homebuilders

Housing Starts Fall, But Permits Rebound

Housing starts fell for a third straight month in February, but a rebound in building permits offered some hope for the housing market as it tries to emerge from a soft patch.

Fed to Announce Which Banks Can Raise Payouts, Buy Back Stock

The Federal Reserve will announce this afternoon which banks will be eligible to raise their dividends and buy back stock. Some analysts say regional banks are likely to be the big beneficiaries. Evercore Partners says Keycorp, State Street and Northern Trust are the ones most likely to raise their payouts.

U.S. New-Home Sales Fell in Dec., Sales for Year Up

The housing market is back, but how strong will it be this year? New home sales were weaker than expected in December, down nearly eight percent from a year earlier. But the housing recovery for all of 2012 was surprisingly strong after the collapse that started four years earlier.