Business

Business Passenger jets push Boeing's profit up 18 percent Passenger jets push Boeing's profit up 18 percent
Robust demand for commercial jets and an increased pace of production helped Boeing earn $1.36 billion in the third quarter, up 18 percent from the same period last year.
Business Sales of existing U.S. homes rise in September Sales of existing U.S. homes rise in September
U.S. homes sold in September at their fastest clip this year, a sign that the housing market is shaking off a slowdown that began in the middle of 2013.
Business Unemployment rates fall in 31 states last month Unemployment rates fall in 31 states last month
Unemployment rates fell in 31 U.S. states in September, including in many where incumbent governors and senators face tough re-election campaigns. The report is the final data on state unemployment before the Nov. 4 elections.
Business New rules adopted in hopes of spurring home loans New rules adopted in hopes of spurring home loans
Banks will get a break in easier rules for packaging and selling mortgage securities and fewer borrowers will have to make hefty down payments under actions taken by federal regulators.
Business Coke to slash costs as soda sales remain flat Coke to slash costs as soda sales remain flat
Coca-Cola said it plans to slash costs by $3 billion a year after the world's biggest beverage maker reported disappointing sales on flat soda volume.
Business McDonald's CEO outlines changes as sales slide McDonald's CEO outlines changes as sales slide
McDonald's CEO Don Thompson said Tuesday the company hasn't been keeping up with the times and that changes are in store for its U.S. restaurants.
Business Survey: Pay raises rarer despite strong U.S. hiring Survey: Pay raises rarer despite strong U.S. hiring
U.S. businesses were much less likely to boost pay in the third quarter than in previous months, even as hiring remained healthy, a sign that wage gains may remain weak in the coming months.
Business China's growth likely to slow, research group says China's growth likely to slow, research group says
China's economic growth will decelerate to 4 percent a year between 2020 to 2025 - well below widespread expectations of steady 7 percent to 8 percent growth over the next decade, a business research group predicted.
Business Market turmoil: A gift for mortgage refinancers? Market turmoil: A gift for mortgage refinancers?
The opportunity emerged from the tumult that seized financial markets and sent stock prices and bond yields tumbling. Rates on long-term mortgages tend to track the 10-year Treasury yield, which fell below 2 percent for the first time since May 2013.
Business What's been happening in markets this month What's been happening in markets this month
On Sept. 18, the U.S. stock market reached a record high after a mostly uneventful summer. Long-term interest rates headed higher, a sign that investors expected steady U.S. growth. A widely watched measure of volatility in the U.S. stock market was near its lowest level of the year, and European markets were heading higher after a nasty downturn over the summer. The price of crude oil was declining, but nothing like the sudden plunges that would come weeks later.
Business What's next after wild week for stocks? What's next after wild week for stocks?
Temperamental, flighty, prone to violent mood swings, the market took investors on a wild ride this week. From one day to the next, even within a few hours, stocks swung from despair to optimism, deep losses to big gains.