2010, January | featured news

While the Case-Shiller index showed prices were slightly higher than in December, the rebound seems to be fading. The Standard & Poor’s Case-Shiller Index rose 0.3 percent in January from December, seasonally adjusted, its eighth consecutive monthly increase.

China, the largest foreign holder of U.S. Treasurys, sold a net $5.8 billion of the government's debt in January on top of more than $34 billion in December. It also continued shifting its holdings into longer-term paper.

Report suggests demand for housing is sinking this winter, especially after stormy weather.

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.

The federal deficit through the first four months of the budget year is running at a record-breaking pace even though the deficit in January was slightly smaller than expected.

Hopes that the economy can sustain its recovery drew support Wednesday from news that industrial ouput rose for a seventh straight month and home construction hit a six-month peak in January....

Retail sales posted a better-than-expected increase in January, a welcome development that could mean stronger economic growth in coming months.

The nation's unemployment rate tumbled unexpectedly to 9.7% in January, first time it's fallen below double digits since September, the Bureau of Labor Statistics reported Friday.

Sales increase 3.3% over a year earlier in a usually slow month. Notably, beleaguered Abercrombie & Fitch posts an 8% increase.

The economy's service sector grew in January for the first time since September while the pace of job losses moderated, a private trade group said Wednesday.