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Top Stories Economic Preview: Job growth in January seen tapering off The up-and-down U.S. economy might be finding a more stable path, but there’s sure to be some big bumps along the way.
NewsWatch: U.S. earnings, data to command attention A wealth of U.S. economic data and another week of major earnings will be the markets’ focus in the week ahead.
Obama repeats call for bipartisanship President Barack Obama reiterates his call for an end to partisan gridlock in Washington and urges ban on insider trading by lawmakers
NewsWatch: U.S. earnings, data to command attention A wealth of U.S. economic data and another week of major earnings will be the markets’ focus in the week ahead.
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January 29, 2012 9:07 AM EST
Depending on who you asked, there was plenty of blame to go around. New Home Sales fell by 2.2% in December to an annual pace of 307,000. That marked the worst performance year since 1963, with sales in the Northeast and West at a record low. I wouldn’t take this number too seriously. After all, it is an annualized pace in a very slow month. Also, the record low mortgage rates and slight improvement in the economy allowed banks to unload some of t... full story >>