
Fewer millennials buy homes though wages rise
By Zhu Zhu An improving job market and rising wages in 2016 had housing experts and economists predicting that millennials, those between the age of

By Zhu Zhu An improving job market and rising wages in 2016 had housing experts and economists predicting that millennials, those between the age of

By Jiefei Liu Metals markets are rallying, due to expected economic growth and inflation pressure, and insiders expect the trend to keep going for some

By Yemeng Yang Wall Street is divided about the stock of Tesla Motors Inc., even as investors are cheering the electric car maker’s prospects under

By Shen Lu Boeing Co. on Wednesday reported a 59 percent surge in fourth-quarter earnings and a “robust” multi-year order backlog. The increase well topped

By Mengjie (Jessie) Jiang Illinois Tool Works Inc. on Wednesday reported better-than-expected fourth-quarter earnings boosted by a recent acquisition and strong organic growth. Net income

By Rachel Newman Abbott Laboratories, Inc. reported an almost 4 percent increase in profit, driven by strength in its diagnostics and medical device businesses that

By Yingcong(June) Fu Shares of Verizon Communications Inc. fell more than 4 percent on Tuesday after the company reported a decline in earnings and wireless

By Mindy Tan Existing-home sales decreased 2.8 percent to a seasonally adjusted annual rate of 5.49 million in December from an upwardly revised 5.65 million

By Karen Lentz The state unemployment rate increased to 5.7 percent in December, 0.1 percentage point above 5.6 in November, and one percentage point above

By Zhu Zhu Shares of D.R. Horton Inc., the largest U.S. homebuilder, surged nearly 6 percent Tuesday, as earnings and revenues handily beat analysts’ expectations.