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Rise in housing starts, Yahoo! (YHOO) preps for new IPO and China’s economy misses expectations

Wed 04/16/14 - 10:39 AM | (No Comments)

Markets were heading higher on Wednesday morning after housing starts rose in March. The Commerce Department announced that groundbreaking on new homes was up 2.8% last month to a seasonally adjusted rate of 946,000. There was a large revision...

Retail Sales jump, Citigroup (C) posts unexpected profit and General Motors (GM) saga continues…

Mon 04/14/14 - 10:58 AM | (No Comments)

Markets were headed higher on Monday morning after retail sales hit their highest level in a year and a half. The Commerce Department reported that sales were up 1.1% in March, a level not seen since September of 2012....

Consumer Sentiment levels up, JPMorgan Chase (JPM) tanks and BMW joins the recent recall list…

Fri 04/11/14 - 12:24 PM | (No Comments)

Markets were falling on Friday after consumer sentiment levels hit a nine month high in April. The survey released by Thomson Reuters/University of Michigan’s showed that the preliminary reading of consumer sentiment came in at 82.6, up from the...

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