The percentage of homeowners falling behind on their mortgages in the first quarter fell to its lowest level since mid-2007, while some states continue to struggle to work through a large inventory of loans in foreclosure.
Revenue from digital music downloads and subscriptions exceeded those from CDs for the first time in 2014, holding overall sales at about $15 billion globally, according to a trade group.
European car demand for new cars increased 11% in March, marking the highest monthly growth since the same period last year, thanks to double digit sales growth in countries particularly hurt by the economic crisis, such as Spain, Portugal, Ireland and Italy.
