Business

In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani attends a meeting with the Health Ministry officials, in Tehran, Iran, Tuesday, June 25, 2019. Iran on Tuesday sharply criticized new U.S. sanctions targeting the Islamic Republic's supreme leader and other top officials, saying the measures spell the "permanent closure" for diplomacy between the two nations. For his part, Iran's president described the White House as "afflicted by mental retardation." (Iranian Presidency Office via AP)
June 25, 2019 - 10:29 am
TEHRAN, Iran (AP) — Iran warned Tuesday that new U.S. sanctions targeting its supreme leader and other top officials meant "closing the doors of diplomacy" between Tehran and Washington amid heightened tensions, even as the country's president derided the White House as being "afflicted by mental...
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FILE - In this June 19, 2019, file photo trader Robert Chamak works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, June 25. (AP Photo/Richard Drew, File)
June 25, 2019 - 10:29 am
NEW YORK (AP) — U.S. stocks moved lower in early trading on Wall Street Tuesday as investors headed for more defensive holdings and watched for updates on trade negotiations between the U.S. and China. Investors are also waiting for a speech by Fed Chairman Jerome Powell later Tuesday for any...
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In this June 13, 2019, photo a house on the market has a "new price" sign fixed on the realtor's sign in northeast Jackson, Miss. On Tuesday, June 25, the Standard & Poor's/Case-Shiller 20-city home price index for April is released. (AP Photo/Rogelio V. Solis)
June 25, 2019 - 10:12 am
WASHINGTON (AP) — U.S. home price gains slowed for the 13th straight month in April, evidence that weaker demand is keeping prices in check even as mortgage rates fall. The S&P CoreLogic Case-Shiller 20-city home price index rose 2.5% in April from a year earlier, down slightly from an annual...
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In this June 13, 2019, photo a new home is under construction in Mechanicsville, Va. On Tuesday, June 25, The Commerce Department reports on sales of new homes in May. (AP Photo/Steve Helber)
June 25, 2019 - 10:08 am
WASHINGTON (AP) — Sales of new U.S. homes slumped 7.8% in May, as sales plunged in the pricier Northeastern and Western markets. The Commerce Department said Tuesday that new homes sold at a seasonally adjusted annual rate of 626,000 in May, down from 679,000 in April. During the first five months...
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In this June 13, 2019, photo a new home is under construction in Mechanicsville, Va. On Tuesday, June 25, The Commerce Department reports on sales of new homes in May. (AP Photo/Steve Helber)
June 25, 2019 - 10:01 am
WASHINGTON (AP) — Sales of new U.S. homes slumped 7.8% in May, as sales plunged in the pricier Northeastern and Western markets. The Commerce Department says that new homes sold at a seasonally adjusted annual rate of 626,000 in May, down from 679,000 in April. During the first five months of the...
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In this June 13, 2019, photo a house on the market has a "new price" sign fixed on the realtor's sign in northeast Jackson, Miss. On Tuesday, June 25, the Standard & Poor's/Case-Shiller 20-city home price index for April is released. (AP Photo/Rogelio V. Solis)
June 25, 2019 - 9:45 am
WASHINGTON (AP) — U.S. home price gains slowed for the 13th straight month in April, evidence that weaker demand is keeping prices in check even as mortgage rates fall. The S&P CoreLogic Case-Shiller 20-city home price index rose 2.5% in April from a year earlier, down slightly from an annual...
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June 25, 2019 - 9:43 am
MONTREAL (AP) — Canadian aerospace company Bombardier has announced the sale of its regional jet program to Japan's Mitsubishi Heavy Industries Ltd. for $550 million. The company is seeking to exit the commercial plane market and focus on business jets and its large rail segment. Bombardier chief...
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June 25, 2019 - 9:35 am
MONTREAL (AP) — Canadian aerospace company Bombardier has announced the sale of its regional jet program to Japan's Mitsubishi Heavy Industries Ltd for $550 million. The company is seeking to exit the commercial plane market and focus on business jets and its large rail business. Bombardier chief...
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FILE - In this Oct. 8, 2008, file photo, passengers walk through the departure hall at the Changi International Airport in Singapore. Drones buzzing around Singapore's Changi Airport have caused the delay or diversion of 63 flights in the past week, triggering an official investigation and raising questions about the motives of the offenders. Regulators said Tuesday, June 25, 2019, that 18 flights at the airport were delayed and seven were diverted the night before "due to bad weather and unauthorized drone activities."(AP Photo/Wong Maye-E, File)
June 25, 2019 - 9:26 am
SINGAPORE (AP) — Drones buzzing around Singapore's Changi Airport have caused 63 flights to be delayed or diverted in the past week, triggering an investigation and raising questions about the motives of the offenders. The Civil Aviation Authority of Singapore said Tuesday that 18 flights at the...
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United States Ambassador to NATO Kay Bailey Hutchison walks to the podium prior to a media conference at NATO headquarters in Brussels, Tuesday, June 25, 2019. (AP Photo/Virginia Mayo)
June 25, 2019 - 9:25 am
BRUSSELS (AP) — The U.S. envoy to NATO said Tuesday that Turkey will be axed from the high-tech F-35 fighter jet program if it goes ahead with plans to buy Russian S-400 air defense missiles. U.S. Ambassador Kay Bailey Hutchison said "there will be a disassociation with the F-35" if NATO member...
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