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Housing Sec. Shaun Donovan on when home prices might rebound

04/09/12 10:43AM

down dramatically. The number of new foreclosures is down by more than 50 percent since the president came into office.”Sounds promising -- but don’t rush to put your house on the market just yet.“The one place where we continue to see struggles is looking for a consistent strong recovery in house prices,” Donovan continued. “We’re seeing that in a lot of markets. read more

Must-Read Op-Eds for Monday, April 9, 2012

04/09/12 10:35AM

ow to nurture the recovery, such as it is? If long-term unemployment remains high through 2012, Congress will need to renew federal jobless benefits beyond their expiration at the end of the year. If incomes and spending remain constrained, tax relief for low- and middle-income earners will also need to be extended. The high-end Bush-era tax cuts should be allowed to expire, with the money going toward programs that have more economic impact. read more

Rattner predicts 7.8-7.9 percent unemployment on Election Day

Rattner predicts 7.8-7.9 percent unemployment on Election Day

04/09/12 09:58AM

It may not be as much fun to talk about as Etch-a-Sketch machines or Rush Limbaugh. But nothing will have a bigger impact on the November election than the economic situation. On Morning Joe Monday, Steven Rattner joined the gang to help explain what March’s disappointing jobs numbers mean both for the economy and the presidential raceEmployers added 120,000 jobs last month – a drop-off from the last three months, each of which had seen gains of at least 200,000. Why the slowdown? read more

Morning Headlines: Monday, April 9

04/09/12 05:52AM

Here's a look at the stories we're following right now. What are you reading this morning?'Orphan' state parties worry GOPObama leads among 'swing independents'U.S. policy questioned as Maliki consolidates his power in IraqNewt Gingrich: I'm 'slightly less than' $4.5 million in debtWallace's epitaph for self: 'Tough but fair'Magical shot in playoff lifts Bubba Watson at Masters'Hunger Games' sinks 'Titanic 3D' at box officeMartin killing resonates in Conn. town still trying to heal racial fissures‘Super PAC,’ eyeing general election, aims blitz at Obama read more