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By Jeanna Smialek and Lorraine Woellert, Bloomberg |
June 18, 2013
Builders began work on more U.S. houses in May and permits for new single-family homes rose to a five-year high as residential real estate underpins an economy that’s generating little inflation.
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By Jeanna Smialek, Bloomberg |
June 18, 2013
Beginning construction of new U.S. homes increased in May and permits to build single-family houses rose to a five-year high, extending a rebound that is helping shore up the expansion.
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By Susanne Walker and Anchalee Worrachate, Bloomberg |
June 17, 2013
Treasury 10-year note yields were in the narrowest range in seven weeks as investors weighed whether the U.S. economy was strong enough for the Federal Reserve to reduce bond purchases designed to hold down borrowing costs.
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By Jeanna Smialek, Bloomberg |
June 17, 2013
Confidence among U.S. homebuilders surged in June to the highest level in seven years, reflecting gains in sales as Americans rushed to take advantage of low mortgage rates.
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By Whitney Kisling, Bloomberg |
June 17, 2013
More than $500 billion wiped off the value of U.S. stocks is providing opportunities for investors who remember that equities tend to rise when the Federal Reserve begins reducing efforts to stimulate the economy.
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By Dan Levy and Heather Perlberg, Bloomberg |
June 13, 2013
Home repossessions in the U.S. jumped 11% in May after declining for the previous five months as rising prices and limited inventory for sale across the country spurred banks to complete foreclosures.
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By Lu Wang, Bloomberg |
June 12, 2013
U.S. stocks fell, with the Dow Jones Industrial Average posting its first three-day losing streak this year, as investors weighed prospects for economic growth and the pace of Federal Reserve stimulus measures.
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By Daniel Kruger and Anchalee Worrachate, Bloomberg |
June 10, 2013
For the first time since 2009, U.S. bond yields are rising at the same time inflation is slowing, providing a cushion for investors in Treasuries whether or not the Federal Reserve slows the pace of its debt purchases.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
June 5, 2013
The economy expanded at a “modest to moderate” pace in 11 of 12 Federal Reserve districts, with broad-based gains ranging from business services to construction and manufacturing, the central bank said today.
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By Jeanna Smialek, Bloomberg |
June 5, 2013
Orders placed with U.S. factories rose less than forecast in April as demand for non-durable goods dropped, probably reflecting lower fuel costs.