The Dow turned volatile as the trade war between the US and China escalated the last two weeks, producing stock losers and winners.
Author: Yan Zhang, USA TODAY
US housing starts regained momentum, rising 5.7% in April
Housing starts rose 5.7% in April, picking up momentum after slowing growth over the past few months. Building permits also rose, another good sign.
China’s state party posts defiant message about trade war with U.S. on social media site
The Chinese government posted a defiant message about its trade war with the U.S. on social media. “Bully us, wishful thinking!” it said in part.
Sears expands DieHard brand to lawn and garden tools after surviving bankruptcy
Sears plans to expand its DieHard battery brand as the retailer seeks to regain momentum after survivingChapter 11 bankruptcy.
PepsiCo offers to settle lawsuit with Indian farmers over their use of patented Lays potatoes
PepsiCo offered to settle its lawsuit against four Indian farmers over their cultivation of patented potato varieties.
Mortgage applications fall as higher rates chill buyers
Mortgage applications decreased 7.3% last week. The 30-year fixed mortgage rate is at its highest level in over a month, discouraging some home buyers