Sales of new U.S. single-family homes fell unexpectedly in December, likely held down by a shortage of more affordable homes, but lower mortgage rates supported the overall housing market.

Millions of poor Americans face the hard decision to spend less on food and healthcare because the bulk of their paychecks go to keeping a roof over their head, a report from the Joint Center for Housing Studies of Harvard University released on Friday showed.

The regulator of Fannie Mae and Freddie Mac unveiled on Thursday a program aimed at homeowners who are paying their mortgages on time but whose loan-to-value (LTV) ratios are too high to qualify for traditional refinance programs.

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Lockheed Martin Corp on Tuesday said it expected Europe's MBDA to submit a proposal for a new $4.5 billion missile defense system to the German defense ministry fairly soon, paving the way for negotiations with the government.

Airbus and Boeing raised their long-term forecasts for new aircraft demand on Monday, betting that rising wealth in Asia would continue to boost air travel and offset any short-term hits to the global economy.

Norway has expressed interest in buying five to six Boeing Co P-8 maritime surveillance planes, a senior U.S. Navy official said on Monday.

Italian defense group Leonardo Finmeccanica plans to restart testing of its prototype tilt rotor AW609 aircraft in the coming months following a crash that killed two of its pilots, its chief executive said on Monday.

A thunderstorm grounded displays at the Farnborough airshow in southern England on Monday and forced organizers to evacuate the site in mid-afternoon.

Qatar Airways is in advanced talks with Boeing to buy up to 30 narrowbody planes and will not rule out additional cancellations of delayed deliveries from rival Airbus , the airline's chief executive said on Monday.