Feb
01

Medicare Advantage enrollment rises 10 percent

Private competition works.


From this time last year, enrollment in Medicare Advantage rose 10 percent and premiums have fallen 7 percent, the Department of Health and Human Services announced today: Enrollment has risen to 12.8 million in 2012, while average premiums have fallen 7.2% to $31.54, confirming loose projections from September that enrollment in Medicare Advantage plans would [...]

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Jan
30

Michelle Malkin endorses Rick Santorum

"He rose above the fray by sticking to issues."


In a blog post that is not to be missed, Hot Air founder and longtime conservative stalwart Michelle Malkin this morning threw the weight of her opinion behind former Pennsylvania Sen. Rick Santorum — and, perhaps even more importantly, explained why she chose not to endorse the other three candidates. She has had — and [...]

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Jan
30

Michelle Malkin endorses Rick Santorum

"He rose above the fray by sticking to issues."


In a blog post that is not to be missed, Hot Air founder and longtime conservative stalwart Michelle Malkin this morning threw the weight of her opinion behind former Pennsylvania Sen. Rick Santorum — and, perhaps even more importantly, explained why she chose not to endorse the other three candidates. She has had — and [...]

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Jan
23

Gallup tracking poll puts Romney up nationally by … one point

Gaining.


Hey, Mitt Romney can finally look at a poll today where he’s leading.  Unfortunately, it’s still bad news for Romney, as the Gallup national tracking poll shows Newt Gingrich has closed to within one point over the last three days.  Romney now leads Gingrich only 29/28, dropping one point while Gingrich rose three overnight.  That [...]

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Jan
13

November trade deficit rises 10.4% as exports fall

Highest since June.


Wonder how we could have gotten stuck at a 2.0% GDP growth rate in Q4?  Novembers import and export numbers might tell a big part of the story.  The trade deficit jumped more than ten percent as American exports fell, while import purchases driven by oil shot upward, while the year-on-year trade deficit rose almost [...]

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Dec
29

Weekly jobless claims rise 15K to 381K

Sears and K-Mart to close 120 stores next year.


After a few weeks of trending reduction, if not overwhelming momentum toward a net job-creation level, the number of initial jobless claims rose last week by 15,000 to 381,000.  The Department of Labor also reported that they adjusted last week’s figure upward by 2,000 claims, but this report will almost certainly be adjusted by a [...]

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Oct
06

Weekly jobless claims above 400K

Take the poll: What will September's jobless rate be?


The Department of Labor’s report of initial weekly jobless claims shows that last week’s precipitous drop in filings looks legit — if short-lived.  The previous week’s level of 391,000 claims — a 37,000-claim drop from the previous week — only got upwardly revised by 4,000.  However, this week’s claims rose by 6,000 to finish above [...]

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Oct
05

September job-cut announcements spike 212% over last year

Mixed news.


Friday brings us the September unemployment report, but Bloomberg reports on a disturbing indicator this morning.  According to one industry analyst, announced job cuts rose 212% from the previous September and hit a two-year high (via Instapundit): U.S. employers announced the most job cuts in more than two years in September, led by planned reductions [...]

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Sep
08

Weekly initial jobless claims rise by 0.485% …

"Unexpectedly!"


Initial weekly jobless claims rose 2,000 to 414,000 from last week’s adjusted figure of 412,000, in what any statistician would say is statistical noise.  It represents a 0.485% change from the week before.  The rolling 4-week average rose 3750 to 414,750, a change of 0.912% from last week’s report.  Both are barely deviations week-on-week, and [...]

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Aug
25

Weekly initial jobless claims rise 5,000

"More than expected."


The level of weekly initial jobless claims rose slightly this week by 5,000 to 417,000.  The change pushed the 4-week average up by almost the same amount to 407,500, thanks also to an upward revision of last week’s report: In the week ending August 20, the advance figure for seasonally adjusted initial claims was 417,000, an increase [...]

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May
26

New home sales and factory orders rise

In this April 19, 2010 photo, a worker is shown building a new home in Palo Alto, Calif. Sales of new homes posted another large gain in April. Factory orders rose sharply last month while sales of new homes surged with help from government incentives, giving the economic recovery a jolt in April.










GovernmentBusinessConstruction and MaintenanceBusiness and EconomyResidential Housing

May
11

Home prices stabilize in 60% of U.S. cities

Home prices rose in nearly 60 percent of U.S. cities in the first quarter of this year, as the housing market started to stabilize thanks to billions of dollars in federal spending.







United StatesReal estate pricingReal estate economicsReal estateBusiness

Apr
29

Foreclosures fall in most of top metro areas

Foreclosure activity fell in 14 of the top 20 U.S. metropolitan areas in the first quarter compared with a year earlier, even though total U.S. foreclosures rose, RealtyTrac said on Thursday.







RealtyTracUnited StatesForeclosureHomeShrubs

Apr
05

Pending home sales rise 8.2 percent in Feb.

A sign noting the pending sale status of a single-family home tops the for sale sign in Denver. The number of buyers who agreed to purchase previously occupied homes rose sharply in February.The number of buyers who agreed to purchase previously occupied homes rose sharply in February, far exceeding expectations, in a sign that the housing market may be coming back.










us housing marketBusinessReal estateShrubsPlants

Feb
23

Home prices gain for seventh straight month

Home prices rose nationally for the seventh straight month in December as the U.S. housing market continues its bumpy road to recovery.







Real estate pricingReal estate economicsUnited StatesReal estateBusiness

Oct
15

Foreclosures up 5 percent from summer to fall

The number of households caught up in the foreclosure crisis rose more than 5 percent from summer to fall.




Sep
16

Homebuilder sentiment up again in September

The National Association of Home Builders said Wednesday its housing market index rose in September for the third month in a row.




Sep
16

Mortgage demand dips on rising rates

Demand for U.S. home loans fell by more than 8 percent as fixed mortgage rates rose last week, the Mortgage Bankers Association said on Wednesday.




Aug
19

U.S. mortgage applications rise as rates plunge

U.S. mortgage applications rose last week, largely reflecting a jump in demand for home refinancing loans as interest rates slid to a five-week low.




Aug
17

Homebuilder sentiment at highest in a year

The National Association of Home Builders said Monday its housing market index rose in August to the highest point in more than a year.




Aug
13

Foreclosures rise 7 percent in July from June

The number of U.S. households on the verge of losing their homes rose 7 percent from June to July, as the foreclosure crisis continued to outpace government efforts to limit the damage.




Aug
08

Mortgage Bonds Rise Rates Could Follow

“Fannie and Freddie are on soaring. For five days in a row Fannie Mae and Freddie Mac mortgage securities have rose. Interesting the rise in mortgage bonds is not due to an increase in the mortgage refinancing and modifying but in a reduction in refinancing, well below the forecasted levels.”

Aug
04

Pending home sales up for 5th straight month

The National Association of Realtors says pending home sales rose in June for the fifth straight month, another encouraging sign of life for the embattled U.S. housing market.