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Mad cow case will have impact on US industry, economy
AFP - 1 hour, 18 minutes ago
The discovery of the first suspected US case of mad cow disease will mean a blow to the massive American beef industry and the overall economy, analysts say, but the degree remains uncertain. Full Coverage
Durable-Goods Orders Drop 3.1 Percent
AP - 1 hour, 46 minutes ago
America's factories saw orders for big-ticket goods drop by 3.1 percent in November, the largest decline in more than a year, raising new questions about how firm a grip manufacturers have on their own fragile recovery. Full Coverage
Pre-Christmas Economic News Not So Cheery
Reuters - 2 hours, 35 minutes ago
A day before Christmas, the government reported some surprisingly bleak economic news as drops in orders for costly durable goods and in new-home sales cast a cloud across generally cheery expansion prospects. Full Coverage
New Home Sales Slide in November
Reuters - Wed Dec 24,10:36 AM ET
Sales of new U.S. homes fell unexpectedly in November as buying appetites eased despite a dip in mortgage rates to the lowest levels in five months, a government report showed on Wednesday.
New orders for big-ticket items plunge in US
AFP - Wed Dec 24, 9:28 AM ET
US factories reported an unexpected plunge in big-ticket orders in November, the government said, a worrying sign in the early stages of economic recovery.
Mortgage Applications Fall in Latest Week
Reuters - Wed Dec 24, 9:07 AM ET
Applications for U.S. home loans fell last week, a trade group said on Wednesday, as consumers shrugged off the lowest borrowing rates in five months and focused instead on holiday shopping. Full Coverage
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