Federal Reserve officials believed last month that the economic conditions needed to trigger the first interest rate hike in nearly a decade could "well be met" by their next meeting in December.
The costs of food, gasoline, shelter and medical care rose last month, a sign that consumer inflation may be moving up toward the Federal Reserve's target level and keeping the Fed on track to raise short-term interest rates from record lows next month.
U.S. manufacturing output rose in October for the first time in three months as factories cranked out more steel, cars and computers.
U.S. homebuilders are feeling slightly less confident in their sales prospects heading into next year, even as their overall sales outlook remains favorable.
Federal Reserve Chair Janet Yellen said Tuesday that legislation supported by House Republicans to make the Federal Reserve more transparent and accountable would be a "grave mistake" that could harm the U.S. economy.
The Home Depot Inc. reported its profit rose 12.2 percent in its fiscal third-quarter as sales gained ground, fueled partly by a continued housing market recovery. Its shares rose almost 4 percent in midday trading Tuesday.
Tensions with China and the Paris attacks could upstage trade issues at the Asia Pacific Economic Cooperation summit, being held under extra-heavy security in the Philippine capital this week.
Hotel behemoth Marriott International is becoming even larger, taking over rival chain Starwood in a $12.2 billion deal that will catapult it to become the world's largest hotelier by a wide margin.
A Pittsburgh company that enrolls more than 100,000 students at for-profit trade schools and colleges across the U.S. is not admitting wrongdoing as part of a $95.5 million settlement with the Obama administration.
Investor Warren Buffett's company sold some of its Goldman Sachs and Wal-Mart shares during the third quarter, and made several smaller changes to its stock portfolio.
Official figures show that inflation in the 19-country eurozone was 0.1 percent in the year to October, slightly higher than the initial estimate of no change.
The value of stocks, crude oil and the European currency is likely to fall this week as investors worry about what the Paris terror attacks will do to consumer confidence and key parts of the global economy.
Grocer Albertsons will get 34 stores in the Haggen's bankruptcy auction.
The prices charged by farmers, manufacturers and other producers fell in October for the second straight month, fresh evidence that there is little sign of inflation in the U.S. economy.
Volkswagen's flagship brand saw global auto sales fall 5.3 percent in October in the wake of a scandal over cars equipped with software that let them cheat on U.S. diesel emissions tests.