Home building stocks are recovering from their recent selloff as House Speaker Pelosi is discussing extending--and possibly expanding--the first time homebuyers tax credit. Congressman Rangel is also saying it should be extended. Read More
Futures popped a few points as continuing claims for unemployment recorded its first weekly drop since January. While last week was a record high (about 6.8 m), this at least is a step in the right direction. Read More
Why do we buy what we buy? In the new book, SPENT: Sex, Evolution, and Consumer Behavior Geoffrey Miller reveals the unseen logic behind the chaos of consumerism and suggests new ways we can become more responsible friends and lovers and happier consumers. Read More
Following are the day’s biggest winners and losers. Find out why shares of Dr. Pepper Snapple and Potash popped while Caterpillar and BHP Billiton dropped. Read More
As if the retail sales reportwasn't depressing enough, it looks like our newfound frugality might not be just the latest fad. Retail Forward is out with a survey that spells more bad news for women's apparel retailers, particularly for those who cater to those with champagne wishes and caviar dreams. Read More