Business News

Some fear auto industry returning to bad habits
Big discounts. Six- or seven-year loans, in some cases to buyers who would have been turned down in the past.
New York: Bank didn't lend to blacks in Buffalo
New York's attorney general is accusing a mortgage lender of refusing to offer financing to African-Americans living in Buffalo.
IMF: Ukraine may need another bailout due to war
The International Monetary Fund says Ukraine will need billions of dollars in additional support if the fighting between the military and Russian-backed separatists in the country's east persists.
Politico founder named new Washington Post publisher
Katharine Weymouth is stepping down as publisher of The Washington Post and will be replaced by Frederick Ryan, who previously led Politico.
US construction spending up 1.8 percent in July
U.S. construction spending staged a strong rebound in July, rising by the largest amount in more than two years. All major categories of construction showed gains in an encouraging sign that spending on building projects will help boost the economy in the second half of this year.
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