Thu, Jun 26 2008, 7:00 AM
A final look at U.S. first quarter GDP and initial jobless claims will
be the key releases of the morning followed by the releasing of U.S.
existing...
Thu, Jun 26 2008, 7:00 AM
Economists say the higher-than-expected initial jobless
claims reading for the week ending June 21 and four-year high
reached in continuing claims...
Thu, Jun 26 2008, 7:00 AM
Condominium sales were the main driver of the 2.0%
rise in existing home sales in May, which came in higher than the 1.2%
gain expected by economis...
Thu, Jun 26 2008, 7:00 AM
Soaring world oil prices will drive the cost of gasoline in the U.S.
into the stratosphere over the next two years, forcing many
Americans off th...
Thu, Jun 26 2008, 7:00 AM
The sale of Countrywide Mortgage to Bank of America
absorbed another blow this week as three states took legal action against
the lender.
The a...
Thu, Jun 26 2008, 7:00 AM
The New York Fed created two new entities on Thursday in an effort to
improve the bank's risk management and communications
among regional and com...
Wed, Jun 25 2008, 7:00 AM
Weekly mortgage applications in the United States
fell further in the week ending June 20, according to data from the
Mortgage Bankers' Associatio...
Wed, Jun 25 2008, 7:00 AM
U.S. durable goods orders, new home sales , and the
Department of Energy's weekly oil inventories are the highlights of the
early morning's events,...
Wed, Jun 25 2008, 7:00 AM
Wed, Jun 25 2008, 7:00 AM
After five months of declines in the pace of new home
sales , April's uptick appears to have been temporary as new home
sales in the U.S. continued...
Wed, Jun 25 2008, 7:00 AM
Durable goods excluding transportation fell by 0.9%
in May in the U.S. durable goods report on Wednesday, according to the
Department of Commerce. ...
Wed, Jun 25 2008, 7:00 AM
The Federal Reserve announced Wednesday that it would hold the
Fed funds target rate at 2.00% , as was widely expected.
The accompanying statement ...
Tue, Jun 24 2008, 7:00 AM
Speaking in London at Euromoney's Global Borrowers Investors Forum
2008, Assistant Secretary of the Treasury for Financial Markets, Anthony
Ryan sai...
Tue, Jun 24 2008, 7:00 AM
U.S. house prices fell 0.8% month-over-month in April
following March's revised 0.6% decline, the Office of Federal Housing
Enterprise Oversight (...
Tue, Jun 24 2008, 7:00 AM
The S&P Case-Shiller home price index continued to
deteriorate in April as the 20-city composite index posted a record
annual decline of 15.3% . ...
Tue, Jun 24 2008, 7:00 AM
In an interview with a Mexican television station, U.S. Treasury
Secretary Henry Paulson said the biggest challenge
facing the U.S. economy is an ...
Tue, Jun 24 2008, 7:00 AM
The S&P/Case Shiller house price index , data from the
OFHEO and the Richmond Fed's manufacturing report will highlight the U.S.
economic releases ...
Tue, Jun 24 2008, 7:00 AM
Not a single contrarian voice exists among the 101 economists surveyed
by Bloomberg for Wednesday's U.S. rate announcement from the Federal Open
Mar...
Tue, Jun 24 2008, 7:00 AM
The Conference Board's consumer confidence index for
June tumbled to levels not seen since 1992 at 50.4 in Tuesday's report,
led by a near 10-poin...
Tue, Jun 24 2008, 7:00 AM
Speaking via satellite to a conference in Johannesburg, Former Fed
Chairman Alan Greenspan said the financial market crisis
will continue for some...
Mon, Jun 23 2008, 7:00 AM
The Conference of State Bank Supervisors ( CSBS ) and
the American Association of Residential Mortgage Regulators (AARMR)
announce that six more sta...
Mon, Jun 23 2008, 7:00 AM
The Chicago Fed National Activity Index came in at -
0.96 in May, up from the April reading of -1.23, which was downwardly
revised from -1.17. Desp...
Mon, Jun 23 2008, 7:00 AM
It will be relatively quiet day today, with the only significant
releases scheduled consisting of the Chicago Fed's National Activity
Index and the ...
Mon, Jun 23 2008, 7:00 AM
U.S. Treasury Under Secretary Robert Steel said the current de-
leveraging in the financial sector and re-pricing of risk will
continue for some ti...
Fri, Jun 20 2008, 7:00 AM
Following the third major "sweep" of the mortgage
industry in four years, the U.S. Department of Justice (DOJ) and
the Federal Bureau of Investiga...
Fri, Jun 20 2008, 7:00 AM
At 10:00 a.m. EDT, U.S. mass layoffs data for the month of May will be
released from the U.S. Bureau of Labour of Statistics. There were 133,914
mas...
Thu, Jun 19 2008, 7:00 AM
Manufacturing in the region covering eastern Pennsylvania, southern
New Jersey and Delaware remained in decline for the seventh consecutive
month in...
Thu, Jun 19 2008, 7:00 AM
At 10 a.m. EDT, the Philadelphia Fed will release its
manufacturing index for June. Economists expect the
headline index to rise to a reading of -...
Thu, Jun 19 2008, 7:00 AM
Initial claims for unemployment benefits in the
United States came in higher than expected with 381k claims in the week
ending June 13, following ...
Thu, Jun 19 2008, 7:00 AM
Testifying before the Senate Banking Committee on risk management and
systemic risk, Federal Reserve Vice-Chairman Donald Kohn
said that while liq...
Thu, Jun 19 2008, 7:00 AM
Speaking at the Women in Housing & Finance's annual
meeting in Washington, D.C., Treasury Secretary Henry
Paulson said that the U.S. may have to...
Wed, Jun 18 2008, 7:00 AM
**BLANK**
Wed, Jun 18 2008, 7:00 AM
Today will be a day to watch what central bankers
have to say about the current economic conditions, with the Fed's Yellen,
EU's Juncker and the B...
Wed, Jun 18 2008, 7:00 AM
Weekly mortgage applications in the United States
fell further in the week ending June 13, according to data from the
Mortgage Bankers' Associatio...
Tue, Jun 17 2008, 7:00 AM
Jerry Howard, NAHB executive vice president and CEO testified before a
House Financial Services Committee hearing on H.R. 6078 ,
the Green Resource...
Tue, Jun 17 2008, 7:00 AM
"U.S. housing starts have left no doubt that the housing
crunch is still in full swing," said Dimitry Fleming at ING
Wholesale Banking. "Home buil...
Tue, Jun 17 2008, 7:00 AM
The Federal Reserve won't hike interest rates on June
25 and may not hike in August, articles in the Wall Street Journal and
Financial Times sugge...
Tue, Jun 17 2008, 7:00 AM
U.S. housing starts came in below expectations at
975k in May, a month-over-month decline of 3.3%, according to data
released from the U.S. Depart...
Mon, Jun 16 2008, 7:00 AM
The loud "thud" you just heard over in the corner of the Senate
hearing room was Senator Chris Dodd's vice presidential
hopes hitting the wall.
...
Mon, Jun 16 2008, 7:00 AM
Federal Reserve Chairman Ben Bernanke has no plans to raise
interest rates and is more concerned about growth than
inflation, a Washington Post op...
Mon, Jun 16 2008, 7:00 AM
Earnings from Lehman Brothers will kick off the day followed by
Canadian motor vehicle sales and the Empire Fed's manufacturing index.
Markets will ...
Mon, Jun 16 2008, 7:00 AM
A report from Wells Fargo and the National Association of Home
Builders (NAHB) suggests that homebuilders were even
more pessimistic in June as th...
Fri, Jun 13 2008, 7:00 AM
Speaking at an economic forum in Mexico City, Mexico, Former
Fed Chairman Alan Greenspan said that while he has seen a
pronounced turnaround in Ma...
Fri, Jun 13 2008, 7:00 AM
U.S home foreclosures grew by 7% percent in May and
increased by 48% annually, according to a report released by RealtyTrac.
That is the highest r...
Fri, Jun 13 2008, 7:00 AM
At 10 a.m. EDT, Reuters and the University of Michigan will release
the preliminary consumer sentiment report for June. The headline index is
expect...
Fri, Jun 13 2008, 7:00 AM
Core inflation continued to be benign in May, rising 0.2% in the month
and 2.3% in the year, but the Fed will likely put more focus on total
inflati...
Thu, Jun 12 2008, 7:00 AM
A pair of top executives at Lehman Brothers have
resigned with shares of the company in freefall.
Shares of the company are trading down 3% t...
Thu, Jun 12 2008, 7:00 AM
Speaking in an interview with CNBC, Philadelphia Fed President
Charles Plosser said the inflation threat was "serious", and
called it an "insidiou...
Thu, Jun 12 2008, 7:00 AM
The National Association of Realtors� (NAR) presently claims 1.2
million members. We figure those are figures from 2007, pre-dating the
worst of the...
Wed, Jun 11 2008, 7:00 AM
Speaking at the Cleveland Fed's 2008 Community Development Policy
Summit on consumer credit markets , Fed Governor Randall
Kroszner said that more ...
