Home resales in the United Stats rose in July to their highest level in over three years, suggesting that an increase in borrowing costs is having only a limited impact on the housing market ... more 
Home resales in the United Stats rose in July to their highest level in over three years, suggesting that an increase in borrowing costs is having only a limited impact on the housing market recovery. Here we go again. According to Olivier Knox, chief Washington correspondent for Yahoo! News, when lawmakers return to Capitol Hill on Sept. 9 after five weeks of summer recess, Americans should brace themselves for a 'game of political chicken,'. The price of oil dropped further below $105 a barrel as traders awaited information on when the U.S. Federal Reserve will start to reduce its monetary stimulus. less 
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Wed, Aug 21, 2013 11:53 AM EDT