March existing US home sales fall by 3 percent
A real estate group says sales of previously occupied U.S. homes sank by an unexpectedly large amount from February to March, dashing hopes of a spring housing recovery. |
UPS 1Q profit plunges more than 55 pct.
UPS Inc., the world's largest shipping carrier, said Thursday first-quarter profit plunged as fewer people sent packages and used premium services like next-day air amid the global financial crisis.
ConocoPhillips says profit down 80 percent
ConocoPhillips said Thursday its first-quarter profit tumbled 80 percent from a year ago as sharply lower crude and natural-gas prices walloped results at the nation's third-largest oil company.
New jobless claims rise more than expected to 640K
New U.S. jobless claims rose more than expected last week, while the number of workers continuing to filing claims for unemployment benefits topped 6.1 million.
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