2010 | featured news

Consumer confidence dims as home prices advance

Consumer confidence sank in July to its lowest since February on job market worries, underscoring the slow path to economic recovery, and home prices rose in May but without signs of a sustained rebound, reports released on Tuesday showed.

 

New home sales up, but sales remain slow

For those seeking hope in the better-than-expected 23.6 percent jump in new home sales in June: it's only one month's data.

Senh: Sure, these figures for new home sales are only for June, but we'll take any good news we can get.

 

Economists say recovery continues, but pace slows

Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and fewer cutting jobs, but the pace of growth has slowed, a new survey shows.

 

Survey: Consumers' mood lowest in 11 months

U.S. consumer sentiment weakened in early July to its lowest in 11 months on a resurgence in fears about the economy, a year since the recovery began, a private survey shows.

 

Spending on political TV ads skyrockets

Congressional candidates, political parties and special-interest groups have spent more than $139 million on TV ads to influence November's federal ...

 

Retail sales drop 0.5% in June

Retail sales fell in June for the second straight month, more evidence that the U.S. economic recovery will slow in the second half of the year.

 

Housing Double Dip Appears To Be Underway

Home values slide again in 2010, with few exceptions.

 

Service sector grows more slowly

The U.S. service sector grew in June for a sixth straight month but the rate of growth slowed more than expected and hit its lowest since February, according to an industry report released on Tuesday.

 

Fireworks Follow Sun-Scorched July 4 Festivals

Fireworks Follow Sun-Scorched July 4 Festivals

US celebrates its 234th Independence Day with fireworks and festivals, hot dogs and heat.

 

Unemployment rate falls, but job momentum weak

Unemployment rate falls, but job momentum weak

Private employers add 83,000 jobs in June, more than double the rate in May but still below the numbers that would suggest a strong recovery.

 

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