Quantcast
Home » byline

US new-home sales fell in Dec., sales for year up

By
In this Thursday, Dec. 6, 2012, photo a new home is constructed in Pepper Pike, Ohio. U.S. home construction surges 12.1 percent in December to end best year since 2008. AP/Tony Dejak

Sales of new U.S. homes cooled off in December compared with November, but sales for the entire year were the best since 2009. The Commerce Department says new-home sales fell 7.3 percent last month to a seasonally adjusted annual rate of 369,000. That’s down from November’s rate, which was the fastest in 2 ½ years.

Posted: January 25th, 2013 in Latest Business Stories,Photos & Videos | Read More »

Transcripts show Fed underestimated crisis in 2007

By ,
In this Wednesday, Dec. 12, 2012 file photo, Federal Reserve Chairman Ben Bernanke speaks during a news conference at the Federal Reserve Board in Washington. Federal Reserve policymakers expressed broad support in December 2012 for the Fed's plan to buy bonds to support the U.S. economy. But they differed over how long to keep buying bonds to drive down long-term interest rates. Minutes of the Fed's December policy meeting show that some of the 12 voting members thought the bond purchases would be warranted through the end of 2013. AP Photo/Manuel Balce Ceneta, File

Federal Reserve officials in 2007 badly underestimated the scope of the approaching financial crisis and how it would tip the U.S. economy into the deepest recession since the Great Depression, transcripts of the Fed’s policy meetings that year show.

Posted: January 19th, 2013 in Latest Business Stories | Read More »

US declines to label China a currency manipulator

By
COSTA RICA-THEME-MONEY

The Obama administration declined Tuesday to label China a currency manipulator, noting that it has let the yuan rise nearly 10 percent in value against the dollar since June 2010.

Posted: November 28th, 2012 in Latest Business Stories | Read More »

Finance leaders to address global economic threats

By
In this Monday, October 8, 2012, file photo, people hang out at the venue of the IMF meeting in Tokyo. When global finance ministers meet this week in Tokyo, they'll confront a triple challenge: Economic troubles in three major regions are threatening the world's economy. AP/Junji Kurokawa

When global finance ministers meet this week in Tokyo, they’ll confront a triple challenge: Economic troubles in three major regions are threatening the world’s economy.

Posted: October 11th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Rise in economic gauge suggests brighter outlook

By
GOOD NEWS. In this AP file photo, the Bob Evans restaurant in Solon, Ohio advertises job openings. The latest evidence that the economy is making steady gains emerges from a gauge of future economic activity, which increased in October at the fastest pace in eight months. A string of better-than-expected reports on the economy have some analysts revising up their forecasts for economic growth. But they caution that their brighter outlook remains under threat from Europe's financial crisis. AP Photo/Amy Sancetta

The latest evidence that the U.S. economy is making steady gains emerged Friday from a gauge of future economic activity, which rose in October at the fastest pace in eight months.

Posted: November 19th, 2011 in Latest Business Stories,Personal Finance | Read More »

Advertisement

News

  • Senate ‎resumes Makati Building 2 probe sans Mayor Binay
  • SC stops all projects in watershed
  • Amid evacuee hardship, babies give joy
  • Rains in Visayas, Mindanao Thursday due to lingering intertropical convergence zone
  • MRT-3 operations disrupted anew due to broken rails
  • Sports

  • NU makes UAAP history, beats Ateneo, to face FEU in finals
  • Caluag ends PH gold drought
  • Focus, strategy key cycling triumph
  • Gilas settles for record low 7th place
  • Thompson lifts Altas past Blazers
  • Lifestyle

  • She prefers her ‘adobo’ dry, herbed, marinated in red wine vinegar
  • Idiosyncratic, refined Chinese fusion–but purists beware
  • Seafood glass noodle salad
  • How Lita Urbina grew Café Laguna from a 5-table ‘carinderia’ to a restaurant chain in the South
  • Crunchy papaya salad, three-sauce pork belly, melt-in-the-mouth squid–this is no ‘fusion-confusion’
  • Entertainment

  • In the mood for Lav
  • PH film competes in Tokyo
  • Fil-Am jazz artists to hold fest for History Month
  • ‘Purok 7’ wins in Frankfurt
  • Perennial joiner wins at long last
  • Business

  • Preparing the banking industry for Asean integration
  • More women joining top management of PH firms
  • Typhoon-affected banks get reprieve
  • Taiwan insurer buys 20% of RCBC for P18B
  • PLDT beefing up fiber optic network capacity
  • Technology

  • Microsoft skips Windows 9 to stress advances
  • Netizens blast sexy model for using cop connection to beat traffic violation
  • Palace backs prepaid SIM registration
  • Man, wife behind ‘crush’ videos get life sentence
  • Turkey’s president dismisses new iPhone: ‘Same as the last’
  • Opinion

  • Editorial cartoon, October 2, 2014
  • We stand in Central
  • Questions
  • Political ferment in Hong Kong
  • Recto in a time of disenchantment
  • Global Nation

  • Greater Chicago Fil-Ams set lots of History Month events
  • Comcast to host XFINITY party in Union City, California
  • 2 Filipino crewmen injured in ship explosion off Portland, Oregon
  • Japan eases visa requirements for Filipinos
  • AFP operations eyed to rescue 2 seized Germans
  • Marketplace
    Advertisement