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  • Housing Starts Edge Down in November

    U.S. housing starts came in at an annualized rate of 1.028 million units in November, according to the Census Bureau on Tuesday. That’s 1.6 percent below the revised October total of 1.045 million units and 7 percent below the November 2013 rate.

    National 17 December 2014 14:11
  • Existing Home Sales Edge Up

    Total existing U.S. home sales rose 1.5 percent to an annualized rate of 5.26 million units in October from 5.18 million in September, the National Association of Realtors reported.

    National 21 November 2014 13:47
  • Citi Pays Fine for Subprime Misdeeds

    Citigroup agreed to pay $7 billion to settle charges levied by the U.S. Department of Justice that the banking giant routinely and brazenly securitized and sold vast numbers of bum mortgages to investors in 2006 and ’07, and knew it was doing so.

    National 15 July 2014 12:48
  • Majority of States See Unemployment Rate Drops

    The Bureau of Labor Statistics reported that 28 states had unemployment rate decreases in October compared with September, while 11 states and the District of Columbia saw increases and 11 states experienced no change.

    National 25 November 2013 15:32

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