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Existing US home fell in December as supplies at 17-year low

Josh Boak, Associated Press  |  Posted  Jan 24th - 9:11am

Americans retreated from purchasing homes in December, as the number of properties listed for sale sank to its lowest level since 1999.

New study: Trump to inherit $559B deficit, stable economy

Andrew Taylor, Associated Press  |  Posted  Jan 24th - 9:10am

President Donald Trump has inherited a stable economy and a government that is on track to run a $559 billion budget deficit for the year, congressional analysts said Tuesday.

UPDATED

UK government loses Brexit case, must consult Parliament

Danica Kirka, Associated Press  |  Posted  Jan 24th - 9:03am

Britain's government must get parliamentary approval before starting the process of leaving the European Union, the Supreme Court ruled Tuesday, potentially delaying Prime Minister Theresa May's plans to trigger exit negotiations by the end of March.

Germany: Social Democrats leader won't run for chancellor

The Associated Press  |  Posted  Jan 24th - 9:00am

The leader of Germany's Social Democratic Party said Tuesday he won't stand as the party's candidate for chancellor in this fall's national election, shaking up the political landscape on the same day the country's president confirmed the election will be held Sept. 24.

The Latest: James Comey staying on as FBI director

The Associated Press  |  Posted  Jan 24th - 9:00am

The Latest on President Donald Trump (all times local):

Senate committee approves nomination of Elaine Chao to head transportation department

The Associated Press  |  Posted  Jan 24th - 8:50am

Senate committee approves nomination of Elaine Chao to head transportation department.

EU to Trump: Trade barriers, building walls 'doomed to fail'

Raf Casert, Associated Press  |  Posted  Jan 24th - 8:50am

The European Union on Tuesday told President Donald Trump that his "America First" and protectionist trade policies are "doomed to fail" and said the kind of trade deals like the one he scuttled with the Asian Pacific countries "are a handy scapegoat."

Ask Brianna: How can I avoid my parents' money mistakes?

Brianna McGurran, Associated Press  |  Posted  Jan 24th - 8:50am

all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to askbrianna@nerdwallet.com.

Grain lower, livestock higher

The Associated Press  |  Posted  Jan 24th - 8:41am

Grain futures were lower Tuesday in early trading on the Chicago Board of Trade.

Grain lower, livestock higher

The Associated Press  |  Posted  Jan 24th - 8:40am

Grain futures were lower Tuesday in early trading on the Chicago Board of Trade.

Trump budget pick Mulvaney faces Senate hearing

The Associated Press  |  Posted  Jan 24th - 8:32am

Rep. Mick Mulvaney, President Donald Trump's staunchly conservative choice to lead the White House budget office, says the government's "debt is a problem that must be addressed sooner, rather than later."

NYC to spend $1B to upgrade leaky public housing roofs

The Associated Press  |  Posted  Jan 24th - 8:20am

Mayor Bill de Blasio is announcing a $1 billion commitment to fix leaky roofs in New York City's public housing complexes.

Trump courts business, labor in delicate balancing act

Laurie Kellman, Associated Press  |  Posted  Jan 24th - 8:20am

President Donald Trump's opening work day offered a look at his tricky balancing act between American businesses and the working-class voters who propelled his march to the White House.

Trump to sign orders advancing Keystone, Dakota pipelines

Julie Pace, Associated Press  |  Posted  Jan 24th - 8:20am

President Donald Trump will sign orders Tuesday to advance the construction of the Keystone XL and Dakota Access oil pipelines, a pair of projects that were blocked by the Obama administration due in part to environmental concerns.

How a Trump tariff could sideswipe US auto industry

Dee-Ann Durbin, Associated Press  |  Posted  Jan 24th - 8:10am

The threat from President Donald Trump to tax Mexican-made cars sold in the U.S. would throw the industry into disarray, analysts say, forcing some uncomfortable choices: Raise car prices or swallow the cost. Stop selling Mexican-made cars in the U.S. but risk losing customers. Move production to the U.S. but make less money.

Congressional Budget Office projects President Donald Trump to inherit stable economy, $559B budget deficit

The Associated Press  |  Posted  Jan 24th - 8:01am

Congressional Budget Office projects President Donald Trump to inherit stable economy, $559B budget deficit.

Pittsburgh's tallest building, US Steel Tower, for sale

The Associated Press  |  Posted  Jan 24th - 8:01am

Pittsburgh's tallest building is for sale, and the U.S. Steel Tower could go for a sky-high price.

Americans retreated from buying homes in December, as number of properties for sale sank to lowest level since 1999

The Associated Press  |  Posted  Jan 24th - 8:01am

Americans retreated from buying homes in December, as number of properties for sale sank to lowest level since 1999.

Ikea recalls beach chair globally after injury reports

The Associated Press  |  Posted  Jan 24th - 7:51am

Swedish furniture retailer Ikea is recalling a beach chair globally after receiving reports that it can collapse and cause injury, such as by pinching fingers.