- Wall Street Ends Down But Off Session Lows Reuters
Stocks slipped on Thursday but finished sharply off their session lows as a rally in HP's shares offset worries about weak Chinese manufacturing data and the prospects of the Fed reducing its monetary stimulus.
- The Housing Market Gets Bubbly Again The Exchange
“I’m definitely concerned about the potential for an emerging housing bubble,” says Stan Humphries, chief economist for research firm Zillow. “We’re seeing a distortion of the marketplace.”
- Can Glenn Hubbard Put the Thrifty Back into the Economy? @ Daily Ticker Videos
America has a long tradition of embracing thrift. It’s been drilled into generation after generation as a sign of high moral standing. But could excessive and ongoing government-backed thriftiness be pushing the economy into a sinkhole?
Cook's appearance before Congress highlighted how much money the company is saving," says Todd Schoenberger, managing partner at LandColt Capital.