Caution about a report over job losses kept investors on the sidelines Wednesday, leaving stocks drifting in morning trading.
Home buying could soon beat renting
Falling home prices have sent many would-be buyers to the sidelines. If all goes well, record low interest rates and rising rents may soon prompt some of them to take a second look at buying.
Caution rules the day as stocks tumble
Wall Street stumbled after JP Morgan reported tepid quarterly earnings and on fears of a global slowdown in China. Another lackluster report on the labor market also dragged stocks down.
DealBook: Goldman Sachs Draws Up Deeper Cuts
Goldman Sachs is preparing to significantly expand its cost-cutting initiative, a move that could lead to additional job losses at the bank.
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