Economy, Good News | featured news

A group of financial wizards looked into their crystal ball Tuesday and saw some good news.

Sales of previously owned U.S. homes rose at their fastest pace in nearly six years in February, data showed on Monday, providing some good news for the recession hit-economy.

Investors were buoyed by comments on the US economy from the Federal Reserve chairman Ben Bernanke and sent stocks mostly higher Monday.

Dow, Nasdaq and S&P squeak out gains to end the week on a high note.

One of President Obama's top economic advisors said today that there were already signs that the $787-billion stimulus plan was helping the economy but that it was far too early to reach broad conclusions about how successful it would be.

JPMorgan Chase & Co Chief Executive Jamie Dimon said on Wednesday he sees "modest signs" of an economic recovery and endorsed a plan to create a U.S. systemic risk regulator.