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U.S. home sales miss expectations

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market, street

Published Sept. 25, 2009 at 2:00 p.m.

U.S. new home sales eked out a modest 0.7 percent gain last month, missing expectations on Wall Street and the latest evidence that the hard-hit housing market continues to struggle ...

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Bernanke sees gradual economic recovery

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market

Published May 5, 2009 at 1:39 p.m.

Federal Reserve Board Chairman Ben Bernanke sees the bottoming out of the housing market slump and increasing spending by consumers as signs the U.S. economy will be on the mend later this year, although he forecasts the recovery will be gradual ...

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Census Bureau: New home sales plummet in March

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market

Published April 24, 2009 at 2:57 p.m.

Home builders’ efforts to goose sales of new homes with below-market mortgage rates and lost-your-job payment guarantees are doing little to overcome buyers’ fears ...

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Treasury Deptartment to buy $15B in SBA securities

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business, market

Published March 16, 2009 at 2:26 p.m.

The U.S. Department of the Treasury will purchase up to $15 billion in securities backed by U.S. Small Business Administration loans in an effort to unfreeze the secondary market for SBA loans ...

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