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MARKS & Spencer yesterday sent a shockwave through the retail sector by issuing a surprise profit warning, having been hit by slowing sales in its core UK market.

CONSTRUCTION activity in the UK fell at its fastest rate for at least 11 years last month in a further sign of worsening conditions in the housing industry.

ROBERT Adair, the chairman of Glasgow-based Terrace Hill, sounded a rare note of confidence in the property sector saying he is prepared to invest more of his own money to do

Casual Fridays take on a whole new meaning in Utah starting next month. Utah state employees will not be coming in on Fridays. It's a move meant to save on commuting and energy costs.

Employers trimmed jobs from their payrolls in June for the sixth straight month, as the government's closely watched report Thursday showed continued weakness in the labor market.

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In some parts of the country, house prices are dropping faster outside cities rather than inside them. It could be because migration to America's fastest growing areas has slowed in the past year. Co-host Ari Shapiro talks to William Frey, a senior fellow at the Brookings Institution, about the housing markets that are cooling fastest, and why.

U.S. automakers could enter market soon if free-trade pact is approved.

China's leader calls on U.S. to address falling dollar.