News
CNN Money | Home prices post strongest gains in 7 years
U.S. home prices posted their strongest gains since 2006, as the housing recovery continued to gain steam.
Market Watch | Fannie, Freddie climb 25% to continue surge
The over-the-counter common shares of mortgage giants Fannie Mae and Freddie Mac each leapt over 25% on Monday, extending the 40%-plus gains seen Friday.
WSJ | States Raise College Budgets After Years of Deep Cuts
After cutting spending on public colleges and universities during the economic crisis, many state governments have begun to boost higher-education budgets once again.
Econ Comments & Analysis
Bloomberg | Europe’s Banks Turn to U.S. Subprime for Salvation
The U.S. mortgage bonds that were exported around the globe and triggered the worst financial crisis since the Great Depression are now helping Europe’s banks and governments repair balance sheets after jumping in value.
WSJ | Regulator for the World
Imagine if a Bush Administration official had insisted that U.S. law must reign supreme in every country where a U.S. bank does business. That's essentially the position of Chairman Gary Gensler of the Commodity Futures Trading Commission (CFTC). And despite a world-wide backlash, the U.S. press corps is giving him an ovation.
Blogs
Library of Economics | Are Rising Graduation Rates Good News? Two Theories, Four Answers
The nation's high school graduation rate has risen -- to 78 percent in 2010, the Education Department says in its most recent estimate. That's obviously still not where it should be, but it's the highest figure since 1974.
Calculated Risk | Dallas and Richmond Fed: Regional Manufacturing Activity mixed in May
Manufacturing activity in the central Atlantic region contracted at a less pronounced rate in May after pulling back in April, according to the Richmond Fed’s latest survey. ...
