US mortgage finance firm Fannie Mae – one of the firms at the heart of the financial crisis – has reported a fourth-quarter net loss of $6.5bn.
Inflation in the US economy edged up today with the news that import prices jumped 1% in January.
The number of new homes started in the US jumped in January by nearly 10% to an annual equivalent of 1.3 million homes.
Volkswagen has delivered nearly 900,000 new vehicles to customers around the world in January – an increase of 10.1%.
Ride-hailing app firm Uber has set up a supprt line and is to report crimes immediately to police in London in a bid to improve safety.
Ride-hailing app firm Uber saw its losses spiral by 61% to $4.5bn (£3.2bn) in 2017, up from $2.8bn in 2016 – despite an 85% increase in revenue to $37bn.
US wholesale prices rose in January, in a sign that inflation is starting to have an effect on the economy.
The US economy could overheat and blow up because of excessive government stimulus, a banking chief has warned.
Billionaire investor Warren Buffet is dumping IBM stock to buy into a drugs company as part of a new focus on healthcare.
When Emmanuel Macron swept to power in France’s presidential elections last May, many hoped it would signal a new start for the French economy.
21st Century Fox has pledged to guarantee the independence of Sky News in a bid to win approval for the takeover of the channel’s parent company, Sky plc.
Snapchat is defying the pundits and pulling in users from Facebook, according to new research.
Shoppers kept their wallets in their pockets in January, with spending falling by 1.2%, according to the latest figures from Visa. It was the first fall for the month – usually boosted by the January sales – in five years.
The boss of the world’s leading financial institution has said it’s “inevitable” cryptocurrencies such as Bitcoin will come under government control.
Amazon has bought Immedia Semiconductor, the maker of Blink home security cameras, in a bid to acquire the company’s energy-efficient chip technology.