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Pending home sales near a 2-year high in January

Signed contracts for home resales rose to a nearly two-year high in January, an industry group said on Monday, further evidence of a budding recovery in the housing market.

 

Detroit automakers race to keep up with sales

Auto sales are growing so fast that Detroit can barely keep up. Three years after the U.S. auto industry nearly collapsed, sales of cars and trucks are surging.

 

New-home sales dip after 4 straight monthly gains

Sales of new homes dipped in January but the final quarter of 2011 was stronger than first estimated.

 

Consumer sentiment edges up to year high

Consumer sentiment improved a tad in February to rack up a year high as Americans became more confident about the economy's resilience, a survey released on Friday showed.

 

Unemployment aid applications stay at 4-year low

Unemployment

The number of people seeking unemployment aid was unchanged last week and the four-week average of applications fell to its lowest point in four years.

 

Existing home sales at 1-1/2 yr-high, supply falls

U.S. home resales surged in January to a 1-1/2 year high and the supply of properties on the market was the lowest in almost seven years, pointing to a nascent housing recovery.

 

Dow crosses 13,000 for first time since May 2008

Stock Market

U.S. stocks moved higher in a choppy session Tuesday, with the Dow Jones industrial average moving above 13,000 for the first time since May 2008. The 13,000 level doesn’t hold a great deal of significance to market analysts, but “it’s nice to see a symbolic number,” Art Cashin, UBS director of floor operations, told CNBC. The Dow last moved above 13,000 on an intra-day basis on May 20, 2008. It last closed above that level on May 19, 2008.

 

Elizabeth Smart marries at Hawaii temple

Elizabeth Smart married her fiance Saturday at a Mormon temple in Hawaii, several months ahead of scheduled plans for the nuptials after news of her engagement last month drew widespread media attention....

 

Dow climbs in early trading to near 13,000 mark

Stock Market

U.S. stocks closed in on the psychologically important mark of 13,000 for the Dow Jones industrial average as optimism about the Greek bailout and the European financial situation sent stocks up in early trading.

 

Fewer Americans at risk of foreclosure in Q4.

The number of Americans at risk of foreclosure is declining, as more homeowners climb out of debt and find steady work.

Senh: It it could just be that most Americans have already been thrown out of their homes and are now renting.

 

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