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U.S. home sales up in Oct. as housing market recovers

WASHINGTON – U.S. sales of previously occupied homes rose solidly in October, helped by improvement in the job market and cheap mortgages. The National Association of Realtors says sales rose 2.1 per...

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U.S. economy third-quarter growth better than initial estimate

WASHINGTON – The U.S. economy grew at a 2.7 per cent annual rate from July through September, much faster than first thought. The strength is expected to fade in the final months of the year because of...

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Why America’s economy has taken flight

Patrick T. Fallon/Bloomberg For many people the name Nouriel Roubini probably won’t ring any bells. Chances are, though, his nickname, Dr. Doom, will. Sure, there have been other economic...

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