Don’t get too excited over today’s Case-Shiller home-price gains, warns Zelman & Associates. Weakness could loom as foreclosures drag on. ” Given our view on mounting foreclosur...

Morgan Stanley looks for September nonfarm payrolls to decline 150,000, “a further moderation in the pace of decline, reflecting the 29,000 drop in initial claims on a survey week to survey week...

Everett An Australian central banker at work. The dollar is feeling pressure and commodities are rising in response to the Reserve Bank of Australia’s (RBA) surprise rate hike early Tuesday. H...

Manufacturers are not done trimming their inventories yet. Factory inventories of durable goods fell in September by 1.0%. One reason is that demand remains weak, despite the September rise in new ord...

Rough session for U.S. stocks yesterday, but even worse for many overseas markets that’ve seen strong run-ups this year. If you just watched the Dow Industrials, then you missed the bigger pictu...

US stocks hit fresh session highs, as investors seize on this morning’s GDP report and ramp back up the risk trade. Every sector’s rising, with financials, materials leading; consumer di...

Interesting that the Fed’s finally listed the “economic conditions” that warrant rock-bottom rates: low resource utilization, subdued inflation trends, and stable inflation expectati...

Fed sees no change in financial markets since August, says “conditions in financial markets were roughly unchanged, on balance, over the intermeeting period.” Back in August, the Fed said ...

We knew U.S. unemployment would surge above 10% — it’s been a strong likelihood for months as companies axed jobs. Marc Chandler at BBH provides this morning’s calmest appraisal of the situa...

Britain’s economy is on track to emerge from its worst recession in decades in the fourth quarter if today’s encouraging retail sales figures are to be believed.   British retail sal...