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- Wary consumers, rising unemployment snag economic recovery
- WASHINGTON — The economy is not growing as fast as the government first thought and the recovery still faces significant obstacles, including households nervous about spending and rising unemployment. Economists expect new reports Wednesday…
- Naples Daily News
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- 1 hour ago
- Interest Rate Roundup
- Mortgage rates fell to a record low for the second consecutive week. The average 30-year, fixed-rate mortgage fell 6 basis points, to 5 percent. A basis point is one-hundredth of a percentage point. Meanwhile, this week's average 15-year…
- Bankrate.com
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- 32 minutes ago
- U.S. economic rebound slower than first thought
- WASHINGTON–The economy grew at a 2.8 per cent pace last quarter ... Much of the economy's return to growth last quarter reflected federal support for spending on homes and cars. But Tuesday's report shows that some of that spending was a…
- Toronto Star
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- 19 minutes ago
- Minnesota's banks are bruised, but healing
- As a whole, state banks are benefiting from decisions they made earlier in the year to curb their exposure to real estate developers and builders ... has acquired four failed banks, including one last week in Florida, since late August. "
- Minneapolis Star Tribune
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- 17 minutes ago
- Embassy Row
- A leading Latin American analyst in Washington is worried that the ruling Sandinista Party in Nicaragua is slowly killing democracy, while the opposition remains divided and too weak to challenge the regime of the former Marxist…
- Washington Times
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- 1 hour ago
- Goodbye jobs, hello mom and dad, say young adults
- WASHINGTON (AP) — Faced with limited job options, many ... between states, as well as increased carpools, use of public transit and "doubling up" of families in single-residence homes. Data released earlier this year showed that older…
- The Daily News Online
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- 1 hour ago
- Economy’s rebound not as strong as first thought
- WASHINGTON (AP) — The economy grew at a 2.8 percent pace last ... Much of the economy’s return to growth last quarter reflected federal support for spending on homes and cars. But Tuesday’s report shows that some of that spending was a bit…
- Daily Tribune
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- 58 minutes ago
- CLICK FOR ALL BUSINESS HEADLINES
- WASHINGTON (AP) - Sales of new homes are expected to post a modest increase in October, reinforcing data this week that showed the real estate market is regaining its footing after a dramatic collapse. TOKYO (AP) - Japanese exports in…
- Mohave Daily News
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- 1 hour ago
- Economy grows, but at slower pace than thought
- WASHINGTON — The economy grew at a 2.8 percent pace last quarter, as the recovery got off to a slower start than first thought. The U.S. Commerce Department’s new reading on gross domestic product wasn’t as energetic as the 3.5 percent…
- New Haven Register
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- 54 minutes ago
- Mixed reports likely on health of U.S. economy
- WASHINGTON (AP) — Reports on first-time jobless claims, consumer spending and new home sales come out this morning, as economists wait to crunch the numbers. The jobless claims are expected to show slight improvement from the week before,…
- WWL-TV
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- 45 minutes ago