Economy / Tags / April

ECONOMY Tue Jul 8, 2008 @ 12:01pm neoform

biz.yahoo.com -- The number of homes under sales contracts fell more than expected in May after a surprising spike the month before, a real estate trade group said Tuesday. The report by the National Association of Realtors was another sign that the nation's housing prob.. Read More

ECONOMY Tue Jun 24, 2008 @ 12:00pm neoform

biz.yahoo.com -- NEW YORK (AP) -- U.S. home prices tumbled in April at the fastest rate since a widely followed index was begun in 2000 with all 20 metropolitan areas surveyed posting annual declines for the first time. The Standard & Poor's/Case-Shiller home price index.. Read More

ECONOMY Wed Jun 11, 2008 @ 3:01pm neoform

biz.yahoo.com -- CARSON CITY, Nev. (AP) -- A soft economy continued to cut into winnings of Nevada casinos during April as the clubs won $1 billion for a 5 percent decline compared with the same month a year earlier, a state report showed Wednesday. The slump was the fou.. Read More

ECONOMY Mon Jun 9, 2008 @ 12:02pm neoform

biz.yahoo.com -- The number of homes under contract to be sold rose unexpectedly in April as buyers went bargain hunting, according to a report released Monday. The Pending Home Sales Index from the National Association of Realtors (NAR) rose to 88.2 in April, up 6.3% fr.. Read More

ECONOMY Sat Jun 7, 2008 @ 12:01pm neoform

biz.yahoo.com -- Wholesale inventories jump 1.3% Wholesalers' stockpiles shot up far more in April than the 0.5% expected, though it was likely driven by higher prices for oil and food. March inventories were revised up to a 0.1% gain vs. the initial reading of a 0.1% dr.. Read More

ECONOMY Fri Jun 6, 2008 @ 3:01pm neoform

biz.yahoo.com -- Q: The unemployment rate jumped from 5 percent in April to 5.5 percent in May. What changed? A: "Half that increase came straight out of teenagers and early twenty-somethings who couldn't find work," said David Rosenberg, North American economist at Merr.. Read More

ECONOMY Tue Jun 3, 2008 @ 6:00pm neoform

biz.yahoo.com -- WASHINGTON (AP) -- Orders for manufactured goods posted a surprisingly strong increase in April as demand rose in a number of areas including heavy machinery, iron and steel. The Commerce Department reported Tuesday that orders were up 1.1 percent in Apr.. Read More

ECONOMY Sat May 31, 2008 @ 6:00pm neoform

biz.yahoo.com -- SAN FRANCISCO--(BUSINESS WIRE)--The Federal Home Loan Bank of San Francisco announced May 30, 2008, that the 11th District Monthly Weighted Average Cost of Funds Index (“COFI”) for April 2008 is 3.111%. The index for March 2008 was 3.280%. The COFI i.. Read More

ECONOMY Sat May 31, 2008 @ 3:00pm neoform

biz.yahoo.com -- Personal incomes and spending rose modestly in April, the Commerce Department said Friday, but were flat after adjusting for rising prices that continue to sap consumers' purchasing power. Consumer spending rose 0.2%, in line with views but half of March.. Read More

ECONOMY Sat May 31, 2008 @ 9:00am neoform

biz.yahoo.com -- NEW YORK (AP) -- Wall Street closed out a winning week with a narrowly mixed performance Friday after the government reported that Americans' spending rose in April to keep pace with rising costs. Investors who sent stocks higher for three straight sessi.. Read More

ECONOMY Sat May 31, 2008 @ 9:00am neoform

biz.yahoo.com -- WASHINGTON (AP) -- The first round of economic stimulus checks gave a boost to personal incomes in April but a huge question remains: Will people spend the checks quickly enough to keep the economy afloat? The Commerce Department reported Friday that con.. Read More

ECONOMY Fri May 30, 2008 @ 9:01am neoform

biz.yahoo.com -- WASHINGTON (Reuters) - Personal spending rose by 0.2 percent in April as forecast and a key measure of inflation moderated, government data on Friday showed. Personal spending, under scrutiny as a barometer of how consumers are faring as the U.S. econom.. Read More

ECONOMY Fri May 30, 2008 @ 9:01am neoform

biz.yahoo.com -- Consumer spending and personal spending both increased at a slow pace in April, in line with analyst expectations, according to a government report released Friday. The Commerce Department said personal spending by individuals in current dollars rose 0.2.. Read More

ECONOMY Fri May 30, 2008 @ 9:01am neoform

biz.yahoo.com -- WASHINGTON (AP) -- Consumer spending barely budged in April and growth in personal income slowed sharply, even though the government started sending out billions of dollars in economic stimulus payments. The Commerce Department reported Friday that consu.. Read More

ECONOMY Wed May 28, 2008 @ 12:01pm neoform

biz.yahoo.com -- New orders for manufactured big-ticket items decreased in April, according to a government report issued Wednesday, but the decline was not nearly as severe as economists expected. The U.S. Census Bureau said that new orders for durable goods fell 0.5% t.. Read More

ECONOMY Wed May 28, 2008 @ 12:01pm neoform

biz.yahoo.com -- BERLIN (AP) -- Germany's annual inflation rebounded to 3 percent this month after dropping in April, according to a government estimate released Wednesday. Year-on-year inflation in Germany, which has Europe's biggest economy, had declined to 2.4 percent.. Read More

ECONOMY Tue May 27, 2008 @ 3:00pm neoform

biz.yahoo.com -- New home sales rose unexpectedly in April but remained near historically low levels, according to a key government report on the battered housing market. April sales came in at a seasonally adjusted annual rate of 526,000, a Census Bureau report showed,.. Read More

ECONOMY Fri May 23, 2008 @ 12:02pm neoform

biz.yahoo.com -- Sales of existing homes slowed in April while inventory soared, according to a reading of the sagging housing market released Friday. The National Association of Realtors reported that sales by homeowners dipped in April to an annual pace of 4.89 million.. Read More

ECONOMY Fri May 23, 2008 @ 12:01pm neoform

biz.yahoo.com -- DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c92756) has announced the addition of US Outbound - April 2008 to their offering. The US is now the world’s second-largest spender on tourism, and the thi.. Read More

ECONOMY Wed May 21, 2008 @ 3:00pm neoform

biz.yahoo.com -- The following minutes from the Federal Reserve's Federal Open Market Committee on April 29-30, 2008 were published on the Federal Reserve web site on May 21, 2008. The Manager of the System Open Market Account reported on recent developments in foreign e.. Read More