CNBC's Mandy Drury looks back at the week's top business and financial stories. The Nasdaq hit a new high this week after tech giants reported earnings beats. Jobless claims were up and home sales were down.» Read More
The federal government’s policy of the last several years," writes Fast Money fan Mark C., "has given us the dot com bubble...
S&P C-S looks at prices in the top ten and top twenty markets, and those indexes are down 16.3 percent and 15.3 percent respectively on an annual basis for April. The OFHEO index shows prices nationwide down 4.7 percent from a year ago.
Borrowing costs are likely to hold steady as the Federal Reserve tries to avoid both stirring inflation and stifling a fragile economy.
US consumer confidence fell in June to its lowest in 16 years as high inflation continued to sap confidence and pushed expectations for the future to a record low.
Ireland will this year see its first recession since 1983, but recovery will be faster than when the economy shrank then, a government-funded research body said on Tuesday.
In the view of a central banker, the worst thing about skyrocketing food and energy prices is not their rise, but that most people think higher prices are here to stay, the New York Times reported.
What's the trade ahead of Wednesday's Fed Decision? Find out from one of the most outspoken strategists on the Street!
Unemployment, which has been relatively benign during the economic downturn, is expected to become a bigger problem.
How about a silver lining in the housing crisis? According to the Harvard Joint Center for Housing Studies’ “State of the Nation’s Housing 2008,” things are bad now, but social trends will save the day. Here's why...
The unrelenting rise in oil prices has put Federal Reserve Chairman Ben Bernanke in the precarious position of trying to talk down inflation without raising interest rates.
The U.S. Federal Reserve cannot lower interest rates at the moment, given high oil prices and the spectre of inflation, John Lonski, chief economist at Moody's rating agency, told La Repubblica newspaper.
The average asking price of a UK property fell in June as mortgage providers cherry-picked customers and competing properties outnumbered buyers by 15 to 1, property advertiser web site Rightmove, one of Britain's biggest, said.
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Dove or Hawk? How will the Fed set policy during the two-day meeting beginning Tuesday?
I like to think I know everything about home prices, but I learned a few things from Prof. Chip Case at a conference yesterday (one of the men behind the Case-Shiller Home Price Index).
Bob Toll doesn't buy the numbers from Commerce. The CEO of Toll Bros. says there's no way new home sales are running as high as the census bean counters claim because they don't include cancellations which are still running around 30 percent.
The Fed's recent tough talk on inflation has pushed up some longer-term interest rates, hitting the economy in one of its tenderest spots— housing.
CFO Bill Wheat says they want to sell $400 million worth of land, the bulk of it in Florida, California, Arizona and New Mexico. That would get them to a three year supply.
Still here at the BofA homebuilders conference. I met with an analyst down in the lobby from a competing investment bank. He's here meeting with reps from the builders and just did Ryland. He says they told him, "We have nothing positive to say about the housing market."
Factory activity in the U.S. Mid-Atlantic region slowed further in June, a survey showed Thursday.