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Tuesday, March 26, 2013

The Two-Way

Home Prices Rose Again In January, But Consumer Confidence Is Down

A newly built home in San Diego.

March 26, 2013 The housing sector's recovery continues. Prices were up more than 7 percent in major cities.

Summary

Monday, March 25, 2013

The Two-Way

Cypriots Are Suspicious, But Bailout Deal Seems Set

A Cypriot man held some  coins in Nicosia on Sunday. He and others on the island nation were watching anxiously as world leaders put together a bailout package for Cypriot banks.

March 25, 2013 The $13 billion bailout has some tough conditions. It is aimed at shoring up the island nation's banking sector and making sure its problems don't spread to other nations. But many Cypriots think their creditors have other intentions.

Summary

Tuesday, March 19, 2013

The Two-Way

Housing Rebound Continues: Starts Rose 0.8 Percent In February

A home under construction in Atlanta late last year. The housing sector is now one of the economy's bright spots.

March 19, 2013 The housing sector, which saw its bubble burst in 2007 and 2008, is now one of the economy's bright spots.

Summary

Friday, March 15, 2013

The Two-Way

Gasoline Pushed Consumer Prices Up Sharply In February

Handles on a gas pump in Brooklyn.

March 15, 2013 Prices rose overall by 0.7 percent. The major factor: a 9.1 percent surge in gasoline. Since February, though, gas prices have retreated. So economists do not think the latest report changes the inflation picture.

Summary

Thursday, March 14, 2013

The Two-Way

Jobless Claims Drop; Wholesale Prices Rise

March 14, 2013 The pace of claims for unemployment insurance continues to be the lowest since January 2008. Meanwhile, higher energy costs pushed wholesale prices up sharply in February. But the upward pressure has since eased somewhat.

Summary

Wednesday, March 13, 2013

The Two-Way

Retail Sales Rose In February; Spending Was 'Relatively Robust'

March 13, 2013 The 1.1 percent increase is a sign that despite higher payroll taxes and increases in the price of such things as gasoline, consumers are still willing to spend. And that's good news for the economy.

Summary

Friday, March 08, 2013

The Two-Way

Pleasant Surprises: 236,000 Jobs Added; Jobless Rate Dips To 7.7 Percent

The scene at a job fair in Manhattan earlier this month.

March 8, 2013 February's jobs numbers were better than expected. The jobless rate is now the lowest it's been since President Obama took office. The rate's recent peak was 10 percent in October 2009.

Summary

Wednesday, March 06, 2013

The Two-Way

Economy Growing At 'Modest To Moderate Pace,' Fed Says

March 6, 2013 As the year began there was at least some growth in most parts of the country, the central bank says.

Summary

The Two-Way

198,000 Jobs Added In February, Report Shows; January Growth Revised Upward

The scene at a job fair in New York City on Feb. 28.

March 6, 2013 The job market remains "sturdy," according to the latest ADP National Employment Report. Much more will be known about the labor picture when the Bureau of Labor Statistics releases its figures on Friday.

Summary

Thursday, February 28, 2013

The Two-Way

Better Than Nothing? GDP Revised From Slight Drop To Slight Gain

February 28, 2013 The economy barely grew in the fourth quarter of 2012, the government now says. But that's better than what it thought before — that the economy had contracted. Meanwhile, the number of people applying for jobless benefits fell last week.

Summary

Tuesday, February 26, 2013

The Two-Way

Home Sales, Consumer Confidence And Bernanke All On Positive Side

February 26, 2013 But the Federal Reserve chairman warns Congress that the "sharp, front-loaded spending cuts" that would come with the so-called sequester could hurt the economy. He recommends "policies that reduce the federal deficit more gradually in the near term but more substantially in the longer run."

Summary

All Tech Considered

Seeking A 'Field Of Dreams' For A Rising Drone Industry

Joe Kummer, president of Propulsive Wing in Elbridge, N.Y., is rooting for having a drone test site in upstate New York. He says it could save him trips to the West Coast to try out new drone prototypes.

February 26, 2013 WRVODrone developers in upstate New York and other regions are striving to be named official testing sites for drones as the FAA creates regulations for their use. They hope to emerge as the Silicon Valleys of unmanned aerial systems, attracting billions of dollars and thousands of jobs.

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Thursday, February 21, 2013

The Two-Way

Existing Home Sales Rise Again; 'Seller's Market Is Developing,' Realtors Say

A "for sale" sign in San Francisco last summer.

February 21, 2013 Sales were up more than 9 percent from a year ago. Realtors report that across much of the nation, would-be buyers are beginning to outpace the supply of homes.

Summary

The Two-Way

Inflation Was In Check Last Month; Jobless Claims Jumped Last Week

Gasoline prices at a station in Encinitas, Calif., earlier this week.

February 21, 2013 Consumer prices were flat in January. But since then, gas prices have risen sharply. So upcoming inflation reports may not be as positive.

Summary

Wednesday, February 20, 2013

The Two-Way

Single-Family Housing Starts Edged Up In January

Going up: A construction worker at a housing development in San Mateo, Calif., in June 2012.

February 20, 2013 The housing sector has been among the economy's bright spots. The news about single-family homes is a sign that trend will continue.

Summary

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