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  • **FILE** A home, shown March 20, 2012, has sold inside the Winthrop subdivision in Riverview, Fla. (Associated Press)

    U.S. sales of new homes rose 3.3 percent in April

    Americans bought more new homes in April, the latest signal that the U.S. housing market is steadily improving.

  • Regulators probe bank's role in Facebook IPO

    Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.

  • In an April 16, 2012, photo trader Richard Newman, left, works on the floor of the New York Stock Exchange. Wall Street headed for another day of losses, Wednesday May 23, 2012, with Dow Jones industrial futures down 0.5 percent to 12,410 and S&P 500 futures 0.6 percent lower at 1,306.50. (AP Photo/Richard Drew)

    Markets swoon as anxiety about Europe takes hold

    The threat of a financial crisis spreading from Europe shook markets on Wednesday. The euro dropped to a nearly two-year low against the dollar, oil prices sank to their lowest this year, and stocks took another fall.

  • Gas prices are displayed May 13, 2012, at a Hess station in Hoboken, N.J. (Associated Press)

    Oil drops below $90 for 1st time since Nov. 1

    The price of oil tumbled below $90 on Wednesday for the first time in nearly seven months as U.S. supplies continue to grow.

  • Book deal for watchdog who helped oversee bailout

    The man who helped oversee the $700 billion bailout of the financial industry has a book deal.

  • Facebook stock climbs after rocky start

    Facebook's stock is climbing higher, a reprieve for shareholders after the stock's rocky inaugural trading day Friday was followed by a two-day decline.

  • ** FILE ** In this Oct. 10, 2011, file photo, a magnifying glass is posed over a monitor displaying a Facebook page in Munich. Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading. (AP Photo/dapd, Joerg Koch)

    Regulators probe bank's role in Facebook IPO

    Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.

  • ICANN resumes bids for new Internet suffixes

    The organization overseeing a major expansion of Internet addresses has reopened its system for letting companies and organizations submit proposals.

  • EDITORIAL: The Facebook fiasco

    Met any Facebook millionaires? The country was supposed to be awash in them by now. But unless they are among the privileged few Facebook insiders, investors probably either lost money on the website's initial public offering (IPO) or were smart enough to wait and see.

  • **FILE** Senate Majority Leader Harry Reid, Nevada Democrat (Associated Press)

    Sequesters, tax increases would cause double-dip recession

    The automatic spending cuts and tax increases slated to take effect at the end of this year would cut the federal deficit dramatically, but would send the country back into a short recession, according to the latest analysis from Congress's official scorekeepers.

  • Illustration: Greed by John Camejo for The Washington Times

    LAMBRO: Obama's economic fantasy land

    President Obama's anti-capitalism attacks on Mitt Romney's long career as an investor who bankrolled businesses and created jobs isn't playing well in some Democratic circles.

  • **FILE** A sign marks Wall Street in New York. (Associated Press)

    Stocks end mixed after Greek worries resurface

    Stocks are closing mixed after news out of Greece yanked indexes lower shortly before the closing bell.

  • Senate panel votes to cut aid for Egypt and Pakistan

    In a fresh warning to Pakistan, a Senate panel approved Tuesday a foreign aid budget for next year that slashes President Obama's request for assistance to Islamabad by more than half and threatens further reductions if it fails to open supply routes to NATO forces in Afghanistan.

  • Illustration by Alexander Hunter for The Washington Times

    SAUERBREY: Maryland Democrats show their true colors

    The lights had barely gone out on the Annapolis special session, called to increase income taxes, when the Department of Labor jobs numbers came out for April. It reported that Maryland led the nation in job losses, dropping by 6,000.

  • DVR's ad zapper hits networks' hot button

    The maker of a new DVR that lets consumers zap away broadcast-TV commercials at the touch of a button suggested Tuesday that the networks are being shortsighted in opposing the technology.

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