construction

April Retail Sales Unexpectedly Rise

U.S. retail sales unexpectedly rose in April as households bought automobiles, building materials and a range of other goods, pointing to underlying strength in the economy.

Six Upbeat Money Trends of 2012

Between the elections, the fiscal cliff, and the endless battles over taxes, expenditures, and budget issues both big and small, 2012 has been a difficult year. But, amid all the sound and fury, there have also been promising developments on the financial front. Here's a look at a few of our favorite money stories of this year.

Can Dubai Revive Its Crazy Mega-Construction Boom?

Before the Great Recession, Dubai built some truly flamboyant real estate projects, including the world's tallest skyscraper and an archipelago of man-made islands. Now, Dubai wants to return to the days of such massive projects, but this time around, financing will be much harder to come by.

U.S. Housing Construction Jumps to 4-Year High

U.S. builders started construction on homes in September at the fastest rate since July 2008, a further indication that the housing recovery is strengthening and could help the economy grow.