Home sales at 10-year low, jobless claims jumpmore similar news »
WASHINGTON (Reuters) - Jobless claims jumped and the pace of existing home sales tumbled to a 10-year low as slowing growth hit hiring and a glut of unsold houses weighed on real estate, data released on Thursday showed.
Obama presses Europe on Afghanistan in Berlinmore similar news »
BERLIN (Reuters) - U.S. presidential candidate Barack Obama urged Europe to stand by the United States in stabilizing Afghanistan in a speech to over 200,000 in Berlin that stressed the need for unity in the face of new threats.
Flooding feared along U.S.-Mexico border from Dollymore similar news »
BROWNSVILLE, Texas (Reuters) - Hurricane Dolly, which lashed the U.S.-Mexico coastline, weakened to a tropical depression on Thursday over South Texas, but concern remained over flooding along the populous Rio Grande Valley.
Senate on course to vote Saturday on housing billmore similar news »
WASHINGTON (Reuters) - The Senate was on course for a Saturday vote to approve a major housing market rescue bill offering a lifeline to mortgage finance giants Fannie Mae and Freddie Mac, and bond market action on Thursday indicated investors were encouraged by the progress.
House bid to sell oil from reserve failsmore similar news »
WASHINGTON (Reuters) - The House of Representatives on Thursday failed to pass legislation intended to cool off gasoline prices by requiring the government to sell 70 million barrels of light sweet crude oil from the Strategic Petroleum Reserve, the national stockpile.
