Financial Center Breaking News

Can a coal town reinvent itself?
GRUNDY, Va. ? Jay Rife surveys the landscape ? hundreds of flat, grassy acres reclaimed from a spent mountaintop mine once operated by the Paramont Coal Company. A few handsome homes stand on one end of the project. An 80,000-square-foot shell, to house some future manufacturing operation, is being built on another. For the intrepid, there are trails for all-terrain vehicles. There?s an R.V. park. The whole site has been wired for broadband. Elk...

Elon Musk buys out the neighbors
The Tesla and SpaceX chief has spent around $100 million on homes, including a cluster of six in a leafy Los Angeles neighborhood.

Amazon Prime one-day shipping apparently doesn?t mean one-day delivery
Prime customers are outraged by holiday shipping delays.

China to waive tariffs on some US soybeans, pork
<p>hina said on Friday it will waive import tariffs for some soybeans and pork shipments from the United States, as the two sides try to thrash out an agreement to defuse their protracted trade war.</p>

The megaprojects that changed countries forever
Megaprojects are complex and expensive ventures that take years to complete. Although the massive scale of these projects makes them fraught with risk, they also have the capacity to bring great economic and social benefits during and after construction. Whether good or bad, these are the megaprojects that have shaped the future of their countries in a big way.

US futures higher ahead of November's jobs report
On the data front, the Labor Department will release nonfarm payrolls for November at 8:30 a.m. ET.

2020 housing forecast is harsh, especially in these cities
Home sales will drop, the housing shortage could become the worst in U.S. history, and in some major cities home values will shrink. That is the crux of the 2020 forecast from researchers at realtor.com, which holds one of the largest data bases of housing statistics available.