Average median house price declined to $389,500 in August, compared to high of $413,800 in June. But median house price still higher than a year ago.
Big Oil’s run of record profit will suffer only a minor dent for the third quarter, even as the global economy shows signs of cracking under pressure.
Treasury Secretary Janet Yellen says U.S. financial system is functioning well despite elevated global volatility.
Global equity market rout has further to run, according to the head of a fund that’s beating 80% of peers.