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Yahoo! News: Economy News
Updated : Sun, 27 Jul 2008 05:20:43 GMT
Foreclosures double from last year (Reuters)
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.
Publ.Date: Fri, 25 Jul 2008 13:02:33 GMT
Source: Yahoo.com
Consumer confidence rebounds from 28-year low (Reuters)
Reuters - U.S. consumer sentiment recovered from early 1980s lows in July as Americans received tax rebate checks from the government but remained pressured by high gasoline prices and falling home values.
Publ.Date: Fri, 25 Jul 2008 13:58:24 GMT
Source: Yahoo.com
Fortune Brands' profit falls (Reuters)
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.
Publ.Date: Fri, 25 Jul 2008 11:16:50 GMT
Source: Yahoo.com
Obama gives Bernanke vote of confidence (Reuters)
Reuters - Presidential candidate Barack Obama gave a vote of confidence to Federal Reserve Chairman Ben Bernanke, saying he had made some good decisions in difficult circumstances.
Publ.Date: Sun, 27 Jul 2008 05:20:43 GMT
Source: Yahoo.com
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