- Sales of existing homes rose to the second-highest level on record in August, to a 7.29 million annual rate, and the median price rose 15.8 percent to a record $220,000 the National Association of Realtors said Monday.
- U.S. railroad freight traffic set new records for the week ended Sept. 17, the Association of American Railroads said.
- While the high-flying housing market still holds risks, especially for the financially stretched, most homeowners are in a fairly good position to weather a shock if prices drop, Federal Reserve Chairman Alan Greenspan said Monday.
- The U.S. Minerals Management Service said today that 100% of oil production and 78% of natural gas production in the Gulf of Mexico remains closed.
- China's central bank predicted that GDP will be up 9.2% this year.
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