December 22, 2014

Total existing-home sales were down 6.1% to a seasonally adjusted annual rate of 4.93 million in November. That's compared to a downwardly revised figure of 5.25 million in October.

October 24, 2014

Stewart Mills is fed up with Washington.

August 19, 2014

The National Retail Federation told the U.S. Supreme Court that the debate over debit card swipe fees is “of staggering importance” and asked the justices to review a ruling that left the Federal Reserve’s cap on the billions of transactions conducted each year at 21 cents rather than reducing it to a lower level.

November 7, 2013

USP Structural Connectors has announced a North American partnership with auto-feed screw-driving system manufacturer Muro.

The effort will involve the proferring of three Muro products via USP's sales channels: the coil-feed FDVL41 Speed Driver, the rigid tape-fed CH7390 and CH7392SF Ultra Drivers, and the rigid tape-fed CH7241 Easy Driver.

September 20, 2013

Stocks were half up, half down on Thursday, leveling off a little from the brief Fed-inspired peak.

September 19, 2013

Retail stocks posted gains across the board on Wednesday after the Federal Reserve surprised investors by deciding to keep its $85 billion monthly asset purchases. 

January 30, 2013

Well over half of U.S. employers use 401(k)s and other defined contribution plans to encourage their employees to save for retirement, collectively spending more than $118 billion in match contributions and encouraging employees to save another $175 billion every year, according to a January 2013 report, "The Retirement Breach in Defined Contribution Plans: Size, Causes and Solutions."

May 2, 2012

The National Retail Federation is responding to a report from the Federal Reserve, which revealed that debit card swipe fees collected by the nation's largest banks have significantly dropped since reform regulations took effect last fall. 

April 11, 2012

The Federal Reserve’s latest Beige Book report, which covered the period February 18 - April 2, 2012, was not effusive in its assessment of economic activity, pegging expansion at a “modest to moderate pace.” But a closer look at the report, provided by IHS Global Insight, indicate an uptick in housing demand, residential construction activity, consumer spending, employment and lending. The only dark cloud on the horizon, according to the Federal Reserve’s economic analysis, is gas prices. 

February 13, 2012

Orlando, Fla. -- Federal Reserve Chairman Ben Bernanke, addressing a crowd of home builders on the last day of the International Builders' Show here, did his best to explain how low mortgage rates -- his chief weapon to stimulate the housing market -- have fallen short of their goals. But Bernanke’s speech before a crowd of more than 200 attendees was not an apologie; on the contrary, Bernanke seemed a little frustrated about a lack of action in other government and business sectors and seemed worried about the overall effect of the housing crisis on the general economy.

January 16, 2012

Transcripts unsealed from a May 2006 meeting of the Federal Reserve indicate some concern about the housing bubble and the use of “exotic” mortgages by home buyers, according to a Jan. 13 article in the Wall Street Journal. But Fed Chairman Ben Bernanke described the slowdown of the housing market “a healthy thing” and an “orderly decline” that posed little threat to the U.S. economy.

January 6, 2012

The Federal Reserve, in a Jan. 4 report sent to members of Congress who sit on banking committees, warned that mortgage lending standards are holding back the nation’s economy.  

The 26-page white paper was an unusual foray into the housing sector for an agency concerned primarily with monetary policy. But Federal Reserve Chairman Ben Bernanke stated: “Restoring the health of the housing market is a necessary part of a broader strategy for economic recovery.”  

December 5, 2010

If all politics are local, Sarah Palin was by all measures the local girl up...

July 10, 2008

The two mortgage companies, which are government-sponsored entities, have had difficulty raising funds in the...

January 23, 2008

The total of 5,652,000 existing home sales in 2007 was the fifth highest on record....