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Money & Markets
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Retailers’ reports show tepid May for shoppers

June 4, 2010
NEW YORK — Shoppers are still showing some scars from the recession. In a May filled with wild stock market swings, consumers gave retailers only slim revenue gains over a terrible May 200. » Full Story
 

Tax credits fuel six percent rise in April home sales

June 3, 2010
WASHINGTON — A rush of homebuyers aiming to meet a deadline to qualify for a federal tax credit pushed the number of signed sales contracts to the highest level since October. » Full Story
 

Glitch shows how much U.S. military relies on GPS

June 2, 2010
DENVER — A problem that rendered as many as 10,000 U.S. military GPS receivers useless for days is a warning to safeguard a system that enemies would love to disrupt, a defense expert says. » Full Story
 

Consumers more cautious about spending in April

May 29, 2010
WASHINGTON — Consumers don’t appear confident enough in the economy to open their wallets more freely.

Their spending stalled in April. » Full Story
 

Mortgage rates sink to lowest this year

May 28, 2010
WASHINGTON — Mortgage rates have fallen to the lowest level of the year as investors poured money into the safe haven of U.S. government securities. » Full Story
 

Factory orders and new-home sales rise in April

May 27, 2010
WASHINGTON — The economic recovery got a lift in April as orders for large manufactured goods surged while sales of new homes benefited from homebuyer tax credits. » Full Story
 

Falling home prices raise fears of new bottom

May 26, 2010
NEW YORK — The housing slump isn’t over.

Tax credits and historically low mortgage rates have failed to lift home prices so far this year. Prices fell 0. » Full Story
 

Tax credit and low mortgage rates boost home sales

May 25, 2010
WASHINGTON — Homebuyers rushed to take advantage of government incentives and low mortgage rates in April, giving the housing market its biggest boost in five months. » Full Story
 

China taking tough line as dialogue with U.S. begins

May 25, 2010
BEIJING — China showed its growing assertiveness Monday as it launched high-level talks with Washington, saying it will carry out currency reform at its own pace and calling for an end to U.S. » Full Story
 

Jobless rates drop in 34 states and D.C.

May 22, 2010
WASHINGTON — Unemployment rates fell in a majority of states last month as improved economic conditions spurred hiring. » Full Story
 
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