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The stock market is moving higher in midday trading after the government reported gains in home construction and low inflation.
In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching fire in rear-end collisions.
Chrysler is expected to file papers Tuesday explaining its refusal to recall 2.7 million older Jeep SUVs.
U.S. builders stepped up home construction in May and applied for permits to build single-family homes at the fastest pace in five years. The gains show housing remains a key source of growth for the economy.
Chrysler abruptly agreed to recall 2.7 million older model Jeeps Tuesday, reversing a defiant posture and avoiding a possible public relations nightmare over fuel tanks that can catch fire in a rear-end collision.
Duke Energy's chief financial officer will take over for retiring CEO Jim Rogers at the end of the month.
Chrysler abruptly agreed to recall 2.7 million older model Jeeps Tuesday, reversing a defiant stance and avoiding a possible public relations nightmare over fuel tanks that can rupture and cause fires in rear-end collisions.
Duke Energy Corp., the nation's largest electric utility, named Chief Financial Officer Lynn Good to replace Jim Rogers next month as CEO.
U.S. consumer prices rose slightly last month, as higher energy costs partly offset cheaper food. The small increase is further evidence that consumers are benefiting from mild inflation.
Although job seekers may overshare in interviews with negative statements about a previous employer, they risk falling victim to it.
ONE DIRECTION: All the major U.S. stock indexes were up Tuesday. Reports of increased home building and low inflation helped boost the market, but the Federal Reserve's Wednesday afternoon news conference was top of mind for many investors.
Descendants of German automobile entrepreneur Ferdinand Porsche have bought back a 10 percent stake in their holding company from Qatar's sovereign wealth fund.
Angry tourism workers and activists in Luxor threatened Monday to block a newly appointed Islamist governor from his office because of his links to a former militant group that killed scores of people in a 1997 attack in the ancient city and devastated Egypt's sightseeing industry.
Soybeans dropped as improving weather across the Midwest boosted the outlook for this year's crop.
Here's the latest goal for food makers: Perfect the art of imperfection.