Business

Business U.S. trade deficit narrows in July U.S. trade deficit narrows in July
The U.S. trade deficit fell in July to its lowest level since January, as exports of autos, telecom equipment, industrial machines and semiconductors rose.
Business Regulators set rules meant to ward off bank crisis Regulators set rules meant to ward off bank crisis
Federal regulators are set to require big banks to keep enough high-quality assets on hand to survive during a severe downturn, the latest move under congressional mandate to lessen the likelihood of another financial meltdown.
Business Europe's job market has strengths the U.S. doesn't Europe's job market has strengths the U.S. doesn't
Compare unemployment rates, and America's job market looks much stronger than Europe's. The U.S. rate for August, being released Friday, is expected to be a near-normal 6.1 percent. In the 18 countries that use the euro currency, by contrast, it's a collective 11.5 percent.
Business US construction spending up 1.8 percent in July US construction spending up 1.8 percent in July
U.S. construction spending staged a strong rebound in July, rising by the largest amount in more than two years. All major categories of construction showed gains in an encouraging sign that spending on building projects will help boost the economy in the second half of this year.
Business US home prices rose at slower pace in July US home prices rose at slower pace in July
U.S. home prices rose in July but at a slower rate compared with earlier this year. The moderating price increases could help support sales.
Business Atlantic City's Revel starts closing after 2 years Atlantic City's Revel starts closing after 2 years
The most spectacular and costly failure in Atlantic City's 36-year history of casino gambling began to play out Monday when the $2.4 billion Revel Casino Hotel emptied its hotel. Its casino will close early Tuesday morning.
Business N.C. offered $100 million for Toyota HQ, twice Texas bid N.C. offered $100 million for Toyota HQ, twice Texas bid
North Carolina business recruiters offered Toyota more than $100 million in incentives for the world's largest carmaker to move its North American headquarters to Charlotte rather than a Dallas suburb, but still lost out to a Texas offer half that size.