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conomic uncertainty and a lack of credit have stymied the federal government's first-home buyer incentives.
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TREASURIES-Borrowing binge exacerbates selling in bonds - Forbes
NEW YORK, Jan 7 (Reuters) - U.S. Treasury debt prices eased on Wednesday as spotty auction results confirmed fears about the market's ability to absorb a growing need for new issuance, offsetting any safety bid from careening stocks. The downturn ...
WA's housing slumps 30% - Australian Broadcasting Corp.
Western Australia has recorded a dramatic slump in building construction. The latest figures from the Australian Bureau of Statistics reveal WA is in a housing slump with building approvals dropping about 30% from October to November last year. That ...
Unemployment to hit new low as housing market slumps - News.com.au
AUSTRALIAN bosses say job prospects are at a 10-year low, while Queensland homebuyers are fleeing the market, fuelling fears of a slump in 2009. As the Queensland mining industry announced more job cuts, business leaders were at their most ...
Euro-Zone Economic Confidence Slumps to Record Low on Global Recession - DailyFx
Jan 08 - Euro-Zone Economic Confidence Slumps to Record Low on Global Recession Jan 07 - German Unemployment Marks First Gain in Three Years Jan 06 - U.K. Home Prices Marks Largest Decline in 17 Years Jan 05 - U.K. Building Activity Slips to Record ...
Wall Street falls sharply on bleak corporate outlooks, employment ... - Allentown Morning Call
NEW YORK (AP) ? A warning from tech giant Intel about poor business conditions and more evidence of rising unemployment left stocks with their biggest losses in a month Wednesday. The news upended some investors' hopes for a speedy economic ...
Australia home building slumps, more rate cuts seen - Guardian Unlimited
SYDNEY, Jan 8 (Reuters) - Australian approvals to build new homes registered their biggest fall in six years in November, reinforcing the case for more interest rate cuts as policymakers battle to avoid a recession. The data, along with the latest ...
A market that has even Karl Case stumped - Boston Globe
When a smart guy like Karl Case can?t figure out this market, then maybe we really are in trouble. I recently interviewed the Wellesley College economist and housing guru for a story that ran in Sunday?s Globe on what?s ahead for home prices ...
Greenback Slumps on Soft data - FXStreet.com
The dollar relinquished its recent gains versus the majors, tumbling by over four big figures against the pound to 1.4960. The economic data released earlier in the session was mixed, with durable goods, factory orders, pending home sales and non ...
China to boost cheap housing - Straits Times
BEIJING - CHINA said on Tuesday that real-estate prices remained too high for many Chinese, vowing to provide cheap housing for millions of low-income families. 'We will get the job done on... fund raising and land supply to make sure that the target ...
Wall Street heads for mixed open ahead of readings on jobless claims ... - Orlando Sentinel
NEW YORK (AP) ? Wall Street headed for a mixed open Thursday, bracing for what are expected to be more bleak data on employment and retail sales. The market anticipates that the Labor Department will report that the number of new claims for jobless ...
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