Housing Market Stalls In major markets across the U.S., home sales are deteriorating, inventories of unsold homes are piling up and builders are scaling back construction plans. (WSJ)
Michael Boskin: Obama’s Economic Fish Stories On unemployment, the president claims that the stimulus bill was several times more potent than his chief economic adviser estimates. Such statements hurt his credibility.(WSJ)
BOE Pondered Easing Policy The Bank of England’s Monetary Policy Committee discussed the option of easing policy further to offset a deterioration in the growth outlook. (WSJ)
Senate to Vote on Jobless-Aid Bill The Senate broke a filibuster and ended a stalemate on a bill renewing extended jobless benefits. (WSJ)
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