Home sales continue to improve

Home sales ended a difficult year on a high note, resulting in a gain in full-year sales volume.
The National Association of Realtors reported that […]

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Going smaller and cheaper helps home builders survive

Last summer, Marie Davis was living in an 800-square-foot, one-bedroom apartment and not liking it. A single woman of 27, she wanted bigger and better.
“I […]

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Obama to Speak Today on Shrinking Government - Bloomberg

President Barack Obama will ask Congress today to give him power to reorganize the federal government, a White House official said.
The president is to […]

Raymond James buying Morgan Keegan in $1.8B deal

Regions Financial Corp. says it has agreed to sell Morgan Keegan & Co. Inc. to Raymond James Financial Inc. for $930 million.
Morgan Keegan, one of […]

Obama Odds May Rise as Unemployment Falls - Bloomberg

President Barack Obama called yesterday

Returns of online holiday gifts to hit record in U.S.

After the holiday party comes the hangover for retailers: handling millions of returns this week.
With a Christmas season that has seen record e-commerce sales coming […]

Italy raises $14 billion at much lower cost

Italy saw investors more willing to part with their cash Wednesday as it raised euro10.7 billion ($14 billion) in a pair of auctions, a sign […]

Japan Turns Activist on Reserves as Rank Slips - Bloomberg

Japan is crafting ways of using its $1.2 trillion of currency reserves, the world

Build-A-Bear issues third toy recall this year

For the third time this year, Build-A-Bear Workshop has discovered a potentially dangerous defect in its toys.
The Overland-based toy retailer is recalling 297,200 “Colorful Hearts […]

Stocks open higher despite S&P’s warning to Europe

U.S. stocks are edging higher in early trading even after Standard & Poor’s warned that it might downgrade Europe’s strongest economies.
Overseas markets sank early Tuesday […]