U.S. home prices increased at a slower pace in June - a cooldown that could continue for several more months.
Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit.
Business orders for long-lasting manufactured goods shot up by the largest amount on record in July. But most of the strength came from demand for commercial aircraft, which tends to fluctuate sharply from month to month. Outside of transportation, orders dipped.
Burger King says it struck a deal to buy Tim Hortons Inc. for about $11 billion, a move that creates the world's third-largest fast-food company and could accelerate the international expansion of the Canadian coffee and doughnut chain.
Burger King is in talks to buy doughnut chain Tim Hortons and create a new holding company headquartered in Canada, a move that could shave its tax bill.
Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery.
Toyota Motor Corp. is bringing back the Land Cruiser 70 in Japan, catering to nostalgic demand for the rugged off-roader that's favored for challenging terrains and as an aid agency vehicle in disaster zones.
Swiss pharmaceutical company Roche said Sunday it has reached an $8.3 billion deal to buy InterMune Inc., a California-based developer of treatments for lung diseases.
The average U.S. price of gasoline has dipped 4 cents per gallon in the past two weeks, and prices in California have fallen 5 cents in the same time period.