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By Shobhana Chandra, Bloomberg |
February 20, 2013
Builders broke ground in January on the most U.S. single-family homes in more than four years and permits for future construction rose, an indication the industry’s momentum carried over into 2013.
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By Nikolaj Gammeltoft and Sarah Pringle, Bloomberg |
February 19, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index to its highest level in five years, on optimism over dealmaking and data showing rising investor confidence in Germany.
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By Shobhana Chandra, Bloomberg |
February 19, 2013
Confidence among U.S. homebuilders unexpectedly dropped in February from a more than six-year high, a sign the real-estate market will take time to accelerate.
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By Stephen Kirkland and Cordell Eddings, Bloomberg |
February 13, 2013
Treasuries extended a third straight day of losses after a $24 billion auction of 10-year notes sold at a higher-than-forecast yield. U.S. stocks, the euro and oil erased early gains.
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By Craig Torres and Cheyenne Hopkins, Bloomberg |
February 4, 2013
Top U.S. bank regulators and lawmakers are pushing for action to limit the risk that the government again winds up financing the rescue of one or more of the nation’s biggest financial institutions.
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By Dakin Campbell |
January 31, 2013
John Roncevich walked away from Wells Fargo to advise banks sidestepping new regulations affecting the industry.
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By Alex Kowalski, Bloomberg |
January 25, 2013
Purchases of new U.S. homes unexpectedly dropped in December, indicating the U.S. housing rebound will take time to develop after the industry completed its first year of recovery.
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By Heather Perlberg and Dakin Campbell, Bloomberg |
January 22, 2013
Mortgage revenue at the four largest U.S. lenders is surpassing the costs of faulty home loans and foreclosures from the housing boom as Federal Reserve and government policies help fuel the recovery.
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By Maria Kolesnikova, Bloomberg |
January 17, 2013
JPMorgan Chase & Co. led lending to commodities companies for a third consecutive year even as global financing to the industry fell to the lowest since 2010.
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By Michelle Jamrisko, Bloomberg |
January 17, 2013
Builders broke ground on more houses than forecast in December, capping the best year for the industry since 2008, another sign residential real estate is boosting the U.S. economic expansion.