| U.S. Economy Headlines |
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| Fortune Brands' profit falls
(Reuters)
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| Reuters - Consumer products company Fortune
Brands Inc reported lower quarterly profit on Friday,
hurt by the U.S. housing slump, weak consumer sentiment, higher
commodity costs and an unexpected Australian tax hike. -- read full article |
| Fri, 25 Jul 2008 11:16:50 GMT - Yahoo! News: Economy News |
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| Dollar lower before key economic data
(AFP)
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| AFP - The dollar fell against the euro and yen on Friday as the market awaited publication of US housing figures and data on consumer sentiment in the world's biggest, but struggling, economy.
-- read full article |
| Fri, 25 Jul 2008 11:19:34 GMT - Yahoo! News: Economy News |
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| Foreclosures double from last year
(Reuters)
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| Reuters - Home foreclosure filings rose 14
percent in the second quarter, the eighth consecutive quarterly
climb, and more than doubled from the same period a
year-earlier, real estate data firm RealtyTrac said on Friday.
-- read full article |
| Fri, 25 Jul 2008 13:02:33 GMT - Yahoo! News: Economy News |
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| June durable goods orders rise unexpectedly
(Reuters)
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| Reuters - New orders for long-lasting
U.S. manufactured goods rose unexpectedly in June on a surge in
defense orders while a gauge of business investment was also
higher than forecast in signs of economic resilience, a
government report showed on Friday.
-- read full article |
| Fri, 25 Jul 2008 13:29:51 GMT - Yahoo! News: Economy News |
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| New home sales fall but stronger than expected
(Reuters)
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| Reuters - Sales of newly constructed U.S.
single-family homes were stronger than expected in June, and
inventories shrank to three-and-a-half-year low, a government
report showed on Friday, providing a glimmer of hope for the
beaten-down housing market.
-- read full article |
| Fri, 25 Jul 2008 14:34:01 GMT - Yahoo! News: Economy News |
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| New home sales fall less than expected
(AP)
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| AP - Sales of new homes fell in June for the seventh time in the past eight months, but the decline was less than had been expected, raising faint hopes that the nation's severe housing recession could be approaching a bottom.
-- read full article |
| Fri, 25 Jul 2008 17:26:58 GMT - Yahoo! News: Economy News |
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