Economy

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Reports on Consumer Confidence, GDP Tug at Stocks

Stocks slide after report shows consumers remain gloomy, gov't reports slower economic growth By STEPHEN BERNARD and SARA LEPRO AP Business Writers NEW YORK November 24, 2009 (AP) The Associated Press Post a Comment Stocks are...

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Chicago home sales surge

Tax credit, low prices and interest rates credited for upsurge, but some say it could be short-lived Shoppers scooped up homes in October, giving the housing market a much-needed jolt as a moribund year winds down for the...

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Americans Gloomy On Economy Heading Into Holidays

Americans Remain Gloomy Heading Into Holiday Shopping; Bad Sign For Retailers, Economy (AP) NEW YORK (AP) - Retailers heading into the traditional start of holiday shopping are facing consumers who are only a bit less gloomy...

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Report: Almost 1 in 4 borrowers underwater

Wall Street Journal report says situation may threaten the housing recovery Nov. 24: Home prices rose for the fourth straight month and posted the second quarterly increase. See today's average home equity rates across the...

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Report of Slowing GDP Hits Stocks in Early Trading

Stocks slide in early trading after report shows economy grew at 2.8 percent pace in 3Q By STEPHEN BERNARD and SARA LEPRO AP Business Writers NEW YORK November 24, 2009 (AP) The Associated Press Post a Comment Stocks are...

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Dollar mixed on slow U.S. recovery

The yen and the dollar strengthen on dour economic reports as investors seek safe-haven currencies. Paste this link into your favorite RSS desktop reader G-20 summit: 6 countries in recovery The G-20's six largest economies...

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Fed Says Jobless Rate To Drop 'slowly'

Fed Says Recovery Will Be Gradual With Jobless Rate Dropping 'slowly' Over Next Few Years (AP) WASHINGTON (AP) - The Federal Reserve says the unfolding recovery will probably be gradual, as modest growth keeps the nation's...

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Reports on economic growth and consumer confidence signal modest rebound, with shoppers wary

JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — The economy is growing modestly, with consumers too wary about spending to invigorate the recovery. That's the picture that emerged from reports Tuesday on the economy and...

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China Bank Fears Hurt U.S. Stocks

Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article...

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Lawmaker Calls For Restructuring Michigan Taxes

Mich. Rep. Alma Wheeler Smith Proposes Broad Tax Overhaul, Tax Credit For Higher Ed Tuition (AP) LANSING, Mich. (AP) - A veteran state lawmaker and Democratic gubernatorial candidate on Tuesday proposed swapping Michigan's flat...

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