LGI Homes (LGIH) is the Barchart Chart of the Day. The entry level home builder has a Trend Spotter buy signal, a Weighted Alpha of 106.50+ and gained 64.32% in the last year.
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LIMA, Peru (AP) — Latin America's economy is expected to enter recession this year for the first time since the end of the global financial crisis as China's slowdown drives lower demand for the region's commodities, threatening to undo recent progress in reducing poverty, the International Monetary Fund said Wednesday. (full story)
LOS ANGELES (AP) — Sometimes what worked in the old days of TV can work online. A celebrity star. A funny show brought to you by a major sponsor. The ability to seep into the nation's collective cultural consciousness. (full story)
NEW YORK (AP) — An early rally in stock prices lost steam by Wednesday afternoon following as crude oil prices gave up much of their gains. Yum Brands plunged after cutting its profit forecast for the year, citing weakness in China. (full story)