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California's median home price rose 11% in February from a year earlier, while home sales in the state dipped for the second consecutive month.

The stock market continued its advance of the past month after the Fed said it would keep interest rates low to revive the economy.

The 0.3 percent increase, the biggest since November, provided hope that the recovery was gaining momentum.

Americans regained more of their shrunken wealth last quarter, mainly because the economy boosted stock portfolios.

U.S. stocks rose broadly, with investors encouraged by a government report that job losses were less than expected in February.

Economists had expected the snowstorms to have a bigger impact, but job losses were surprisingly mild in February as employers cut 36,000 jobs.

Snowstorms that shut in East Coast shoppers last month also chilled sales at women's clothing stores but most retail sectors saw gains in February compared with a year earlier, data released Wednesday show....

General Motors said Tuesday that United States sales rose 11.5 percent in February over the period a year ago, including a 32.2 percent gain for the four brands it is keeping: Buick, Cadillac, Chevrolet and GMC.

While the 20-city home price index rose 0.3 percent from November to December, the index was off 3.1 percent from December a year ago.

Consumer prices rose less than expected in January while prices excluding food and energy actually fell, something that hasn't happened in more than a quarter-century.