Business News

Business More Americans to buy homes with 3 percent down More Americans to buy homes with 3 percent down
Some Americans will soon be able to buy a home with a down payment as low as 3 percent, compared with the current minimum of 5 percent, the mortgage giants Fannie Mae and Freddie Mac say.
Business China trade growth tumbles in November China trade growth tumbles in November
China's export growth tumbled in November and imports contracted unexpectedly in a new sign of weakness in the world's second-largest economy.
Business US adds 321,000 jobs, the most in nearly 3 years US adds 321,000 jobs, the most in nearly 3 years
U.S. employers added a whopping 321,000 jobs in November, the biggest burst of hiring in nearly three years and the latest sign that the United States is outperforming other economies throughout the developed world.
Business Bebe discloses data breach
Bebe stores Inc. said Friday that it recently detected suspicious activity on computers that run the payment processing system used for its stores, making it the latest company to disclose a data breach.
Business U.S. unemployment aid applications fall below 300,000 U.S. unemployment aid applications fall below 300,000
The number of people seeking U.S. unemployment benefits slipped below 300,000 last week, after having spiked above that level in the prior week for the first time in nearly three months.
Business LL Bean struggles to meet demand for iconic boot LL Bean struggles to meet demand for iconic boot
Whether it's "lumberjack chic" or old-school utility, demand for L.L. Bean boots is surging - so much so that some customers will have to wait until February to get their holiday purchases.