Sales of new single-family homes surged nearly 24 percent last month to a seasonally adjusted annual pace of 330,000. But May's number was revised downward to 267,000, the slowest pace on records dating back to 1963.
Is the economy really getting better? It's tough to keep track of all the reports about jobs, housing and manufacturing. The daily data dump is overwhelming.
AP - Apple Inc. reports earnings for the fiscal first quarter Monday. The following is a summary of key developments and analyst opinion related to the period.
It's once again safe to order an iPhone through AT&T's Web site if you live in New York, after an unexplained halt was enforced in the area over the weekend.
Ford bucks industry-wide decline in hybrid vehicle sales to post 67 percent growth this year.
AP - BlackBerry maker Research In Motion Ltd. surprised Wall Street on Thursday as it reported a 59 percent increase in third-quarter income, boosted by new subscribers and record sales of its smart phones.