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RealtyTrac: Foreclosures up 165 percent in Florida Nationwide, there were more than 224,000 properties in foreclosure, or one for every 555 ...

U.S. Personal incomes rose 0.2% in October. Personal consumption expenditures rose 0.2% in October and 1.9% YoY. The Federal Reserve would ...

The Fed ’s Bernanke said, in prepared comments that financial-market turmoil may put additional strain on the U.S. economy, signaling he is ...

Deadbeat Developers Signaled by Property Derivatives (Update2) The cost of derivatives protecting investors from defaults on the highest-r...

The Dow-Jones industrial average had its biggest two-day rally in five years after a Federal Reserve official hinted that the central bank m...

Foreclosures will hurt metro economies, mayors warn The deepening housing crisis will cut economic growth by more than 25 percent in 143 U.S...

The Dow industrials rose 215 on Citigroup's cash infusion from Abu Dhabi, and a more than $3 break in oil . Middle Eastern and Asian i...

U.S. interest rate futures hit new highs, and stocks fell in the face of widening problems in credit markets.

U.S. Sales Rose 8.3% Day After Thanksgiving, ShopperTrak Says Nov. 24 (Bloomberg) -- U.S. consumers spent $10.3 billion on holiday purchase...

Bond Market to Bernanke: Recession Threat Means More Rate Cuts Financial companies may lose as much as $400 billion because of home foreclo...

U.S. consumer prices rose 0.3% in October and up 3.5%YoY. The New York Federal Reserve's regional index of manufacturing fell from 28.7...

U.S. producer prices rose 0.1% MoM and 6.1% YoY U.S. retail sales rose 0.2% in October. Retail sales in China were rose 18.1% YoY GDP i...

A data service for MasterCard Worldwide, said U.S. retail sales rose 0.2% in October. The International Energy Agency expects world oil de...

YoY Japan producer price index rose 2.4% Analysts at the Deutsche Bank predict losses worldwide from subprime mortgages will eventually t...

What Mukasey Can Teach Musharraf Why, in a country of 300 million, home to a lopsided number of lawyers, we cannot find someone who will up...

How to Turn a Region Into a Graveyard ..we have witnessed the emergence of a new Middle East that bears no resemblance to anything that US p...

Rage of Reason The only time the polling firm has measured such strong give-this-guy-the-hook sentiment was in February 1974, at the height...

U.S. Trade shortfall of $56.5 billion was less than expected. The University of Michigan's consumer sentiment index dropped from 80.9 to...

The Fed’s Bernanke told Congress the central bank is doing all it can to ease the impact of increasing foreclosures . He sees a "delica...

U.S. Productivity increased at an annual rate of 4.9% in the third quarter, stronger than expected and the best gain in four years. Vice ch...

Japan' s index of leading indicators hit 0% in September, a signal of slower conditions ahead. Business activity in the Euro Area improv...

The Institute of Supply Management's index of services increased from 54.8 to 55.8 in October, stronger than expected. The Federal Res...

U.S. Unemployment rate remained at 4.7% in October with a net increase of 166,000 jobs, much more than expected. U.S. Factory orders rose 0...

The Fed injected $41 billion into the U.S. financial system Thursday, the largest cash infusion since September 2001. U.S. personal income...

$43.5 Billion Spying Budget for Year, Not Including Military The number released Tuesday does not include the billions of dollars that mili...

The Federal Reserve reduced the federal funds rate from 4.75% to 4.50%, as expected. The discount rate was reduced from 5.25% to 5.00% U.S....

War Plans: United States and Iran A possible U.S. attack against Iran has been a hot topic in the news for many months now. In some quarter...

U.S. Consumer confidence fell more than expected, from 99.5 to 95.6, lowest in two years. Germany 's unemployment rate fell from 8.8% to...

The Federal Reserve begins its two-day meeting tomorrow, and the market anticipates a rate cut. Retail sales in Japan rose 0.5% MoM Japan...

China Passes U.S. in Top 10 List as China Life Surges ``European countries were also surprised at the beginning of the 20th century when Ame...

Rumsfeld flees France fearing arrest US embassy officials whisked Rumsfeld away yesterday from a breakfast meeting in Paris organized by th...

The University of Michigan's consumer sentiment index dropped from 82.0 to 80.9 in October. Australia’ s leading indicators rose 0.7%. ...

U.S. New home sales fell 23% YoY. U.S. Durable goods orders fell 1.7% in September, weaker than expected. Excluding transport orders rose 0....

U.S. Existing home sales fell 8.0% from August's pace -- the lowest since records began in 1999. The U.S. Department of Energy said tha...

The cost of the wars in Iraq and Afghanistan could total $2.4 trillion A previous CBO estimate put the wars' costs at more than $1.6 tri...

Retail sales in Canada rose 0.7% Industrial new orders in the Euro area rose 0.3% MoM and 5.1% YoY. YoY Japan 's trade surplus rose 6...

U.S. lawmakers to mull subprime bankruptcy relief Under the plan, bankruptcy judges could extend the life of a home loan, change the i...

Updates resume "after" San Diego fires, hopefully within the next couple of days!

Turkey is serious about sending troops into northern Iraq to hunt down Kurdish separatist rebels hiding there and is not bluffing, a senior ...

The number of U.S. workers filing new claims for jobless aid jumped by 28,000 last week, more than expected and the biggest increase for any...

Housing Downturn Takes Toll on Cities’ Revenue In Palm Beach County, Fla., foreclosures rose to 4,830 in 2006 from 3,049 in 2005. And in jus...

OJ Prices Jump As Citrus Land Shrinks Florida lost 127,182 acres (17 percent of its total) in the 2006 crop census -- the second worst drop...

Britain to claim more than 1m sq km of Antarctica The United Kingdom is planning to claim sovereign rights over a vast area of the remote se...

U.S. Housing starts were down 10.2% MoM and down 31% YoY. U.S. consumer prices rose 0.3% MoM and 2.8% YoY The adjustment from recent financi...

Life is harder now, some experts say The basics, according to Warren, now take up close to three-fourths of every family's spending pow...

Foreign investors slashed their holdings of US securities by a record amount as the credit squeeze intensified, according to the latest Tre...

Federal Reserve Chairman Ben Bernanke said on Monday that a weaker dollar would have some inflationary impact but that expectations for sl...

U.S. Producer prices rose 1.1% in September and 4.4% YoY. U.S. Retail sales rose 0.6% in September. Without transport sales rose 0.4% Indust...

The U.S. deficit in international trade of goods and services shrank 2.4%. Australia 's unemployment rate fell from 4.3% to 4.2%. The ...