Single family housing permits increased 1.64 percent from last month and 3.57 percent above the level seen in November 2010 but remained an astonishing 75.81 percent below the peak seen in September 2005.
The National Association of Home Builders composite Housing Market Index (HMI) climbed to 21 in December. The "buyer traffic" index climbed from record lows to 19, the highest level seen since May 2008.
From the spring's budget deal to the failure of the "supercommittee," 2011 was the year that Congress just can't get things done, despite the nation's economic struggles and growing collective anxiety. No wonder the legislative branch is so unpopular.
Buying and selling stocks should be a rules-based process that isn't based solely on gut instinct
Charitable donations are a great thing and they do offer some tax savings, but you don’t save $1 for every dollar you donate. You often reduce your tax bill roughly 25 cents for every dollar, which is still a great little bonus.
When it comes to financial matters, making decisions based on instinct and intuition can lead to trouble.
Private non-farm job “openings” declined 3.20 percent since September, but climbed 13.55 percent above the level seen in October 2010. Private non-farm job “hires” declined 2.65 percent from September and rose 5.64 percent above the level seen in October 2010.
In a televised debate, retiring Congressman Barney Frank offered concrete solutions to the nation's economic woes–while Ryan could only respond with rhetorical flourishes.
As e-book sales increase, their prices have inched upward. But will customers pay $10 to $15 for a digital book?
Because of channel bundling, TV subscribers pay $100 a year, on average, for sports programming, no matter how much they watch. But emerging technologies may offer subscribers more options to avoid paying for programming they don't want.
Pay off your debts as quickly as possible, but make sure you keep an emergency expense account funded. Question 2 in this week's mailbag.
2011 was a a year-long game of chicken played by our policy makers. This is a dangerous way to make tax and spending decisions.