Business » Finance

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Dodging the Dollar Drag: Currency-Hedged Funds are Booming

By Stan Choe | Apr 27
Spanish stocks have climbed 10.9 percent in euros. But for someone counting in U.S. dollars, each of those euros is worth less than at the start of the year. A growing number of funds have been trying to blunt this effect.

US New-Home Sales Collapse in March

Apr 25
Sales of new U.S. homes plummeted in March, as the spring buying season opened with sharp declines in the Northeast and South. The Commerce Department said that new-home sales fell 11.4 percent last month.

Average US Rate on 30-year Mortgage Slips to 3.65 Pct

Apr 24
Average long-term U.S. mortgage rates are down slightly this week and remain near historic lows. Mortgage giant Freddie Mac says the national average for a 30-year fixed -rate mortgage slipped to 3.65 percent from 3.67 percent last week.

Stocks Rise on Tech Earnings; Nasdaq Adds to Record

Apr 24
Stock indexes edged higher in late-afternoon trading Friday, helped by gains in big technology companies including Google, Amazon and Microsoft.

Still Got It: Facebook Mobile Ad Revenue Continues to Surge

Apr 23
Nearly three-quarters of Facebook's advertising revenue now comes from mobile ads, as many more users access the social network on smartphones and other hand-held gadgets.

US Home Sales Bounced Back in March, but Can the Gain Last?

Apr 23
U.S. home sales bloomed in March after a brutal winter, a sign of possible newfound momentum for housing.

Why Your Rent Will Rise Again This Year

Apr 22
Living in an apartment? Expect your rent to go up again. Renting has gotten increasingly expensive over the last five years. The average U.S. rent has climbed 14 percent to $1,124 since 2010, according to commercial property tracker Reis Inc.

Average US Rate on 30-Year Mortgage Edges Up to 3.67 Pct

Apr 20
Average long-term U.S. mortgage rates rose slightly last week but remained close to historically low levels with the spring home-buying season underway.

Stock of Online Marketplace Etsy Surges in Trading Debut

By Mae Anderson | Apr 17
Shares of arts and crafts retailer Etsy surged in opening trading on the Nasdaq Thursday. After pricing at $16 late Wednesday the stock opened at nearly double that level, and hit a high of $35.73 in morning trading.

US Homebuilders' Outlook for Spring Sales Surges

Apr 16
U.S. homebuilders are feeling more optimistic that sales will perk up in coming months as the spring home-selling season unfolds.

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