construction

New Home Sales Surge Nearly 10% in January

Sales of new U.S. single-family homes surged in January to a level not seen in more than 5 years, which could ease concerns of a sharp slowdown in the housing market.

Caterpillar Earnings Surpass Expectations

Caterpillar posted a stronger-than-expected quarterly profit as the world's largest mining and construction equipment aggressively cut costs to offset sluggish sales.