Federal Reserve policy-makers decided to keep its wording on the timing of any interest rate hikes out of concern that a change could be misinterpreted by financial markets.
U.S. sales of new homes were nearly flat in September, after the government sharply revised downward what was initially an August surge in buying.
Federal regulators are proceeding with new rules that ease guidelines for banks selling mortgage securities and could mean fewer borrowers will need to make hefty down payments.
Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding.
Purchases of autos, gasoline, furniture and clothing slowed, a sign that recent job gains have yet to significantly boost consumer spending.
Federal Reserve officials agreed last month that they would begin raising interest rates only when measures of the economy's health and inflation signalled the time was right.
The Commerce Department says new-home sales climbed 18% last month.
Scotland's decided to reject independence from the U.K., and that’s shored up British stocks.
Financial group Standard Life says it's ready to move parts of its business to England if Scotland votes for independence next week.
Former Republican Congressman Eric Cantor is joining investment bank Moelis & Co. as vice chairman and managing director.