Topic: Lucia Mutikani

New U.S. applications for unemployment benefits dropped to a near four-year low last week, a government report on Thursday showed, pointing to...
Pending sales of previously owned U.S. homes rose more than expected in May, a trade group said on Wednesday, but a glut of unsold properties...
Homebuilder exchange traded funds were fractionally higher Tuesday after the S&P/Case-Shiller home price index revealed a 1.1% decline in home...

Home-builder sentiment slides to 17-month low in Aug

WASHINGTON (Reuters) - Home-builder sentiment unexpectedly fell for a third straight month in August to its lowest level in nearly 1-1/2 years, according to a survey on Monday that pointed to a weak housing market.The National Association of Home Builders/Wells ...

Home vacancies fall in Q2 but rentals steady

WASHINGTON (Reuters) - The rate of vacancies for homes slipped slightly in the second quarter, a government report showed on Tuesday, but it was not enough to promise improvement in the hard-hit housing market.The homeowner vacancy rate eased to 2.5 percent ...

May job openings dip but hiring near 2-year high

WASHINGTON (Reuters) - Job openings slipped in May, but the hiring rate climbed to its highest level in nearly two years, government data showed on Tuesday.Job openings, a measure of labor demand, dipped to 3.21 million from 3.30 million in ...

White House will not prematurely remove support

WASHINGTON (Reuters) - President Barack Obama's top economic adviser said on Friday the administration will not make the mistake of prematurely withdrawing all the economic stimulus despite signs of growth returning. "Despite indications of economic growth returning, we must remain vigilant. Concerns ...

Obama says second fiscal stimulus not needed yet

WASHINGTON (Reuters) - U.S. President Barack Obama said on Tuesday a second fiscal stimulus package was not needed yet, as the government wants to see how the economy evolves, but warned the unemployment rate would rise over 10 percent. "Not yet because ...

U.S. existing home sales rise 2.9 percent in April

WASHINGTON (Reuters) - The pace of sales of existing homes in the United States rose 2.9 percent in April, according to an industry survey on Wednesday that supported views the three-year housing recession was near a bottom.The National Association of Realtors ...