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US new home sales up 2.3 percent in April

US new home sales up 2.3 percent in April
Submitted by Fox First at Ten on May 23rd
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening. New-home sales increased 2.3 percent in April from

Urban renewal? Big US cities showing strong growth

Urban renewal? Big US cities showing strong growth
Submitted by Fox First at Ten on May 23rd
By HOPE YENAssociated Press WASHINGTON (AP) - Urban renewal? New census estimates show that most of the nation's largest cities further enhanced their allure last year, posting strong population growth for a second straight year. Big cities surpassed the rate of growth of their surrounding

Urban renewal? Big US cities showing strong growth

Urban renewal? Big US cities showing strong growth
Submitted by Fox First at Ten on May 23rd
By HOPE YENAssociated Press WASHINGTON (AP) - Urban renewal? New census estimates show that most of the nation's largest cities further enhanced their allure last year, posting strong population growth for a second straight year. Big cities surpassed the rate of growth of their surrounding

Urban renewal? Big US cities showing strong growth

Urban renewal? Big US cities showing strong growth
Submitted by Fox First at Ten on May 23rd
By HOPE YENAssociated Press WASHINGTON (AP) - Urban renewal? New census estimates show that most of the nation's largest cities further enhanced their allure last year, posting strong population growth for a second straight year. Big cities surpassed the rate of growth of their surrounding

A divided Fed wrestles with when to slow bond buys

A divided Fed wrestles with when to slow bond buys
Submitted by Fox First at Ten on May 22nd
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the economy. Its uncertainty burst into view Wednesday, when Chairman Ben Bernanke testified to Congress in the morning and the Fed in the afternoon released

US home sales tick up to highest in 3 ½ years

US home sales tick up to highest in 3 ½ years
Submitted by Fox First at Ten on May 22nd
By CHRISTOPHER S. RUGABERAP Economics Writer WASHINGTON (AP) - Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale. The National Association of Realtors said Wednesday that sales rose to a

Bernanke signals Fed to maintain stimulus efforts

Bernanke signals Fed to maintain stimulus efforts
Submitted by Fox First at Ten on May 22nd
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs. Reducing the Fed's efforts to keep borrowing rates low would

Bernanke testimony to be studied for policy clues

Bernanke testimony to be studied for policy clues
Submitted by Fox First at Ten on May 22nd
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - When Ben Bernanke testifies about the U.S. economy Wednesday, the Federal Reserve chairman's words will be examined for any clues that the Fed might soon taper - or increase - its support for the economy. The Fed is pursuing an

Cellphone calls during blood pressure readings may skew results

Cellphone calls during blood pressure readings may skew results
Submitted by Fox First at Ten on May 15th
By Alan MozesHealthDay Reporter WEDNESDAY, May 15 (HealthDay News) -- New Italian research offers some cautionary advice for patients with high blood pressure: The next time you take a blood pressure reading, turn off your cellphone. The reason: Answering a cellphone call during a reading may cause

Projected lower deficit could slow any budget deal

Projected lower deficit could slow any budget deal
Submitted by Fox First at Ten on May 15th
By ANDREW TAYLORAssociated Press WASHINGTON (AP) - The good news is the budget deficit for the current year is projected to come in well below what was estimated just a few months ago. The bad news for deficit hawks is that the development could further curb the already slowing momentum for a