Housing market slips again as sales hit lows in January
U S housing data show sales of previously owned homes fell 7.2 percent in January to a 5.05 million annual rate, the lowest since June. Analysts blame high unemployment and tight lending as stimulus winds down, with the tax credit for buyers extended but not boosting activity yet.
MENTIONED IN THIS ARTICLE
Washington, D.C
Wells Fargo
Mark Witner
Danny Frank
Keller Williams
Wardly
Congress
Economic growth slows after year end surge
The economy is likely expanding at about half the 5.9 percent pace of last quarter, with consumer spending weak and unemployment near 9.7 percent. Commerce Department’s latest reading shows a six year high quarter driven by manufacturing, not consumer demand, and forecasters expect subdued growth into 2010.
MENTIONED IN THIS ARTICLE
Joel Naroff
Naroff
Washington, D.C
Commerce Department
Busi
National Association For Business Economics
Regulators defend bank lending amid credit concerns
U S regulators dismissed claims that strict rules choke credit for small businesses and CRE. FDIC official Gruenberg said banks retain loan discretion while lending to creditworthy borrowers is encouraged. Lawmakers press for direct bailout access to small business via SBA and a proposed $30 billion fund.
MENTIONED IN THIS ARTICLE
Washington, D.C
U.S
Wall Street
Martin Gruenberg
Federal Deposit Insurance Corp
FDIC
Gruenberg
Federal Reserve
Elizabeth Duke
Central Bank
House
Man
Obama
Barney Frank
D-Mass
House Financial Services Committee
Nydia Velazquez
D-N.y
Small Business Committee
Congress
Barack Obama
Velazquez
Federal
Small Business Administration
Market In Review Franks Weekly Carpeony Growe Update
Market notes show a noted 20 percent increase in min interest as investors track recog growth in carpeony and related equities. Analysts flag limited liquidity and potential volatility amid broader market shifts impacting farm commodity oriented stocks.
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Pat Percy
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Securityfederalbank.com
Securi Federal A Trust
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Jredd
Jasonreddfinancialservices.com
Beck Inc
Stock Exchange
NYSE
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vroRebarat
Ees
AL Tiv Wes AC
Papsone Tristeano
Etrade
Microsoft
Disccma
ATBT
Ine
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CBS B Sy
ConAgra
Bull
Naso
ExxonMol NY
Fcuba
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PulHi
Quaicom
Sporfnd
Synovus NY
Gmco
Sny
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WalMart NY
Wwde Nash
SEC Gees
Dow Jones
Fiat
Tains
Amencan
Capiicbua
Fidelity Contra
Cowidgrla
Incamera
Invcoama
Vanguard
Dodge & Cox Stock
EurPacGrAm
Wamutinwa
M CA
BaiAm
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