Trader Joe's Trader Joe's Latest from The Business Journals Follow this company may have just announced that it is building a new store in Winston-Salem on Friday, but construction is already underway. Magnolia Construction has...

Coming under great pressure from the right and left, President Obama this week held a Joint Session of Congress to unveil his plan to get America back to work and the economy growing – The American Jobs Act. The...

Despite another rocky year for the housing market experts say that things may stabilize in 2012, making it a prime time to buy.

Agreements on issues that divided Democrats and Republicans could be even more elusive when Congress returns for an election-year session.

In recent weeks, a broad range of data have beaten analysts’ expectations, but forecasters say the uptick is likely temporary and that growth will slow in the first half of 2012.

Mortgage debt is up. Defaults, which had been on the decline, were also on the rise in November. This latest report comes from Standard & Poor’s/Experian indices. The default rate had dropped to 2.08 percent this October from...

The job market is healthier. Americans are spending lustily on holiday gifts. A long-awaited turnaround for the depressed housing industry may be under way. Gas is cheaper. Factories are busier. Stocks are...

Federal Reserve policymakers said Tuesday that the economy is “expanding moderately” and declined to take any new measures to try to strengthen growth, electing to leave the central bank’s low-interest-rate policies in place....

White House economic adviser Alan Krueger will make the case in a Wednesday speech in North Carolina that Congress is hurting the economy by refusing to extend payroll tax cuts.

IT HAD seemed a simple enough wheeze. Give banks unlimited access to 3-year funding from the European Central Bank and it wouldn’t take much more than a nudge and a wink for them to buy the bonds of Europe’s troubled peripheral...

The number of distressed properties across the nation has resulted in a range of effects. Most notably, though, has been the effect on non-distressed homes in neighboring areas and communities. Perhaps no one has been harder...

The U.S. Congress cleared a $1 trillion spending bill to avert a government shutdown. The Senate voted 67-32 for the spending measure today, a day after the House passed it 296-121. The bill goes to President Barack Obama. A...

As the year winds down, Zillow Real Estate Market Reports releases some optimistic news. While U.S. home values continue to drop, the year-over-year basis represents a 5.1 percent decline, "the rate of monthly depreciation has...

A variety of economic indicators are pointing in a more positive direction after a year of one economic disappointment after another.

Multifamily housing is leading commercial real estate’s recovery with strong rent growth, rising values and high occupancies, which is enticing non-traditional funding sources—especially life insurance companies—to attempt to...

New relief for lenders hoping they won’t have to repurchase mortgages because is at the center of an Obama administration effort to expand a struggling program that seeks to refinance more mortgages to lower interest rates.

A few Fed policymakers argued for additional steps to try to boost growth at their Nov. 1-2 meeting.

The biggest bond dealers in the U.S. say the Federal Reserve is poised to start a new round of stimulus, injecting more money into the economy by purchasing mortgage securities instead of Treasuries.