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New home sales rise 27 percent

New home sales rise 27 percent

Better weather and government incentives help March sales rebound from record low.

 

Home sales, jobless figures point to recovery

Home sales, jobless figures point to recovery

Home sales rose sharply last month and claims for jobless benefits fell last week. The two reports Thursday sketched a picture of a modestly improving economy.

 

IMF: Global economy rebounding

Economist says recovery is stronger than thought; 4-percent economic expansion expected this year.

 

Delta Cruises Toward Profitability

The air carrier posts a slimmer loss this quarter and projects a profitable April through June period.

 

Citigroup earns $4.4B in 1Q as trading rebounds

Citigroup earns $4.4B in 1Q as trading rebounds

Citigroup Inc. provided more evidence that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit Monday as trading revenue offset losses from failed loans....

 

Housing starts hit highest level since Nov. 2008

U.S. housing starts rose more than expected in March to their highest level since November 2008 and permits to build new homes scaled a 17- month high.

 

GE profit tops Street view as cost cuts pay off

GE profit tops Street view as cost cuts pay off

General Electric Co called the end to its two-year slump on Friday, reporting earnings that beat Wall Street forecasts and saying profit should rise through the rest of 2010.

 

Bank of America Continues to Improve

Bank of America Continues to Improve

The bank, which is often considered a bellwether, said that it had clawed back to profitability in the first quarter, after two consecutive periods of losses.

 

Ford's European Sales Surge

Ford said European sales rose sharply in March, lifting its market share to a 12-year high, and the company said it is pressing for continued government incentives for car buying.

 

Retail sales surge in March

Retail sales surge in March

Retail sales soared in March, the government said Wednesday, in the latest sign of improving consumer confidence.

 

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