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Sears Results: Loss of $1.29 a Share, $8.45 Billion Revenue vs. Expectations of 60-Cent Loss, $8.37 Billion Revenue

Housing

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  • Government Regulation

    While the focus in Washington this week is on the forensics of Goldman Sachs’ actions during the financial crisis, and the outlook for domestic financial regulatory reform legislation, scant attention has been paid to the need for reforms to bring greater safety and stability to the global financial system.

  • Caught in the middle of the nationwide housing storm, the residents of an unfinished housing development outside Fort Myers, Fla., now now see a ray of light.

  • Farrell: Beware of Greeks Taking Gifts Friday, 23 Apr 2010 | 5:05 PM ET

    I ripped that headline directly from a report written by Mike Fitzpatrick of MF Global, one of the best oil guys around. Thanks, Mike. I couldn't resist it. It so says it all. As late as Thursday afternoon of last week I was still reading reports that hoped Greece would not have to ask for financial aid. I don't know how you could come to that position.

  • What's Really Behind the Surge in New Home Sales Friday, 23 Apr 2010 | 12:06 PM ET

    This is real proof of the tax credit boost, because this data series is based on contracts signed, unlike the Existing Home Sales series we got Thursday from the Realtors, which is based on closings.

  • Even Good Housing Numbers Aren't Adding Up Right Thursday, 22 Apr 2010 | 3:50 PM ET
    Sold sign

    All the numbers are so deranged right now. Even the exalted S&P/Case-Shiller Home Price Index folks, put out a note this week saying that even their monthly seasonal adjustments were no good.

  • Where to Make a 'Lot of Money' in 6-9 Months Thursday, 22 Apr 2010 | 12:51 PM ET

    Stocks wavered Thursday after a report showed existing-home sales rose and the supply of homes on the market started to shrink. What should investors be watching for? Ryan Detrick, chief technical strategist at Schaeffer’s Investment Research discussed his insights.

  • There's No Extra Green in Green Homes Wednesday, 21 Apr 2010 | 3:43 PM ET
    Solar Home

    Forgive me for jumping the gun on earth day, but I had to relay a really interesting conversation I had today with Rhone Resch, President and CEO of the Solar Energy Industries Association.

  • New Signs that Home Prices May Be Stabilizing Wednesday, 21 Apr 2010 | 12:47 PM ET

    Twenty percent of sellers slashed prices by an average 10 percent in April, and while that may sound like a lot, it's a good deal less than the 27 percent who did so in April of 2009, all according to real estate website Trulia.com.

  • Questions for Banks That Put Together Deals Wednesday, 21 Apr 2010 | 10:36 AM ET
    Goldman Sachs

    Deals in the Securities and Exchange Commission’s case against Goldman extended far past that investment bank, reports The New York Times.

  • Cramer: ‘Pier 1 Is Back’ Tuesday, 20 Apr 2010 | 6:40 PM ET

    But is it too late to get in?

  • Housing Expert: Foreclosures are 'Pigs with Lipstick' Tuesday, 20 Apr 2010 | 12:58 PM ET
    Foreclosed Home

    Let me just first give a little background for those of you who don't know Ivy Zelman. She's the former Credit Suisse analyst who called the housing crash, even before the boom had peaked.

  • California Suburbs

    Some argue that a constant political obsession with the "ownership society" is what pushed this nation into the current housing disaster. Going back decades, presidents have pushed it and Congress, in turn, has helped open the financial doors to it.

  • US Growth Will Slow: Pimco's Kashkari Monday, 19 Apr 2010 | 3:42 AM ET

    The U.S. economy faces a period of slower growth as unemployment remains high and the housing market remains weak, Pimco executive Neel Kashkari said at an investor conference in Singapore overnight.

  • Twenty Six States Add Construction Jobs in March Friday, 16 Apr 2010 | 4:39 PM ET
    Construction - Bulldozer

    Construction hiring rose in more than half of the country in March, according to the latest state employment figures from the Bureau of Labor statistics.

  • Twenty Six States Add Construction Jobs in March Friday, 16 Apr 2010 | 4:31 PM ET
    Construction - Bulldozer

    Construction hiring rose in more than half of the country in March, according to the latest state employment figures from the Bureau of Labor statistics.

  • America’s Constitutionalist Revolt Friday, 16 Apr 2010 | 3:03 PM ET
    A participant at a Tea Party Express rally displays a sign critical of the Obama administration on April 13, 2010 in Albany, New York. The Tea Party Express will head to Boston on Wednesday where the headline speaker at an afternoon rally will be Sarah Palin.

    So much is being written in the mainstream media about who the tea partiers are, but very little is being recorded about what these folks are actually saying.

  • Crescenzi: Why Construction Jobs Will Stabilize Friday, 16 Apr 2010 | 9:32 AM ET
    Tony Crescenzi

    In recent months, comparisons between the number of homes completed and those started suggested that construction employment was set to cease to become the major drag that it has been on employment, with roughly 80,000 jobs per month lost in the sector over the past two years.

  • 6 Bearish Barricades to Dow 12,000? Thursday, 15 Apr 2010 | 8:17 PM ET

    Actually, they’re all illusions, Cramer says. He breaks them down one by one.

  • I’m a regular reader of David Leonhardt, the New York Times’ Economic Scene columnist. He frequently combats a lot of ignorance about economics generally, and the impact of economic policy, specifically. So I was anxious to read his column this week -- Yes, 47% of Households Owe No Taxes. Look Closer.

  • Expect a Jobless Recovery Going Forward: Marc Pado Wednesday, 14 Apr 2010 | 5:45 PM ET

    Fed Chairman Ben Bernanke told Congress Wednesday that he has confidence the economic recovery will have staying power, although the rebound won't bring quick relief to unemployment. Marc Pado, U.S. market strategist at Cantor Fitzgerald, shared his economic outlook.