Asian shares fall, U.S. deficit deadlock weighs (Reuters)

Reuters – Asian shares fell on Monday as uncertainty remained over how euro zone leaders would respond to mounting funding difficulties for European banks, and an apparent failure by U.S. politicians to agree on deficit reduction hurt sentiment. Yahoo! News: Business News
Read More

111 of 150 U.S. Metro Markets Experience Home Price Declines in 3Q

Lawrence Yun According to the latest quarterly report by the National Association of Realtors (NAR), metro area median existing-home prices in the third quarter generally were down from a year ago, while sales rose in every state from the third quarter of 2010. The median existing sin
Read More

Lease Up: Chrysler To Increase U.S. Facilities Investments to $4.5 Bil

Chrysler Group LLC reached a new national labor agreement, covering 26,000 United Auto Worker employees in the U.S. Through the term of the new agreement, Chrysler Group confirms plans to invest an additional $ 1.3 billion to retool and upgrade plants for the production of new product
Read More

Mortgage Applications Uptick in U.S.

According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 21, mortgage applications increased 4.9 percent from one week earlier, which included the Columbus Day holiday. The Market Composite Index, a measure of mortgage
Read More

U.S. Foreclosures Increase in September, Loan Delinquency Rates Decline

According to Lender Processing Services’ “first look” month-end mortgage performance statistics report for September 2011, delinquency rates dipped as foreclosures increased. This data is derived from their loan-level database of nearly 40 million U.S. mortgage loans
Read More

U.S. Office Market Posts Strong Third Quarter Absorption

With the construction pipeline all but shut down and reduced rents prompting many tenants to trade up for better or more efficient space, the U.S. office market absorbed a strong 19 million square feet in the third quarter, according to data presented this week at CoStar Group’s Third
Read More

Punishing China no boon for U.S. manufacturing jobs (Reuters)

Reuters – For every Apple iPad sold in the United States, the U.S. trade deficit with China increases by about $ 275. Yahoo! News: Business News
Read More

NAHB Reports Number of Improving U.S. Housing Markets Nearly Doubles in October

David Crowe According to the National Association of Home Builders/ First American Improving Markets Index (IMI) for October, 23 individual housing markets now qualifying as “improving” under the new gauge’s parameters. This is nearly double the 12 housing markets th
Read More

Futures signal weaker open for U.S. equities (Reuters)

Reuters – (Reuters) Stock index futures pointed to a weaker open for equities on Wall Street on Friday, with futures for the S&P 500, Dow Jones and Nasdaq 100 down 0.6 to 0.8 percent. Yahoo! News: Business News
Read More

New Bill to Increase Efficiency of U.S. Visa Process Will Also Create Jobs

Roger Dow, CEO of U.S. Travel Assocation The U.S. Travel Association announced today their support for new legislation that would create U.S. jobs by increasing international travel to America. Introduced by Congressman Joe Heck (R-NV), H.R. 3039, the “Welcoming Business Travele
Read More