Federal report: Home flipping drove housing bubble
A report shows that speculative real estate investors played a larger role than originally thought in driving the housing bubble.
View ArticleHousing blocks economic growth, Fed’s Dudley says
Federal Reserve Bank of New York President William Dudley said weakness in the housing market is one of the main forces creating a “disappointing” economic recovery.
View ArticleU.S. consumer borrowing up $11.1 billion in April
Americans borrowed more in April to attend college and buy cars and were a little less cautious with their credit cards than the previous month.
View ArticleHomebuilder confidence rises to seven-year high
The National Association of Home Builders/Wells Fargo index of builder sentiment rose 8 points, the biggest monthly increase since September 2002.
View ArticleCourt: Bernanke can be deposed in AIG suit
Federal Reserve Chairman Ben Bernanke will have to give testimony in a lawsuit against the U.S. brought by Maurice “Hank” Greenberg over the government’s bailout of American International Group Inc.
View ArticleReport: Sandy’s fallout affecting small business
An online poll conducted looked at businesses in New York, New Jersey and coastal Connecticut with fewer than 500 employees in sectors including manufacturing, retail, and construction.
View ArticleDownside of low mortgage rates? Less selling
Many homeowners with low rates are staying put, while others are keeping their old ones and renting them if they move.
View ArticleMortgage drop prompts lower consumer debt
U.S. consumer debt fell last quarter for the first time in a year as mortgage originations slumped to the lowest level since 2000, the Federal Reserve Bank of New York said.
View ArticleJob growth masks productivity lag, N.Y. Fed president says
William Dudley told the Economic Club luncheon in Minneapolis an older workforce is a likely drain.
View ArticleU.S. homebuilder sentiment improves in August
The National Association of Home Builders/Wells Fargo builder sentiment index released Monday rose this month to 61, the highest level since November 2005.
View ArticleFederal report: Home flipping drove housing bubble
A report shows that speculative real estate investors played a larger role than originally thought in driving the housing bubble.
View ArticleHousing blocks economic growth, Fed’s Dudley says
Federal Reserve Bank of New York President William Dudley said weakness in the housing market is one of the main forces creating a “disappointing” economic recovery.
View ArticleU.S. consumer borrowing up $11.1 billion in April
Americans borrowed more in April to attend college and buy cars and were a little less cautious with their credit cards than the previous month.
View ArticleHomebuilder confidence rises to seven-year high
The National Association of Home Builders/Wells Fargo index of builder sentiment rose 8 points, the biggest monthly increase since September 2002.
View ArticleCourt: Bernanke can be deposed in AIG suit
Federal Reserve Chairman Ben Bernanke will have to give testimony in a lawsuit against the U.S. brought by Maurice “Hank” Greenberg over the government’s bailout of American International Group Inc.
View ArticleReport: Sandy’s fallout affecting small business
An online poll conducted looked at businesses in New York, New Jersey and coastal Connecticut with fewer than 500 employees in sectors including manufacturing, retail, and construction.
View ArticleDownside of low mortgage rates? Less selling
Many homeowners with low rates are staying put, while others are keeping their old ones and renting them if they move.
View ArticleMortgage drop prompts lower consumer debt
U.S. consumer debt fell last quarter for the first time in a year as mortgage originations slumped to the lowest level since 2000, the Federal Reserve Bank of New York said.
View ArticleJob growth masks productivity lag, N.Y. Fed president says
William Dudley told the Economic Club luncheon in Minneapolis an older workforce is a likely drain.
View ArticleU.S. homebuilder sentiment improves in August
The National Association of Home Builders/Wells Fargo builder sentiment index released Monday rose this month to 61, the highest level since November 2005.
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