Manufacturing in the New York region grew in August for the first time in more than a year, reinforcing signs the worst recession since the 1930s is nearing an end.

Existing home sales fell in August, snapping a four-month streak of increases, according to a report released Thursday. Sales of previously owned single-family homes fell 2.7% last month from July, but were up 3.4% from August 2008, said the National...

There IS plenty to be thankful for this Thanksgiving. We’ve certainly come a long way (baby) from a year ago. Let’s not forget, avoiding a second Great Depression was no foregone conclusion in the immediate wake of Lehman’s collapse. Then there’s our...

After the expected spike in existing home sales last month, I quoted legendary basketball coach John Wooden: “Never mistake activity for achievement.” It is worth repeating this month. First, it is important to remember that existing home sales are...

From Bloomberg: Late Card Payments Rose in October, Moody’s Reports Loans at least 30 days overdue, a signal of future defaults, rose to 6.12 percent in October from 5.97 percent in September, Moody’s said … defaults fell last month to 10.04...

Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., said Chinese growth is likely to be hurt by an absence of consumer demand from trading partners such as the U.S. “The Chinese, I suspect, will have a bubble of...

“It’s dangerous to be short this market,” says Peter Boockvar, equity strategist at Miller Tabak. Despite a penchant for bearishness, Boockvar says the rally can continue as long as the Fed keeps rates at zero. “When you cut rates to nothing you’re...