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Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.
Financial markets around the world were roiled Thursday after Japanese stocks suffered their biggest slide since the country was hit by a devastating tsunami more than two years ago.
Police say an expensive necklace was stolen overnight in the luxurious resort town of Cap d'Antibes, the second jewelry theft on the French Riviera during the Cannes Film Festival.
Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering.
Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.
A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program.
The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth.
Suicide bombers in Niger detonated two car bombs simultaneously on Thursday, one inside a military camp in the city of Agadez and another in the remote town of Arlit at a French-operated uranium mine, killing a total of 26 people and injuring 30, according to officials in Niger and France.
The United States and Israel raised hopes Thursday for a restart of the Middle East peace process, despite little tangible progress so far from U.S. Secretary of State John Kerry's two-month-old effort to get Israelis and Palestinians back to the negotiating table.
A large bomb hidden by the Taliban in a rickshaw exploded as a police vehicle passed in southwest Pakistan on Thursday, killing 11 policemen and two civilians, police said.
The Indians ended a long day at the ballpark soggy and sleepy.
Paul Konerko would have loved the sweep. This wasn't bad, though.
James Shields had another strong start for Kansas City on Wednesday night. Unfortunately for Shields and the Royals, the rest of the game was also familiar.
Justin Verlander overcame a rocky start and rain delay to get his fifth win and Miguel Cabrera hit another homer as the Detroit Tigers beat the Cleveland Indians 11-7 on Wednesday night, sweeping the two-game series between the AL Central's top teams.
Rookie Brandon Maurer is going through some growing pains, and the Seattle Mariners are feeling ill, too.
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