U.S. Homebuilder Confidence Soars to 7-Year High in June by Reuters Jun 17th 2013 2:00PM The majority of U.S. homebuilders view conditions in the industry as favorable for the first time since the start of the housing crisis seven years ago, with an industry...
Stocks in Negative Territory for June; All Eyes on the Fed by DailyFinance Staff Jun 14th 2013 4:30PM The Dow Industrials sank 105 points, while the Nasdaq dropped 21. And a day after its second-biggest advance of the year, the S&P 500 lost 9 points. So what will Bernanke...
Survey: Consumers' Confidence in U.S. Economy Falters by Reuters Jun 14th 2013 10:23AM U.S. consumer sentiment retreated this month after reaching its highest in nearly six years in May, as household optimism about employment and housing faded slightly.
Factory Output Inches Up in May by The Associated Press Jun 14th 2013 9:53AM U.S. factory output barely increased in May after two months of declines, a sign that manufacturing is providing little support for the economy.
U.S. Wholesale Prices Rise Sharply in May by The Associated Press Jun 14th 2013 9:09AM A rise in food and gas costs drove a measure of wholesale prices up sharply in May. But outside those volatile categories, inflation was mild.
Business Inventories Rise in April, But Sales Weaken by Reuters Jun 13th 2013 10:33AM Business inventories rose in April, but goods took longer to sell, meaning businesses could slow the pace of stock accumulation to prevent an unwanted surplus of merchandise.
Retail Sales Rise in May as Import, Export Prices Soften by Reuters Jun 13th 2013 9:23AM U.S. retail sales rose more than expected in May as households stepped up purchases of automobiles and bought other goods, as prices for imports and exports slipped.
U.S. Auto Industry Is Revving Up for a Hiring Spree by The Associated Press Jun 9th 2013 11:32AM The U.S. auto industry is about to go on a hiring spree as car makers and parts suppliers race to find workers to build the next generation of vehicles.
Save Detroit by Knocking Half of It Down: Crazy or Clever? by Rich Smith Jun 7th 2013 1:55PM Bill Pulte, whose family built PulteGroup into the top U.S. homebuilder, says the way to revive Detroit is to raze half of it and consolidate.
Manufacturing Growth Crawls, and Economic Recovery Stalls by Justin Loiseau Jun 7th 2013 10:50AM Four new manufacturing reports released this week suggest there are cracks at the foundation of the economic recovery.
Meager Rise in Factory Orders Signals Manufacturing Slowdown by Reuters Jun 5th 2013 10:20AM New orders for U.S. factory goods rose in April, but not enough to reverse the prior month's plunge, adding to signs of a slowdown in manufacturing activity.
Construction Spending Rises, Despite Residential Weakness by The Associated Press Jun 3rd 2013 10:51AM Spending on U.S. construction projects rose in April despite weakness in residential projects and government spending.
Buoyed by Recovery, Consumers Confidence Soars in May by Reuters May 31st 2013 10:27AM Greater optimism about the economic outlook and personal finances pushed U.S. consumer sentiment to its highest level in nearly six years in May, a new survey shows.
We've Only Regained How Much Wealth Since Recession? by Eamon Murphy May 31st 2013 7:35AM In March, the Federal Reserve said Americans households had regained 91% of the total wealth lost in the recession. Now a new report says that figure is only 45%. What gives?
Households Far from Regaining Wealth Lost During Recession by The Associated Press May 31st 2013 6:56AM The average U.S. household has a long way to go to recover the wealth it lost to the Great Recession, a report by the Federal Reserve Bank of St. Louis concluded Thursday.
Wall St. Shrugs Off Economic News; Finance, Tech Stocks Gain by DailyFinance Staff May 30th 2013 5:10PM Stocks ended higher Thursday. The feeling on Wall Street is that economic numbers and trouble overseas will discourage the Fed from ending its bond-buying program soon.
Pending Home Sales Hit 3-Year High; Supply Dwindles by Reuters May 30th 2013 10:15AM Contracts to buy previously owned U.S. homes rose to their highest level in three years in April, but a shortage of properties for sale could slow down the momentum.
Jobless Claims Rise Unexpectedly in Latest Week by Reuters May 30th 2013 8:53AM The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but not enough to suggest a shift in the recent pattern of modest job gains.
U.S. First-Quarter GDP Revised Slightly Lower by Reuters May 30th 2013 8:45AM A drop in government spending dragged more on the U.S. economy than initially thought in the first quarter, a sign of increasing pain from Washington's austerity drive.
Sales of Bank-Owned Homes Plunge to 5-Year Low in 1Q by The Associated Press May 30th 2013 6:09AM Sales of bank-owned homes have plunged to a 5-year low, the latest evidence that the nation's foreclosure woes are easing as the U.S. housing market recovery gains momentum.
Waitstaff Raises Decades Overdue - but You Can Help by Selena Maranjian May 29th 2013 9:30AM Many tipped restaurant employees haven't seen a raise in 22 years, but there are ways you can help boost their wages.
Stocks Jump After Home Prices, Consumer Confidence Surge by The Associated Press May 28th 2013 5:25PM A rally that brought the stock market to record highs this year came back to life after US home prices rose the most in 7 years and consumer confidence reached a 5-year high.
Consumer Confidence Surges in May by Reuters May 28th 2013 11:21AM U.S. consumer confidence strengthened in May to the highest level in more than five years, a private sector report shows.
Home Prices Up Most Since 2006 by The Associated Press May 28th 2013 9:35AM U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006.
Fill'er Up With Weird: Our Readers' Surprising Gas Saving Tips by Bruce Watson May 24th 2013 4:10PM Tired of the usual gas-saving advice? Here are some outside-the-box suggestions to help you cut down on your fuel costs.
Congress' Top 3 Complaints About the Slow Economic Recovery by Justin Loiseau May 24th 2013 11:27AM Straight from the horse's mouth -- that of Rep. Kevin Brady, chairman of the Joint Economic Committee -- here are Congress' top three complaints about our economic recovery.
Durable Goods Orders Rise Sharply in April by Reuters May 24th 2013 8:56AM Orders for long-lasting U.S. manufactured goods rose more than expected in April, a sign of resilience in the factory sector.
The Real Economic Outlook Behind Bernanke's Numbers by Justin Loiseau May 24th 2013 5:00AM Dig deeper into Fed Chairman Bernanke's remarks to Congress this week and you'll see the fragile roots of our economic recovery.
Kmart's 'Ship My Pants' Ad Sequel Promises 'Big Gas Savings' by Matt Brownell May 23rd 2013 11:05AM On the heels of its popular "Ship My Pants" commercial, Kmart has another naughty-sounding ad that's sure to go viral. This time, the retailer says it'll help you save on gas.
Housing Boom Leaves Some Stocks in the Dust by Rick Aristotle Munarriz May 22nd 2013 12:46PM The housing boom continues, but while some stocks may be rightfully soaring, other logical winners aren't cashing in on the trend.
Housing Recovery Boosts Home Depot's 1Q Profit by The Associated Press May 21st 2013 7:52AM Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
