New home sales surprised the experts. The Commerce Department said that new home sales were up by 13.8% for March, and last week used home sales were up as well. One economist says that the...

The Labor Department also noted that for 2005 consumer prices overall rose by the largest rate in five years, partly because of spiraling interest rates and energy prices. The CPI was up by 3.4% for...

The Labor Department noted that first time claims were down to 271,000, some of the lowest numbers since 2000. New housing starts fell 8.9% in December according to the Commerce Department and new building permits...

In economic news, the Federal Reserve said that manufacturing output was down for the northeast with the Empire state off 20.1 from 26.3 in December. Industrial output nationally increased by 0.6% nationally while capacity utilization...

Retailers, after reporting a better than expected January, are having the opposite effect for February. Cold blizzard-like conditions in the Midwest and eastern Atlantic states hurt same-store sales, although Wal-Mart showed a 2.9%+ gain. Retailers...

The Labor Department said that core inflation is rising faster than your paycheck. Through the first three months of this year overall inflation is up by 4.3%, last year the rate was 3.4%. Energy prices...