Confidence of U.S. homebuilders jumps as recovery deepens

By Reuters UK

Confidence among U.S. homebuilders surged in June, staging its biggest gain since 2002 in one of the strongest signs yet that the U.S. housing recovery is gaining traction. (Jun 18)

MORE TOPICS: FEDERAL RESERVE, BANK OF AMERICA, MERRILL LYNCH, MANUFACTURING, STORM, NEW YORK

U.S. homebuilder sentiment rises to highest in seven years in June

By Reuters UK

Sentiment among U.S. homebuilders surged in June, rising above a key milestone for the first time since the start of the housing crisis seven years ago in a vote of confidence for the sector's recovery. (Jun 18)

MORE TOPICS: BANK OF AMERICA, MERRILL LYNCH, MANUFACTURING, NEW YORK, MANAGEMENT, MORTGAGE

June home builder sentiment index above 50, first time in seven years

By Reuters

Homebuilder sentiment jumped in June, rising above a key milestone for the first time since the start of the housing crisis in a vote of confidence for the sector's recovery, data from the National Association of Home Builders showed on Monday. (Jun 18)

JPMorgan must face lawsuit challenging mortgage fees

By Reuters

JPMorgan Chase & Co <JPM.N> must face a lawsuit accusing the largest U.S. bank of illegally imposing marked-up or unnecessary fees on delinquent mortgage borrowers, a federal judge ruled. (Jun 15)

MORE TOPICS: FANNIE MAE, CITIGROUP, BANK OF AMERICA, JPMORGAN CHASE, CALIFORNIA, COURT

Sentiment, factory data point to moderate growth

By Reuters

Consumer sentiment edged off a six-year high in June while manufacturing output picked up a bit last month, suggesting the economy remained on a moderate growth path. (Jun 15)

MORE TOPICS: FEDERAL RESERVE, MORGAN STANLEY, MANUFACTURING, NEW YORK

U.S. sentiment, factory data point to moderate growth

By Reuters UK

U.S. consumer sentiment edged off a six-year high in June while manufacturing output picked up a bit last month, suggesting the economy remained on a moderate growth path. (Jun 15)

MORE TOPICS: FEDERAL RESERVE, MORGAN STANLEY, MANUFACTURING, NEW YORK

Wholesale prices up on food, gasoline; manufacturing weak

By Reuters

Producer prices rose more than expected in May as gasoline and food prices rebounded, but underlying inflation pressures remained muted, which could argue against an early scaling back of monetary stimulus by the Federal Reserve. (Jun 15)

MORE TOPICS: FEDERAL RESERVE, MANUFACTURING

Food, gasoline push up producer prices

By Reuters

Producer prices rose more than expected in May as gasoline and food prices rebounded, but underlying inflation pressures remained muted, which could argue against an early scaling back of monetary stimulus by the Federal Reserve. (Jun 14)

MORE TOPICS: FEDERAL RESERVE, MANUFACTURING, RETAIL SALES, RETAIL

Analysis: Raising prices easier said than done for U.S. companies

By Reuters

Walt Disney Co last week hiked single-day admission prices at its U.S. theme parks by up to 9.6 percent, the fifth increase since 2009. But other U.S. companies might want to think twice before following suit. (Jun 12)

MORE TOPICS: WAL-MART, APPLE INC., GERMANY, ADVERTISING

Regulator gives big banks two years to push out swaps trading

By Reuters

U.S. officials will give JPMorgan Chase, Citigroup, Bank of America and several other big firms two years to comply with a controversial Dodd-Frank requirement that they push some swaps trading out of the bank. (Jun 12)

MORE TOPICS: CITIGROUP, BANK OF AMERICA, HSBC, JPMORGAN CHASE, MORGAN STANLEY