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Economy

Stocks move higher on home building, low inflation

Investors are also sending stocks up because they expect the Federal Reserve will keep in place programs meant to prop up the economy.

Stocks edge higher on home building, low inflation

That's largely because the government's jobs report earlier this month showed that, while the U.S., economy is still adding jobs, it's not at a rate fast enough to bring down the unemployment level.

US stock futures follow Asian markets higher

Japan's Nikkei jumped nearly 5 percent after first-quarter growth for the world's third-largest economy was revised upward to 4.1 percent, from 3.5 percent.

AP survey: Economists see no stock market bubble

Among their views:- Housing will deliver the biggest boost to the U.S. economy this year - more than will higher stock prices or the Fed's low-rate policies.

News Summary: Fed sees improved economic growth

GROWTH INCREASES: A Federal Reserve survey says economic growth increased around the country from April through late May.

Highlights from the Fed's US economic survey

KANSAS CITY (includes Wyoming, Nebraska, Colorado, Kansas, Oklahoma and parts of Missouri and New Mexico):The economy grew at a modest pace and businesses expected stronger growth this summer.

Fed survey: Growth improves modestly throughout US

The mostly favorable results of the latest survey suggest that the economy and the job market are improving despite tax increases and government spending cuts that took effect this year.

India's economic growth slowest in a decade

The latest figures confirm the fears of analysts that high inflation, weak consumer spending, and delays in economic reforms have dampened investment in the Indian economy.

Taiwan cuts growth forecast on muted export demand

Taiwan has lowered its economic growth forecast for 2013 to a muted 2.4 percent as global demand for the island's electronics exports remained subdued.

British inflation eases by more than expected

The drop in inflation hit the pound, as investors speculated that it may prompt the central bank to enact another monetary stimulus soon.

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Partners

Vibrant recovery is building

The massive price inflation of 2004 and 2005 was fueled by easy credit and exotic mortgages.

NEW YORK: Stocks move higher on home building, low inflation

If inflation is in check, that gives the Fed more leeway to continue the programs.

WASHINGTON: US consumer prices rise just 0.1 pct. in May

But economists said the small gain in prices last month isn't low enough to alarm Fed...

Blogs

10 States That Enjoy the Highest Economic Growth

Next up, we head further West to Washington, the state with a 3.6-percent GDP growth.

10 States That Enjoy the Highest Economic Growth

Like Tennessee, durable-goods manufacturing accounts for the majority of Indiana's GDP growth.

10 States That Enjoy the Highest Economic Growth

Like Tennessee, durable-goods manufacturing accounts for the majority of Indiana's GDP growth.

Web

Tesco Sales Jump as Shoppers Splurge on 'Finest' (Update1)

Jan. 12 (Bloomberg) -- Tesco Plc, Britain's largest retailer, reported the strongest sales...

- The Washington Post

The group, called The NewDEAL (an acronym for Developing Exceptional American Leaders), will...

For Many Filipinos, Jobs and the Good Life Are Still Scarce

"The Philippines is the rising tiger economy of Asia," Mr. Tagarro said.