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U.S. Stock Index Futures Point to More Gains

U.S. stock index futures point to Wall Street edging higher Friday, extending a rally into a fourth session, as labor market and other data in the United States pointed to a strong economic recovery.
U.S. Payroll Tax Cut Extension

Boehner Agrees to Payroll Tax Cut Extension Deal, But Will House GOP OK It?

House Speaker John Boehner, R-Ohio, signaled that if the payroll tax reduction extension deal is not approved by the House via unanimous consent on Friday, he'll call the House back into session for a vote next week. Odds are, given the tax cut's popularity, the House GOP will approve it Friday, but as Yogi Berra famously said, It ain't over til it's over.
John Boehner

Lawmakers Strike Payroll Tax Deal

House of Representatives Speaker John Boehner on Thursday caved in to a growing chorus of criticism from both within and outside his Republican party and agreed to a short-term deal to extend a payroll tax cut for 160 million Americans.
Construction workers continue work on a new subdivision of homes in San Marcos, California

10 Trends in U.S. Housing in 2011 and What to Look for in 2012

As the end of 2011 approaches, the housing market is another year removed from the subprime mortgage meltdown. But the legacy of the crash remains, as homeowners, lenders, regulators and brokers alike continue to deal with falling home prices, a glut of unprocessed foreclosures and an uncertain economy.
Oil

U.S. - A Paradigm Shift Away from Energy Independence

A paradigm shift regarding U.S. energy policy on oil has to occur. No, it won’t occur given the current make-up of the U.S. Congress, but eventually, for energy independence reasons, a paradigm shift is mandatory.
Livery Cab Deal is Done

Cuomo Signs Livery Cab Bill

Done deal. Both Governor Andrew Cuomo and Mayer Michael Bloomberg have signed a controversial bill that will allow livery cabs to pick up passengers off the street throughout the five boroughs. Bloomberg alluded to the coming deal in a press conference on Wednesday where he celebrated the 50 millionth tourists to visit New York City.
Trader works on the main trading floor of the New York Stock Exchange

Wall Street Rises After Jobless, Sentiment Data

Stocks edged higher on Thursday, putting the benchmark S&P 500 index on track for its third straight advance after data pointed to ongoing labor market improvement, albeit at a slow pace.

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