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Sales of Existing Homes Rise to Best Rate Since May 2010

Les Stone/Corbis A housing development in Charlotte. A housing development in Charlotte. Photographer: Les Stone/Corbis Feb. 22 (Bloomberg) -- Stan Humphries, chief economist at Zillow Inc., talks about U.S. existing-home sales, which rose in January to the highest level since May 2010. Purchases climbed 4.3 percent to a 4.57 million annual rate, less than f ...


Wen Seen Paring China Growth Goal in State-of-the-Union on Inequality Rise

China's Premier Wen Jiabao is seen signaling next month that curbing pollution, inequality and the risk of financial instability eclipse the benefits of faster economic growth, a survey of analysts indicated. Wen will target an expansion of less than 8 percent in his report to the National People's Congress in Beijing on March 5, the equivalent of the U.S. P ...


Greek Bailout Wins Two Cheers From Wary Investors

Simon Dawson/Bloomberg An EU flag, left, and Greek national flag fly near the Parthenon temple on Acropolis hill in Athens. An EU flag, left, and Greek national flag fly near the Parthenon temple on Acropolis hill in Athens. Photographer: Simon Dawson/Bloomberg Feb. 22 (Bloomberg) -- Patrick Armstrong, a managing partner at Armstrong Investment Managers, dis ...


Existing home sales at 1-1/2 yr-high, supply falls

WASHINGTON (Reuters) - U.S. home resales surged in January to a 1-1/2 year high and the supply of properties on the market was the lowest in almost seven years, pointing to a nascent housing recovery. The National Association of Realtors said on Wednesday existing home sales increased 4.3 percent to an annual rate of 4.57 million units last month, the highes ...



Sales of Existing U.S. Homes Rise 4.3%, Best Since May 2010

Laura Segall/Bloomberg The Blanford Homes LLC Power Ranch community stands in Gilbert, Arizona. The Blanford Homes LLC Power Ranch community stands in Gilbert, Arizona. Photographer: Laura Segall/Bloomberg Feb. 10 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke speaks about the U.S. economy and housing market, and the central bank's efforts to boost ...


Deutsche Bank Says ECB to Wind Down LTROs After Three-Year Loan

Hannelore Foerster/Bloomberg A Euro sign sculpture stands in front of the European Central Bank's (ECB) headquarters in Frankfurt. A Euro sign sculpture stands in front of the European Central Bank's (ECB) headquarters in Frankfurt. Photographer: Hannelore Foerster/Bloomberg The European Central Bank's second tranche of three-year loans next week may mark th ...


Previously Owned Home Sales Probably Up in Jan.

Chris Rank/Bloomberg Residential housing stands in northwest Atlanta, Georgia, U.S. Residential housing stands in northwest Atlanta, Georgia, U.S. Photographer: Chris Rank/Bloomberg Sales of previously owned U.S. houses probably rose in January to the highest level since May 2010, adding to signs the housing market is regaining its footing, economists said b ...


Volatility Futures at 19-Month High on S&P 500

Tim Boyle/Bloomberg The S&P 500 pit on the floor of the CME Group's Chicago Board of Trade. The S&P 500 pit on the floor of the CME Group's Chicago Board of Trade. Photographer: Tim Boyle/Bloomberg Futures traders are pricing in the biggest increase in U.S. equity hedging costs since 2010 after the Standard & Poor's 500 Index rose within 2 points of erasing ...


China hearts U.S. But not as much as it used to.-- The Buzz - Feb. 15, 2012

China is still the largest foreign holder of U.S. bonds. But it has pulled back over the past year. That could be a concern. NEW YORK (CNNMoney) -- China is reportedly looking to step up its efforts to help Europe. But will this come at the expense of the United States? China still holds a gargantuan amount of U.S. bonds -- $1.1 trillion as of December, acco ...


Gordhan Unexpectedly Reduces South African Budget Deficit Target for 2013

Chris Ratcliffe/Bloomberg South African Finance Minister Pravin Gordhan. South African Finance Minister Pravin Gordhan. Photographer: Chris Ratcliffe/Bloomberg South African Finance Minister Pravin Gordhan unexpectedly cut the budget deficit target for next year as tax revenue is set to climb, easing investors' concerns about rising debt in Africa's largest ...


Volatility Futures Reach 19-Month High on S&P 500

Tim Boyle/Bloomberg The S&P 500 pit on the floor of the CME Group's Chicago Board of Trade. The S&P 500 pit on the floor of the CME Group's Chicago Board of Trade. Photographer: Tim Boyle/Bloomberg Futures traders are pricing in the biggest increase in U.S. equity hedging costs since 2010 after the Standard & Poor's 500 Index rose within 2 points of erasing ...


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GMT18:38
FOREX
Eur/Chf 1.2059 -0.099% 18:37
Eur/Jpy 106.43 0.901% 18:37
Eur/Usd 1.3251 0.159% 18:37
Gbp/Usd 1.5678 -0.609% 18:37
Usd/Chf 0.9099 -0.241% 18:37
Usd/Jpy 80.31 0.740% 18:37
Commodities Trade
Brent 122.702 0.857% 18:37
Natural Gas 2.61 -0.629% 18:37
Aluminum 2280 1.109% 18:37
Gasoline 3.056 -0.469% 18:37
Gold 1771.51 0.740% 18:37
Fuel oil 3.254 0.438% 18:37
Copper 8463.2 0.061% 18:37
Nickel 20191 -0.193% 18:34
Tin 24009 -0.555% 17:06
Palladium 719.7 1.259% 18:37
Platinum 1725.27 2.396% 18:37
Lead 2121 1.629% 17:09
Silver 34.25 -0.519% 18:37
Zinc 2048 2.043% 17:10
Stock Market Indexes
AMMEKS 2443.125 -0.026% 18:37
ASX200 4293.1 0.044% 08:20
BSE Sensex 18145.25 -1.538% 10:10
Bovespa 65966.51 -0.358% 17:37
CSI300 2597.362 1.362% 08:20
DJ-Ind 12951.83 -0.107% 18:37
Futsee-100 5916.55 -0.197% 16:35
Hang Seng 21549.28 0.329% 08:20
KOSPI 2028.65 0.218% 08:20
MICEX 1537.02 -0.075% 18:34
Merval 2831.74 1.176% 17:31
N225Jap 9554 0.961% 08:20
NASDAQ 100 2582.89 -0.284% 18:22
RTSI 1639.57 -0.150% 18:37
SandP-500 1359.42 -0.205% 18:37
SandP-Fut 1357.2 -0.213% 18:36
Shanghai 2403.851 0.941% 08:20