U.S. home prices see first rise in three years

U.S. single-family home prices rose in May from April, the first monthly increase in nearly three years, suggesting prices may be stabilizing, according to Standard & Poor's/Case Shiller home price indexes on

Job woes sap U.S. consumer confidence in July

U.S. consumer confidence fell more than expected in July, the Conference Board said on Tuesday, recording its second consecutive decline as sentiment remained hampered by a difficult job market. The Conference Board,

IBM to buy SPSS for $1.2 billion in cash

International Business Machines Corp (IBM.N) plans to buy technology services company SPSS Inc (SPSS.O) for about $1.2 billion in cash, the companies said on Tuesday. SPSS shareholders will receive $50 a share,

Sprint to buy Virgin Mobile USA

Sprint Nextel Corp said it will buy Virgin Mobile USA in a deal that values the equity of the small wireless carrier at $483 million, including Sprint's current 13.1 percent stake. Sprint,