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New home sales stronger than expected
New home sales stronger than expected
11:58am: June sales down 0.6%, but annual rate comes in well above economists' forecasts.  more
Banks brace for more pain
4:20pm: Most banks did better than expected in the second quarter. But concerns about capital, credit and housing are likely to weigh on the sector for the rest of the year. more
Foreclosure filings up 120%
8:02am: There were 220,000 homes lost to bank repossessions in the second quarter, and the annual forecast for 2008 will have to be revised upward.  more
WaMu: We have $50 billion in liquidity
5:30pm: The troubled savings and loan shoots down rumors of capital problems and says that it has beefed up liquidity by $10 billion in recent weeks. more
Judge halts Bratz copyright trial
5:47pm: The maker of the popular dolls seeks a mistrial in a lawsuit brought by Mattel, after a juror is dismissed over an ethnic slur made during deliberations. more
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