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Top Stories Romney handily wins Nevada Republican caucus Republican frontrunner easily defeats Newt Gingrich in the Nevada Republican caucus, building his lead in his bid for the party’s nomination to challenge President Barack Obama in November.
Russia, China veto U.N. resolution against Syria U.S. President Barack Obama calls on Syria’s president to step down accusing the regime of murdered hundreds of its own citizens on Friday.
Thousands of Russians protest Putin’s candidacy Demonstrators turn out in below-freezing temperatures to protest the prime minister’s bid for another presidential term.
NewsWatch: U.S. stocks follow win streak with focus on Europe Cisco, Coca-Cola, Disney and Visa are among bellwethers set to report results amid expectations for market gains to continue; resolution of Europe’s debt crisis is expected to drag on.
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February 5, 2012 1:44 AM EST
It’s not that everyone wasn’t bracing for a bad New Home Sales report. The government stimulus required contracts be signed by the end of April. That should have left a huge hole for May, and it certainly did. What was unexpected was that April was revised down rather dramatically to 446,000 from 504,000. That’s a big miss. Then came May. Sales, or should I say “contracts” were down 32.7% to 300,000 units. Expectations were for 410,000. This w... full story >>