Economics

Buffett is worried about Fed policy

Buffett said he’s worried about market reaction whenever the Fed finally decides to start selling assets. NEW YORK (CNNMoney)Investor Warren Buffett said his biggest worry about the Federal Reserve’s policy of buying assets is how the markets will react once the central bank starts selling its holdings. In an appearance […]

S.E.C. Nominee Tries to Allay Skepticism

Mary Jo White’s path to the Securities and Exchange Commission has reached a crucial juncture: the Congressional charm campaign. Lawmakers are scrutinizing Ms. White ahead of her Senate confirmation hearing, raising questions about the former prosecutor’s lack of regulatory experience and the challenge of policing Wall Street firms she recently […]

Home prices shoot higher

The housing market recovery picked up steam in the final three months of last year – prices shot up 7.3%, according to S&P Case-Shiller. The report covered home prices across 20 major housing markets and comes ahead of a government report on the sales of new homes due later Tuesday. […]

Jobless claims rise

First-time claims for unemployment benefits rose last week, according to a government report that showed continued weakness in the job market. The Labor Department report showed 362,000 Americans filed for jobless benefits in the latest week, up from 342,00 the previous week, when claims may have been limited by snow […]