The Delaware Gazette

US filings for unemployment aid at a 5-week high

DG300306_web_060112_jobs

WASHINGTON — The num­ber of Amer­i­cans seek­ing unem­ploy­ment ben­e­fits rose last week to a five-week high, evi­dence that the job mar­ket remains sluggish.

US new-home sales off 7 percent in March

WASHINGTON — Sales of new homes fell in March by the largest amount in more than a year, indi­cat­ing that the U.S. hous­ing mar­ket remains under strain despite some mod­est signs of improvement.

Rising sales point to better year for housing

WASHINGTON — The hous­ing mar­ket is flash­ing signs of health ahead of the spring-buying season.

Trade group says Ohio home sales up nearly 10 pct.

COLUMBUS — A trade group’s report shows home sales rose nearly 10 per­cent in Ohio from July to August while the aver­age sell­ing price went down. Ohio Asso­ci­a­tion of Real­tors Pres­i­dent Meg Hud­son says in a state­ment that the state’s hous­ing mar­ket con­tin­ues to work toward over­com­ing chal­lenges seen since the onset of the reces­sion in 2008.

Economists see growing risk of global recession

WASHINGTON — Dis­cour­ag­ing eco­nomic data from around the globe have height­ened fears that another reces­sion is on the way. Fresh evi­dence emerged Thurs­day that U.S. home sales and man­u­fac­tur­ing are weak­en­ing. Signs also sur­faced that Euro­pean banks are increas­ingly bur­dened by the region’s debt cri­sis and sput­ter­ing econ­omy. The ris­ing anx­i­ety ignited a huge sell-off in stocks that led many investors to seek the safety of U.S. Treasurys.

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