U.S. new home sales hit seven-month low as prices soar

New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months amid a surge in prices, raising concerns of a slowdown in the housing market recovery. Coming on the heels of data this month showing a tumble in home building and permits in July, the weak sales pace suggests that housing could remain a drag on economic growth in the third quarter. "The third-quarter sales data are starting out significantly below the second-quarter average, and many other housing reports have also shown some recent weakening in their respective trends," said Daniel Silver, an economist at JPMorgan in New York.

Committed to a great missile defense system: President Tr…

President Trump gives a speech at the American Legion National Convention in Reno, Nevada today.

Need to heal wounds that divide us: President Trump

President Trump gives a speech at the American Legion National Convention in Reno, Nevada today.

Fleets see 7.11mpg in NACFE fleet fuel study

Robot makers slow to address cyber risk: researchers

Researchers who warned half a dozen robot manufacturers in January about nearly 50 vulnerabilities in their home, business and industrial robots, say only a few of the problems have been addressed. The researchers, Cesar Cerrudo and Lucas Apa of cybersecurity firm IOActive, said the vulnerabilities would allow hackers to spy on users, disable safety features and make robots lurch and move violently, putting users and bystanders in danger. While they say there are no signs that hackers have exploited the vulnerabilities, they say the fact that the robots were hacked so easily and the manufacturers' lack of response raise questions about allowing robots in homes, offices and factories.

Flint scholarship plan gets $2M from Pistons owner, utility

Detroit Pistons owner Tom Gores and a major Michigan utility's foundation each committed $1 million Wednesday to covering college tuition for Flint high school graduates in the wake of the city's water ...

College football on Facebook: Site to stream 15 games in ’17

Facebook has struck a deal for exclusive rights to live stream 15 college football games this season, beginning next week. The agreement with Stadium, a digital sports network, gives Facebook the rights ...