Business

Business U.S. homebuilder sentiment improves in August U.S. homebuilder sentiment improves in August
U.S. homebuilders grew slightly more optimistic about the housing market in August, putting their confidence at levels last seen a decade ago during the debt-fueled housing boom.
Business Foreign companies around Tianjin blast suspend operations Foreign companies around Tianjin blast suspend operations
Foreign companies have suspended operations around the Tianjin port as officials scramble to contain the toxic fallout of last week's deadly chemical explosions, which dealt a blow to northern China's emerging economic hub.
Business IMF: China is managing transition to more stable growth IMF: China is managing transition to more stable growth
The International Monetary Fund delivered a reassuring economic assessment of China on Friday, at the end of a week that saw the Chinese currency plummet and global stock markets buckle at the prospect of more bad news from the world's second-biggest economy.
Business J.C. Penney's quarterly results show turnaround gaining traction J.C. Penney's quarterly results show turnaround gaining traction
J.C. Penney's turnaround is gaining traction. The department store chain said Friday that its losses narrowed in the second quarter on better-expected sales, fueled by men's clothing, fine jewelry and the beauty brand Sephora.
Business European economy slows in 2nd quarter as France falters European economy slows in 2nd quarter as France falters
The 19-country eurozone economy weathered the second quarter's troubles - notably the escalating crisis in Greece - with only a small drop in growth, but disparities between nations remain that could cause problems.