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Home Sales Dip, Pull Down Prices

Mar 25, 2011, 3:16 PM

Existing home sales in the U.S. took a 9.6% dip in February to a seasonally adjusted annual rate of 4.88 million units, reflecting a highly fragile housing market.... Read »

Another Step to Enhance Fed Transparency–and No Better Time Than Now

Mar 25, 2011, 3:08 PM

As most of you probably know, the Federal Reserve announced yesterday that: “Chairman Ben S. Bernanke will hold press briefings four times per year to present... Read »

Fed’s Fisher Concerned About Excessive Liquidity

Mar 25, 2011, 11:20 AM

Dallas Federal Reserve Bank President Richard Fisher said on Friday that U.S. monetary policy was at risk of over-extension. According to Mr. Fisher, there is an... Read »

Why the Stimulus Failed to Boost Infrastructure in the US: A Comparison With China

Mar 25, 2011, 10:42 AM

The data are now clear. Despite its large size, the 2009 U.S. stimulus package failed to increase government infrastructure spending or other government purchases... Read »

Q4 GDP Growth Revised Up To 3.1% Pace

Mar 25, 2011, 10:26 AM

The U.S. economy grew at a 3.1% real annual rate in last year’s fourth-quarter, the government reports in its third and final estimate for Q4 GDP. That’s up... Read »

Passport Capital’s John Burbank On Fed Policy and the Outlook for the U.S. Economy

Mar 24, 2011, 4:10 PM

John Burbank, founder and CIO of Passport Capital (who predicted the subprime crisis), appeared on Bloomberg Television’s “InBusiness with Margaret Brennan”... Read »

Evercore’s Roger Altman On the Current M&A Environment and U.S. Strategy in Libya

Mar 24, 2011, 3:01 PM

Roger Altman of Evercore Partners appeared on Bloomberg Television’s “Surveillance Midday” with Tom Keene today to discuss the current M&A... Read »

Durable Goods Unexpectedly Fall In February

Mar 24, 2011, 10:56 AM

Orders for durable goods, a leading indicator of economic activity, fell 0.9% last month on a seasonally adjusted basis, the Census Bureau reports. The decrease... Read »

Just When We Thought Housing Couldn’t Get Worse

Mar 24, 2011, 9:41 AM

The number of nails needed for the housing market’s coffin box has yet to be finalized. Consider just some of these startling numbers and trends: The median... Read »

Jobless Claims Fall Again. Will Rising Energy Prices Slow or Derail The Trend?

Mar 24, 2011, 9:35 AM

New jobless claims fell again last week, dropping by a seasonally adjusted 5,000 to 382,000, the Labor Department reports. The widely watched four-week moving average... Read »

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