Dr. Phil Buys in Beverly

July 30th, 2010

Dr. Phil has bought an estate in Beverly Hills, Calif., for .5 million. Plus, a Forbes family ranch in Wyoming hits the market, and big properties in Kauai go up for auction.
WSJ.com: Buying & Selling

Petroleum Imports Play Complex Role in GDP

July 30th, 2010

Petroleum imports may shave more off GDP than some economists think, according to a recent analysis by St. Louis forecasting firm Macroeconomic Advisers.




WSJ.com: Real Time Economics

Living in a Barn

July 30th, 2010

These luxury “barn-style” homes in New York and Colorado have amenities like swimming pools and screening rooms.
WSJ.com: Buying & Selling

Prospect Towers garage collapse will cost owner $12M for repairs, evacuation

July 30th, 2010

The owner of a Prospect Avenue parking garage that collapsed plans to spend about million on repairs and costs related to the evacuation of tenants of the adjacent high-rise, a company spokesman said Thursday.

Real Estate News

Home prices still falling in most cities

July 30th, 2010

After welcome signs of growth in housing earlier this year, home sales – and prices – appear to be wilting again in the summer heat.

Real Estate News

Fed’s Bullard Raises Policy Concerns

July 30th, 2010

The Fed’s promise to keep its target interest rate near zero for an “extended period” could have the counterproductive effect of encouraging a Japan-like deflation trap, St. Louis Fed President Bullard said.




WSJ.com: Real Time Economics

The Venus-Mars Split in Confidence and Shopping

July 29th, 2010

A survey of 1,070 women and 935 men showed a gender divide when it comes to assessing the economy’s recovery.




WSJ.com: Real Time Economics

Bullard Remarks Don’t Signal Wider Fed Shift

July 29th, 2010

James Bullard’s line that the Fed should consider reviving a crisis program to buy government debt to avoid a Japanese-style deflationary trap shouldn’t be seen as a shift in central bank policy.




WSJ.com: Real Time Economics

For AvalonBay, Long Island Filled With Risk, Reward

July 29th, 2010

The region near New York City is one of the nation’s toughest markets to development properties. AvalonBay is undeterred.
WSJ.com: Commercial Real Estate

Secondary Sources: Science Jobs, China Housing, Money and Inflation

July 29th, 2010

A roundup of economic news from around the Web.




WSJ.com: Real Time Economics