Wed, Jul 2 2008, 7:00 AM
Economists appear to be unanimous in their calls for increased
downside risk to Thursday's BLS nonfarm payrolls report,
following a weaker-than-ex...
Wed, Jul 2 2008, 7:00 AM
Speaking at a conference in Israel, Federal Reserve board
Governor Frederic Mishkin said he currently sees an "upside
risk" to inflation expectati...
Wed, Jul 2 2008, 7:00 AM
Mortgage rates continued to set record 2008 levels
with long term rates moving up slightly during the week ended June 26,
and short term rates incr...
Tue, Jul 1 2008, 7:00 AM
According to a report from the U.S. Department of Commerce,
construction spending in the United States declined 0.4%
month-over-month in May. R...
Tue, Jul 1 2008, 7:00 AM
The U.S. manufacturing sector halted a four-month
trend of deterioration and rebounded into growth mode at 50.2 in June,
against expectations of a...
Tue, Jul 1 2008, 7:00 AM
Today's key economic release will be the ISM manufacturing index for
June where economists expect a drop to 48.5 from May's 49.6 reading.
Canadian m...
Tue, Jul 1 2008, 7:00 AM
Rumors were swirling about another major Wall Street player on Monday
as Lehman Brothers Holdings Inc. stock fell 11
percent.
The stock reached...
Tue, Jul 1 2008, 7:00 AM
Constructions loans for single and multi family
projects in the United States are incorrectly included in commercial real
estate delinquency report...
Tue, Jul 1 2008, 7:00 AM
Nearly 68,000 American homeowners with mortgage
insurance fell more than 60 days behind on their loans in May,
outnumbering the 40,687 people who ...
Tue, Jul 1 2008, 7:00 AM
CIT Group announced on Monday that it was selling
both its home lending business and its manufactured-
housing division.
The lending business w...
Mon, Jun 30 2008, 7:00 AM
The ISM-Chicago business barometer remained below 50 for the fifth
consecutive month in June, yet improved more than expected, coming in at
49.6, ag...
Mon, Jun 30 2008, 7:00 AM
Texas business activity declined further in June
according to the Dallas Fed's manufacturing report on Monday, whose
business activity index fell ...
Mon, Jun 30 2008, 7:00 AM
Canadian GDP and the ISM-Chicago Purchasing Manager's Index will
highlight the start of what is looking to be a busy shortened week on the
North Ame...
Mon, Jun 30 2008, 7:00 AM
Speaking to journalists en route to Berlin, Treasury Secretary
Henry Paulson said that his speech on July 2 will focus
on the Federal Reserve's ro...
Mon, Jun 30 2008, 7:00 AM
...He cites as examples appraisers, "fee hungry" mortgage brokers, and
real estate agents who participated in putting home buyers into subprime
mort...
Fri, Jun 27 2008, 7:00 AM
In the minutes released from a meeting of Fed
Governors to approve Bear Stearns' acquisition by JPMorgan and the
establishment of a lending facili...
Fri, Jun 27 2008, 7:00 AM
U.S. core PCE, personal income and spending, and final data from the
Michigan consumer sentiment survey will finish off the U.S. economic data
week ...
Fri, Jun 27 2008, 7:00 AM
The Federal Reserve's preferred measure of inflation ,
the personal consumption expenditures (PCE) core deflator, advanced by
0.1% (0.113%) in May,...
Thu, Jun 26 2008, 7:00 AM
U.S. existing home sales rose to 4.99 million units
in May, or 2.0%, following April's unrevised sales figure of 4.89
million. This is the third m...
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...
