Economy Expanded 2.6 Percent in the Second Quarter, Weaker Than Estimated The U.S. economy grew at an annual rate of 2.6 percent in the second quarter, less than previously estimated, as business spending, consumer demand and homebuilding slowed.Commentread more...
This way to exit housing crunch A young professional making $30,000 a year may be able to afford a home in Las Vegas, but perhaps not the land underneath it.read more...
School privatization effort collapses Pennsylvania's first major experiment in school privatization is coming to an ugly end in this poverty-stricken city on the outskirts of Philadelphia.via
Home builder stocks drop on pessimism "I think it was a combination of things," said Raymond James and Associates analyst Rick Murray.read more...
Deutsche Bank to launch new specialist mortgage operation in the UK (Banking Business Review) Deutsche Bank has revealed that it is in the process of recruiting a UK mortgage lending team to develop a new specialist mortgage lender for the UK Intermediary Mortgage Market.read
Stocks Creep Higher Following Losses Stocks edged higher in opening trading Wednesday following two days of losses. With little in the way of new economic data expected for the session, traders paused after taking more
Lisa Hutchurson Staff writer – As much as we gripe about the colder weather, there’s a part of us that loves to hunker down.
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