Economy
New home construction fell to its lowest level since April 2009.
Sources: CNN Money
Sources: CNN Money
American retailer Sears files for Chapter 11 bankruptcy after accumulating USD $134 million in debt.
U.S.-based electric automobile maker Tesla fires 400 employees.
Google strikes a $1.1bn (£822m) deal with Taiwan's HTC to expand its smartphone business.
The economy of the United States adds 223,000 jobs in April with unemployment falling to 5.4%.