New-home construction takes a pause

After a strong start to the year, home builders have pared back, according to a report from the Census Bureau.
The number of new homes that began construction in March fell 5.8% to an annualized rate of 654,000 compared with February, the bureau said Tuesday. Housing starts were up year over year, however, by 10.3%. […]

CarrierCompare: The iPhone app your carrier doesn’t want you to see

A new app hit the iTunes store Friday morning that your carrier probably isn’t too thrilled about.
It’s called CarrierCompare. Developed by Boston-based startup SwayMarkets, it allows you to see which carrier offers the best service for your iPhone in any given location.

The crowd-sourced app is simple to use. After you touch the start screen, […]

Analysis: How low can U.S. jobless rate really fall?

Gary Feeman has been searching for a job for 16 months. He’s not ready to give up just yet, but the 60-year-old worries he is running out of options.
Feeman is among the more than 5 million Americans who have been out of work for more than six months and who represent the heart of […]

Rents keep rising as home prices stagnate

Renting used to be cheaper than buying. But in many U.S. cities that’s no longer the case, as rents continue to climb and home prices stagnate.
While asking prices for homes declined 0.7% over the past 12 months through March, rents rose 5%, according to a report released Thursday by real estate listing site Trulia. […]

Ontario Teachers

The Ontario Teachers

Ireland Buys More Time on Bond Market Return after Debt Accord - Bloomberg

Irish Finance Minster Michael Noonan laid out plans to ease the immediate burden of repaying the country

Gas prices already closing in on last year’s high

The price of gasoline is less than a dime away from last year’s high.
At an average of $3.90 per gallon, Americans have never paid more at this time of year and prices are expected to keep climbing with two months remaining before the traditional kickoff of the summer driving season.
Prices peaked last year in May […]

Egyptian parliament names constitution panel

Islamists that dominate Egypt’s new parliament looked Saturday to solidify their power over the country’s political direction as lawmakers chose a 100-member panel to draw up the country’s new constitution.
The selection process has sparked a fierce debate in Egypt. With so much at stake, a bloc of secular and liberal lawmakers boycotted Saturday’s voting by […]

Europe Revival Seen in Most Bond Sales Since

Europe

Iran Central Bank Says Rial Can Be Traded at Market Rates - Bloomberg

Iran