Insurers Post First Sales Gain Since ’06 on Higher Rates, Economic Rebound
U.S. property and casualty insurance sales rose for the first time in four years as carriers raised rates and individual and commercial clients expanded coverage amid an economic rebound.
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Stocks mixed after weak earnings, economic reports
The stock market pulled back Tuesday from its big rally after disappointing earnings and economic reports raised investors’ concerns about the strength of the recovery.
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MARKET SNAPSHOT: U.S. Stocks Crumple As Economic Worries Persist
MARKET SNAPSHOT: U.S. Stocks Crumple As Economic Worries Persist
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Weak Housing Data May Bring To The Fore Economic Uncertainties – RTTNews Daily Market Analysis
The major U.S. index futures are pointing to a lower opening on Wednesday, with sentiment reflecting traders’ uneasiness amid cloudy economic data released earlier in the day and following yesterday’s sharp gains. A Commerce Department report showed that housing starts fell sharply in May as a payback phenomena following the expiry of the first time homebuyers’ credit at the end of April.
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Housing market here holds steady, despite economic downturn
Buying a house can be a stressful venture, especially with all the news about property values falling and the housing market crashing, but things are not as bad as on the East or West Coast.
Read more on Brenham Banner-Press
Bernanke: Housing, jobs biggest economic hurdles
Problems in the housing market and high unemployment are the biggest economic challenges the nation faces, Federal Reserve Chairman Ben Bernanke said Wednesday. After suffering through the worst recession since the 1930s, the economy seems to have stabilized… Ben Bernanke – Chair of the Federal Reserve – Recession – Unemployment – Federal Reserve System
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