Surprise drop in housing data checks market’s rise (AP)
AP - A record low in housing construction has investors doubting the economy again.
AFP - US housing construction starts and permits slumped to fresh lows in April, government data showed Tuesday, but analysts saw a ray of hope in a rebound in the key single-family home sector.
AP - Treasurys finished mixed Tuesday along with stocks after new home construction dropped to the lowest pace on record. More Info…
AP - The state Court of Appeals ruled Tuesday against Wal-Mart Stores Inc. and its efforts to get a $33 million tax refund, upholding a trial judge’s ruling that found a complex corporate structure was used primarily to avoid corporate income taxes. More Info…
