Sign in to NFL Now to watch the best of the NFL, personalized for you

Latest Business News: Stocks Open Higher as Home Building Advances

Wochit 0:41 mins

Stocks are opening higher on Wall Street after the pace of home construction picked up in May, the latest encouraging sign from the housing market. U.S. builders began construction on more single-family homes and apartments in May, encouraged by more buyers and a scarcity of houses for sale. President Barack Obama hinted in an interview that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying Ben Bernanke has stayed a lot longer than the current chairman had originally planned.

View Comments (0)