Coming Up: July Consumer Confidence
Data on consumer confidence in July are scheduled for release at 10 a.m. from the Conference Board.
Intuit: Small Business See Weak Employment Growth, Revenue Falls in June
Small business revenues continued to fall in June as employment growth was also weak, according to research conducted by Intuit Inc. (INTU).
S&P Case-Shiller: U.S. Home Prices Rise 2.2% in May
U.S. home prices rose during May--the second straight month of improvement after a long streak of declines, according to Standard & Poor's Case-Shiller home-price indexes.
Stocks Start on the Fence
Stocks inched lower as Wall Street continues to anxiously await potential help from central bankers in the U.S. and Europe and traders parse the latest economic data.
Total Buys Rights To Seek Oil In 2 Iraq Areas
French oil company Total SA (TOT) Tuesday said it completed the acquisition of a 35% stake in two oil and gas exploration areas in Iraqi Kurdistan from U.S.-based Marathon Oil Corp. (MRO) for an undisclosed amount.
Deutsche Bank: Internal Interbank Rates Probe Clears Board Members
Deutsche Bank AG (DB) said Tuesday that a status report on an internal probe regarding interbank offered rates cleared all current and former management board members of potential wrongdoing.
Redbook: U.S. Retail Sales Down 1.4% in First Four Weeks of July Vs June
National chain store sales fell 1.4% in the first four weeks of July from June, according to Redbook Research's latest indicator, released Tuesday.
UK Housing Market Woes Show No Sign Of Receding, Analysts Say
The U.K. housing market is suffering despite government-backed schemes and there is no sign of a significant improvement any time soon, analysts said.
GE Energy CEO John Krenicki to Join Private-Equity Firm
General Electric Co.'s (GE) John Krenicki, chief executive of GE Energy, will join the private-equity firm Clayton, Dubilier & Rice LLC as a senior operating partner in January 2013.
Home Prices Rise in May from April, Still Down for Year
Home prices in 20 major U.S. metropolitan areas climbed in May from April, the S&P/Case-Shiller report showed. Still, prices fell from the same month in 2011.