U.S. 30-year mortgage rate falls to record 3.75%

Average U.S. rates on 30-year and 15-year fixed mortgages dropped to record lows again this week, with the 15-year loan dipping below 3 percent for the first time ever. Low rates have helped brighten the outlook for home sales this year. Mortgage buyer Freddie Mac says the average rate on the 30-year...

Google offers virtual tours of world-famous sites

 A virtual stroll among the ruins of Pompeii or into the temples of Kyoto is available to anyone with an Internet-connected device through Google's new World Wonders project. The Mountain View, Calif.-based company is offering virtual tours of 132 famous sites in 18 countries as part...

U.S. economy appears weaker ahead of jobs report

The U.S. economy is looking slightly weaker one day before a critical report on May job growth. Growth was a little slower in the first three months of the year than first estimated, largely because governments and consumers spent less and businesses restocked their supplies more slowly. The...

United States crushed by Brazil, 4-1

Neymar scored a goal and was involved in two others as Brazil beat the United States 4-1 in an international friendly on Wednesday night. The 20-year-old Santos star kicked a penalty to put Brazil ahead in the 12th minute after a hand ball by Oguchi Onyewu and then, 14 minutes later, took a corner...

United Airlines to cut 1,300 Houston jobs

United Airlines is cutting 1,300 jobs and reducing flying in Houston after it lost a fight to keep Southwest Airlines from adding international flights there. United had warned of the job cuts if the city council voted to allow Southwest to add international flights at Houston's Hobby airport....

Dewey & LeBoeuf law firm files for bankruptcy in New York

In one of the largest law firm failures in U.S. history, embattled New York firm Dewey & LeBoeuf LLP has filed for bankruptcy, a move that will be followed by liquidation. The debt-laden firm filed the papers in federal court in Manhattan Monday night. It says it will keep about 90 employees...

LeBron James' 32 points lift the Miami Heat past the Boston Celtics, 93-79

A big early Miami lead was wasted. Once the Heat took control again, they simply ran away from the Boston Celtics. And the NBA finals are now three wins away for LeBron James and the Heat. James scored 32 points and grabbed 13 rebounds, Dwyane Wade scored 10 of his 22 points in the fourth...