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Asia stocks slip as U.S. rate risk lifts bond yields

SYDNEY Asian shares slipped on Thursday as the risk of faster hikes in U.S interest rates lifted short-term Treasury yields to the highest in almost a decade and boosted the dollar.

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Tight supply, rising prices undercut on U.S. home sales

WASHINGTON U.S. home sales unexpectedly fell in January, leading to the biggest year-on-year decline in more than three years, as a chronic shortage of houses lifted prices and kept first-time buyers out of the market.

1:03pm EST

Wall Street falls as Fed minutes send bond yields higher

NEW YORK U.S. stocks closed lower on Wednesday in a rocky session after the release of the minutes from the Federal Reserve's January meeting pushed yields on the benchmark 10-year U.S. Treasury note to a four-year high. | Video

6:28pm EST

Mexico's labor standards no obstacle to NAFTA deal: Mexican minister

MEXICO CITY Tensions over Mexico's labor standards will not prevent the signatories to the North American Free Trade Agreement (NAFTA)from reaching an accord to overhaul the deal, the country's labor minister said on Wednesday.

5:50pm EST

Ford U.S. chief departs abruptly after behavior probe

DETROIT Ford Motor Co said on Wednesday that Raj Nair, its president for North America, was leaving the company immediately after an internal investigation found his behavior was "inconsistent with the company's code of conduct."

6:30pm EST

Americans prefer bank branches over mobile apps for opening new accounts

NEW YORK Mobile banking apps keep getting better, but 60 percent of Americans would still rather open a new checking account in person at a bank branch than on a phone, tablet or desktop computer, according to a new survey.

1:06pm EST

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