Tag: US Economy

Home resales slip, housing recovery still eyed

Home resales retreated in September from a two-year high, a reminder that America’s housing sector is a long way from a full recovery despite recent signs of improvement. The National Association of Realtors said on Friday that existing home sales dropped a modest 1.7 percent last month to a seasonally […]

Dow, S&P fall despite global central bank action

By Burton Frierson | Reuters The Dow and the S&P 500 fell on Thursday, retreating from the biggest three-day rally of the year as investors geared up for a jobs report that is likely to show Europe’s crisis is weighing heavily on the U.S. economy. The market derived no lasting […]