Articles About Bloomberg News

Author:
James I. Clark III
Posted:
01.31.2011

Latest CPI Numbers Show a Still-Shaky Economy

Rising gas prices and the dearth of jobs are negatively impacting consumer confidence and bringing the first hint of inflation in a long time.   The Consumer Price Index (CPI) showed an increase of 0.5 percent in December, primarily a result of skyrocketing gas costs, according to the Department of Labor.  The AAA reports that the […]

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Author:
Tom Silva
Posted:
01.27.2011

Federal Reserve Comes Clean on Who Received Bailout Money

At the instruction of Congress, the Federal Reserve has released the names of the approximately 21,000 recipients of $3.3 trillion in aid provided during the financial meltdown –without doubt the nation’s worst economic crisis since the Great Depression.  Not surprisingly, two of the top beneficiaries were Bank of America and Wells Fargo, who received approximately […]

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Author:
James I. Clark III
Posted:
01.17.2011

Economic Recovery Picking Up Steam

Treasuries were little changed after the minutes of the Federal Reserve’s last meeting confirmed that policymakers believe that economic growth is gaining traction.   Fed officials, however, believe that the economic gains were “not sufficient” to curtail their plans to buy $600 billion in U.S. debt to encourage employment in a stimulus strategy called quantitative […]

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Author:
James I. Clark III
Posted:
01.10.2011

Distressed CRE Has Hit a Plateau

Distressed commercial real estate volumes seem to have reached a plateau of $186.9 billion in October,  according to a report prepared by Delta Associates that crunched numbers provided by Real Capital Analytics.  The trend has been apparent for several months, according to Delta’s CEO Greg Leisch. Even as the industry breathes a collective sigh of […]

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Author:
Mike Ochs
Posted:
01.04.2011

November Existing House Sales Numbers Disappoint

Existing home sales in November rose at a slower pace than anticipated, spurred in part because of the end of a government tax credit aimed at encouraging first-time homeowners to buy.  According to the National Association of Realtors (NAR), sales rose 5.6 percent over October to an annual rate of 4.68 million.  Economists had predicted […]

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