq and the S&P 500 since January 2013. The Nasdaq gai
iStock Editorial/Thinkstock(NEW YORK) -- What happens when a bunch of people gather under the cloak of pseudo-anonymity in a virtual chat room? With the launch of Facebook's new "Rooms" app, the world is about to find out.The chat room and message board h
Courtesy AARP(NEW YORK) -- There’s no better way to ask how someone’s identity can be stolen than by asking an identity thief.So that’s exactly what Doug Shadel did. He’s a former fraud investigator and current Senior State Directo
Google(NEW YORK) -- Google is rethinking email with "Inbox," a product that promises to keep users from drowning in an overflowing inbox.Working as a complement to Gmail, the product is geared toward a mobile audience and is designed to bring peace and or
Apple(NEW YORK) -- The new iPad Mini has arrived.The device comes equipped with Apple's Touch ID, allowing users to take advantage of the new Apple Pay feature. It also comes with a gold finish option and the brand new iOS 8.1.Other than that, there's not
Justin Sullivan/Getty Images(BEIJING) — How do you say "wow" in Chinese?If you ever need shaming into keeping up with a New Years' resolution, look no further than the example set by Facebook CEO Mark Zuckerberg.While many spend hours each day scrol
iStock/Thinkstock(WASHINGTON) -- Jobless claims were higher last week, increasing by 17,000, according to the latest figures released Thursday by the Labor Department.For the week ending Oct. 18, the number of people filing for benefits jumped to 283,000.
iStock/Thinkstock(NEW YORK) -- You think traffic has gotten worse than it used to be? You're absolutely right, according to a survey by the traffic data company INRIX.But it's not just time Americans are wasting sitting stuck on the roads, it's money -- a
Creatas/Thinkstock(NASHVILLE, Tenn.) -- Overweight women may have a compelling case about being mistreated and discriminated against in the workplace based on a disturbing study out of Vanderbilt Law School.Study author Jennifer Shinall, assistant profess
iStock/Thinkstock(NEW YORK) -- Like a moth attracted to the flame, kids just can't seem to keep their tiny bodies out of toy claw machines. The latest incident started when 18-month-old Colin Lambert climbed into the game in Maryville, Tennessee, while hi
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