Businesses trim inventories by 0.2 pct in December
Thursday, March 17th, 2011Businesses reduced inventories in December, a sign that they remain cautious about the strength and durability of the economic recovery.
New York manufacturing picks up but China sells U.S. debt
Thursday, March 17th, 2011A regional U.S. manufacturing gauge published Monday hit its highest level since October, but also suggested a rebound in that sector might run out of momentum.
Jobs, prices data flag hurdles for economy
Thursday, March 17th, 2011The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery.
Sales of new homes rocketed up 27 percent in March
Thursday, March 17th, 2011Sales of newly built homes shot up 27 percent in March — the largest monthly gain in nearly five decades — as mild weather and a lucrative tax credit pumped up demand for homes in all four regions of the country, according to federal data released Friday.
AIG swings to a first-quarter profit
Wednesday, March 16th, 2011Firm’s mortgage insurance business posts first profit in three years
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