New Home Sales and Prices Off Sharply in August

Sales hit their lowest rate in over seven years, as tighter credit and rising inventories hurt the housing industry. Read more…


Business

State of the Art: High-Speed Video Store in the Living Room

Vudu?s new $400 movie box, to be available at month?s end, offers a choice of nearly 5,000 films. Read more…


Apple Cuts iPhone Price and Revamps iPods

Steven P. Jobs, the chief executive, called the moves a ?total refresh? of the iPod. Read more…


Stocks Fall Sharply on Home and Fed Reports

A report suggested that housing troubles were deepening and a Fed survey dampened hopes for an interest rate cut. Read more…


New Concerns in Europe About Credit Fallout

The European Central Bank said volatility appeared to be returning after a period of stability, and the O.E.C.D. warned of ?ominous? risks to the global economic outlook. Read more…


Citigroup Closing Its Tribeca Fund

Citigroup Alternative Investments is shutting down the hedge fund as its new leader, Vikram S. Pandit, puts his stamp on the long-overlooked division. Read more…


Boeing to Delay 787 Test Flight

The company said it did not expect the delay to postpone delivery of the first plane. But it said it will be a significant compression of the program for testing and safety certification. Read more…


Edward Gramlich, 68, Dies; Former Fed Governor

Edward M. Gramlich foresaw a looming crisis in home mortgage practices and ran a federal board created to aid the airlines after the 9/11 attacks. Read more…


Fed Survey Finds Economy Holding Up

Financial market turbulence has noticeably hurt housing activity across the U.S. in recent weeks but other sectors of the economy have so far been spared, the Fed said. Read more…


O.E.C.D. Sees a ?Drag? in U.S. Growth

The United States economy faces a significant economic slowdown that should lead the Federal Reserve to ease interest rates, a senior O.E.C.D. official said today. Read more…


Boeing Delays First Flight for 787

The first flight will be pushed well into the fall because of delays in completing assembly of the first plane and in finalizing flight-control software, a company executive said. Read more…



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