Rates on 30-year mortgages rose again this week, climbing to the highest level in more than nine months, reflecting more concerns about how the Federal Reserve will respond to higher inflation pressures. ...more

June 27, 2008

For the first time in 21/2 years, home sales in the Tampa Bay area increased, but condominium sales continued to plunge. ...more

June 27, 2008

Growing global demand and supply constraints will push oil prices to $200 a barrel and gas prices to $7 a gallon within four years, forcing 10 million U.S. cars off the road, according to Jeff Rubin, chief economist at CIBC World Markets. ...more

June 27, 2008

TAMPA - For the first time in two and a half years, home sales in the Tampa Bay area increased while condominium sales continued to plunge. ...more

June 26, 2008

It isn't easy being an economist nowadays. Everyone wants a rosy report on the economy, but all Bob Allsbrook can offer - at least for now - is more pain for Florida housing and its economy. ...more

June 26, 2008

The Federal Reserve decided on Wednesday to leave a key interest rate unchanged and cited a heightened risk of inflation, which could lead to rate increases down the road. Private analysts said the Fed might delay the first rate increase until December. ...more

June 26, 2008

U.S. consumers are the gloomiest they've been since the tail end of the last prolonged recession. Inflation, sinking home values and soaring gasoline prices have pushed confidence to the lowest level since 1992. Consumers' view of the economic future has never been lower, raising worries that already weak consumer spending could deteriorate further. ...more

June 25, 2008

last week's 6.3 percent increase in April's pending home sales index, for example - there's a flurry of pronouncements that the residential real estate market has bottomed. ...more

June 19, 2008

The U.S. economy may be suffering from its first bout of stagflation since the start of this decade, reports on housing, prices and manufacturing indicated. ...more

June 18, 2008

The stimulus checks are working. A big increase in retail sales signaled that people are spending their rebate payments, helping to ward off a serious economic slump, at least for now. ...more

June 13, 2008