Director / Editor: Victor Teboul, Ph.D.

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Reports: US Foreclosures, Import Prices Fall

The U.S. housing market continues recovery, with foreclosures in September down sharply from the same period a year earlier. Tuesday's data from CoreLogic shows a drop of 17.6 percent. But that still means there were 55,000 homes where owners could not repay the mortgage loans. Severe problems in the housing sector played a key role in the financial crisis. Another study of business confidence held steady as more small firms said they plan to buy business equipment, expect higher...

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