U.S. economy grew at strong clip in 4th quarter - 2007-01-31
The U.S. economy expanded at a stronger clip than expected in the final quarter of 2006 without elevating inflation pressures, government data showed on Wednesday, as healthy consumer spending more than offset the biggest slump in housing in 15 years. That report was followed by Federal Reserve policy-makers' decision later on Wednesday to keep the benchmark overnight federal funds rate the same at 5.25 percent.
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Real Estate Brokers Say High Insurance Costs Stall Coastal Boom - 2007-01-31
Several real estate brokers say the higher cost of insurance is bringing the housing boom along the coast to a slowdown. The brokers spoke to a House subcommittee Tuesday that is studying ways to lower the rates. The brokers declared that higher insurance rates also could lead to higher hotel costs, keeping visitors away.
Read the full story at WCIV