Just a couple of weeks after the close of holiday spending, Wall Street is starting to forecast the financial carnage that retail stores will likely report soon. ...more

January 6, 2009

Investors have been running scared. Through early November, $219 billion was pulled out of stock mutual funds according to TrimTabs Investment Research. That comes on the heels of five straight years of investors pouring cash into their stock funds. ...more

December 28, 2008

Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday season. ...more

November 20, 2008

TAMPA BAY AREA Labor Survey Pans Pulte Fifty-nine percent, or 236, of 400 Pulte and its Del Webb homeowners surveyed in Arizona reported construction defects in their homes in a report released Friday by Building Justice, which represents labor unions. Respondents with defects described faulty electrical wiring, peeling paint and bad air conditioners. The labor group says it plans to conduct the survey in other states where Pulte builds, including Florida. Pulte spokesman Mark Marymee said the group's motivation is to unionize the workers of subcontractors who build Pulte homes. Pulte has done well on other quality surveys, he said, such as J.D. Power & Associates'. "That is the survey we care about," he said. ...more

January 26, 2008