Real Estate
  • U.S. consumer confidence dips; housing starts miss forecasts

    U.S. consumer confidence dips; housing starts miss forecasts

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - U.S. consumer sentiment ebbed in August and residential construction rose less than expected last month, potentially dimming hopes of an acceleration in economic activity in...

  • The Hottest Spots in the Housing Recovery

    By Cnbc Staff, CNBC

    The housing market is recovering- but some parts of the country are doing better than others- here’s where the hot spots are:

  • Cisco cutting 4,000 jobs, CEO sees slow progress

    Cisco cutting 4,000 jobs, CEO sees slow progress

    By Bill Rigby, Reuters

    (Reuters) - Network equipment maker Cisco Systems Inc is cutting 4,000 jobs, or 5 percent of its workforce, as it makes a fresh attempt to reduce costs and refocus on growth areas in the face of...

  • Icahn says bigger buybacks can drive Apple shares to $700

    Icahn says bigger buybacks can drive Apple shares to $700

    By Edwin Chan and Jennifer Ablan, Reuters

    SAN FRANCISCO/NEW YORK (Reuters) - Activist investor Carl Icahn said he has amassed a "large position" in Apple Inc and believes the stock could be worth as much as $700 a share if Chief Executive...

  • U.S. sues to block AMR-US Airways merger; stocks fall

    U.S. sues to block AMR-US Airways merger; stocks fall

    By David Ingram and Karen Jacobs, Reuters

    WASHINGTON (Reuters) - The U.S. government on Tuesday sued to block American Airlines and US Airways' proposed merger to create the world's biggest airline, saying consumers would end up paying...