US Mortgage Applications Tumble to a 13-Year Low

The number of Americans applying for mortgages has fallen 63 percent since a May peak, reflecting a cooling housing market and higher borrowing rates. The...

AT&T Will Publish Reports On Requests For Customer Data

AT&T Inc. says it will publish reports on the number of requests for customer information that it receives from law enforcement agencies, the latest...

BlackBerry Reports Huge Loss Of $4.4B

BlackBerry reported a massive $4.4 billion loss in the third quarter and 56 percent drop in revenue in its first results under new chairman...

Average US Rate on 30-Year Loan Rises to 4.47 Percent

Average U.S. rates for fixed mortgages rose slightly this week but remained near historically low levels. Mortgage buyer Freddie Mac said Thursday the rate on...

Fed Will Reduce Bond Purchases By $10B In January

The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The Fed will...

Delta: No Voice Calls On Our Planes

Delta Air Lines says it won’t allow passengers to make voice calls from its planes. CEO Richard Anderson says the airline’s frequent fliers believe...

Possible China Deal Could Pep up iPhone Sales

Apple Inc. might have a chance to pep up cooling iPhone sales in China if it finally can reach a deal with the world's...

Average US Rate on 30-Year Loan Eases to 4.42 Percent

Average U.S. rates for fixed mortgages eased slightly this week, remaining near historically low levels. Mortgage buyer Freddie Mac says the rate on the 30-year...

Delta CEO: Fliers Will Pay For Higher Security Fee

The cost of flying is headed higher now that Congress has agreed on a budget deal. The proposed deal, expected to pass in the next...

Twitter Flies Higher On Heels Of New Ad Program

Twitter’s stock flew to a new high Tuesday and shares are up 26 percent this week after the social media site rolled out a...

Once-frothy Nasdaq Tries To Reach Dot-com Peak

It takes a long time to recover from a bad hangover, especially when you party like it’s 1999. The Nasdaq Composite is up 35 percent...

German Firm Testing Drones To Deliver Goods

Germany’s express delivery and mail company Deutsche Post DHL is testing a drone that could be used to deliver urgently needed goods to hard-to-reach...

Government Sells Remaining Stake In GM – Loses $10.5 Billion

The U.S. government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse. The Treasury...

New American Airlines Emerges As Deal Closes

American Airlines has emerged from bankruptcy protection and US Airways culminated its long pursuit of a merger partner after the two completed their deal...

Apple Guides Shoppers Inside Stores With iBeacon

GPS will tell you how to get to the nearest Apple store. With iBeacon, Apple hopes to guide you around once you're inside, whether...

FTC Says Flashlight App Left Consumers in the Dark

The maker of a popular Android mobile app that turns your phone into a flashlight has agreed to settle charges of deceiving customers with...

AT&T Reduces Fees For People Who Bring Own Devices

AT&T is joining T-Mobile in reducing monthly fees for people who pay for their own devices. It’s the latest break from a longstanding practice of...

Amazon’s Delivery Drones: An Idea That May Not Fly

Jeff Bezos' idea to let self-guided drones deliver packages may be too futuristic for Washington to handle. The Amazon CEO is working on a way...

Americans Click for Deals on Cyber Monday

It's the day of the online deal. Millions of shoppers are expected to click on items on Monday as retailers rev up deals to grab...

Americans Kick Off 2-Day Holiday Shopping Marathon

The holiday shopping season started as a marathon, not a sprint. More than a dozen major retailers from Target to Toys R Us opened for...

Dow Gains for Fifth Straight Day

FIVE STRAIGHT: The Dow Jones industrial average rose for a fifth straight day, its longest winning streak since March, after some encouraging reports on...

US Average on 30-Year Mortgage Rises to 4.29 Percent

Average U.S. mortgage rates rose modestly this week, a move that makes home-buying a bit less affordable. Still, rates remain near historically low levels. Mortgage...

Ford To Recall Escapes Again For Oil, Fuel Leaks

Ford is recalling the Escape small SUV again, this time to fix oil and fuel leaks that could cause engine fires. The hot-selling SUV has...

Americans Not Willing to Spend Without Deals

This holiday season, Americans may not spend their green unless they see more red. Despite signs that the economy is improving, big store chains like...

US Gas Prices Up Average Of 3 Cents A Gallon

After nine weeks of falling gas prices, the average U.S. price of a gallon of gasoline is up 3 cents over the past two...

If Gov’t Backs In-Flight Calls, Will The Airlines?

The Federal Communications Commission might be ready to permit cellphone calls in flight. But what about the airlines? Old concerns about electronics being a danger...

Dow Jones Industrial Average Closes Above 16,000

The Dow Jones industrial average closed above 16,000 for the first time Thursday as encouraging news on the job market pushed stocks higher. The Dow...

Southwest Airlines First To Offer Gate-To-Gate Wi-Fi

Southwest Airline is now the first U.S. airline to offer gate-to-gate Wi-Fi service. This means that passengers can answer emails from the moment they sit...

Average US Rate on 30-Year Mortgage at 4.22 Percent

Average U.S. rates on fixed mortgages declined this week after two weeks of increases, keeping home-buying affordable. Mortgage buyer Freddie Mac says the average rate...

Kia Recalling Minivans In 20 States

Kia Motors Corp. is recalling nearly 80,000 minivans in the U.S. because a suspension part can break and cause drivers to lose control of...

Fed Tapering Concern Weighs on Markets

Renewed jitters over when the U.S. Federal Reserve will start reducing its monetary stimulus kept markets in check Thursday. The catalyst to the caution was...

NY Attorney General Announces $13 Billion Settlement With JPMorgan

JPMorgan Chase & Co. has reached a record $13 billion settlement with federal and state authorities, resolving claims over the bank's sales of mortgage-backed...

Despite Surge, Many Don’t See A Stock Bubble

Is the stock market due for a pullback? The Dow Jones industrial average has surged 900 points since early October and crossed the 16,000-point threshold...

Yahoo Vows to Encrypt All Its Users’ Personal Data

Yahoo is expanding its efforts to protect its users' online activities from prying eyes by encrypting all the communications and other information flowing into...

Dow Jones Industrial Average Hits 16,000 For First Time, Standard & Poor’s 500 Hits...

The Dow Jones Industrial Average cleared 16,000 for the first time, CNBC reported, as investors remained optimistic about ongoing stimulus from the Federal Reserve...

Apple Demands Samsung Pay $380 Million For Copying iPhone, iPad Features

Apple demanded Wednesday that Samsung Electronics pay it $380 million for copying vital iPhone and iPad features, as a billion-dollar patent fight between the...