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AP
Saturday, 24 March 2007
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 AP - Sales of existing homes rose in February by the largest amount in nearly three years, but worsening troubles in subprime mortgages were viewed as a roadblock to a full-fledged rebound. The National Association of Realtors reported Friday that existing home sales climbed 3.9 percent last month, pushed up by a milder-than-normal winter that boosted sales in areas of the country such as the Northeast.
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Reuters
Saturday, 24 March 2007
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 Reuters - The pace of U.S. existing-home sales
rose unexpectedly in February, but inventories of unsold homes
also gained, according to a report on Friday that offered mixed
news on the downtrodden housing sector.
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AP
Saturday, 24 March 2007
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AP - The global economy is still on track for healthy growth despite the adverse impact on U.S. business prospects of a housing slump and skittishness about risky mortgages, the head of the International Monetary Fund said Friday. |
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Reuters
Friday, 23 March 2007
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 Reuters - China is on course to become the
world's second-largest consumer market by 2015, but foreign
firms looking to tap the retail boom must brace for a bumpy
ride and possible price wars, Credit Suisse said on Friday.
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AP
Friday, 23 March 2007
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AP - A strong job market appears to be propping up an economy suffering from slumping home prices and a slowdown in manufacturing, two economic reports suggested Thursday. |
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Reuters
Thursday, 22 March 2007
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 Reuters - A surprise drop in the number of new
claims filed for jobless aid pointed to a healthy U.S. labor
market, but a forward-looking measure of the economy showed
momentum has slowed, data released on Thursday showed.
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AP
Thursday, 22 March 2007
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AP - The number of laid-off workers filing claims for unemployment benefits fell last week for the third consecutive time, signaling that the labor market may be stabilizing after a worrisome jump in layoffs earlier in the year. |
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Reuters
Thursday, 22 March 2007
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 Reuters - WASHINGTON (Reuters) -The number of Americans filing new
claims for jobless benefits unexpectedly fell 4,000 last week
to its lowest in six weeks, government data showed on Thursday
in a report underscoring a healthy labor market.
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FT.com
Thursday, 22 March 2007
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FT.com - The Nikkei climbed to a three-week high on Thursday, buoyed by renewed optimism about the US economy. |
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FT.com
Thursday, 22 March 2007
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FT.com - Is that the sound of a furiously backpedalling Federal Reserve? Less than two months ago the Fed was decidedly upbeat. While not quite sounding the all-clear on the US economy, it talked of signs of stabilisation in the housing market and improved readings on inflation. On Wednesday, it had a very different message on those twin threats. Its statement described the adjustment in the housing sector (a risk to economic growth) as "ongoing". And it said recent readings on inflation have been "somewhat elevated". |
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AFP
Thursday, 22 March 2007
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 AFP - The Federal Reserve held a key interest rate steady Wednesday and largely brushed off fears about a downward spiral in the US economy while backing away from a threatened rate hike.
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