Nightly Business Report for tuesday, july 30th. Good evening everyone and welcome. Im Tyler Mathisen alongside sue herrera. Susie gharib has the night off. We begin with more good news about housing, specifically rising home values. The s p home price index for may showed home prices in the nations 20 largest cities rose 2. 4 from april. Thats the largest year over year increase in prices since 2006 before the start of the housing crisis. Home prices in denver and dallas are now at their highest levels since the year 200. Survey director robert shiller, an economics professor expects the home prices to keep on hitting higher. For a shortterm investor there is a more sure thing in the real estate market. I think when its up 12 in a year and its uniform well, somewhat uniform across so many different cities, its probably going to go for another year. Well, those rising prices are likely on the mind of Federal Reserve chairman ben bernanke as he arrived at the central bank. The fed is exp
Nightly Business Report for tuesday, july 30th. Good evening everyone and welcome. Im Tyler Mathisen alongside sue herrera. Susie gharib has the night off. We begin with more good news about housing, specifically rising home values. The s p home price index for may showed home prices in the nations 20 largest cities rose 2. 4 from april. Thats the largest year over year increase in prices since 2006 before the start of the housing crisis. Home prices in denver and dallas are now at their highest levels since the year 200. Survey director robert shiller, an economics professor expects the home prices to keep on hitting higher. For a shortterm investor there is a more sure thing in the real estate market. I think when its up 12 in a year and its uniform well, somewhat uniform across so many different cities, its probably going to go for another year. Well, those rising prices are likely on the mind of Federal Reserve chairman ben bernanke as he arrived at the central bank. The fed is exp
About homeownership. And by the way, folks, stop scapegoating the rich. A new study shows that when the rich get richer, so does everybody else in society. The economic pie grows larger and we have an expert who can prove it. President obama offered republicans a new economic grand bargain of sorts today, promised to back Corporate Tax reforms in exchange for new spending on jobs and infrastructure programs. Gop leaders say its a nonstarter. Eam eamon joins us now. Good evening. The president went to chattanooga, tennessee, to tour the facility and lay out his ideas on where the United States economy should go in the coming years, and what he said was proposing a grand bargain here in terms of reforming the tax code and increasing spending on Infrastructure Projects that he thinks will stimulate the economy. Heres the president earlier today. Heres the bottom line. Im willing to work with republicans on reforming our Corporate Tax code, as long as we use the money from transitioning to
College . Not mom and dad. They are paying less these days shifting more of the financial burden onto the student. That and more tonight on nightly Business Report for tuesday, july 30th. Good evening everyone and welcome. Im Tyler Mathisen alongside sue herrera. Susie gharib has the night off. We begin with more good news about housing, specifically rising home values. The s p home price index for may showed home prices in the nations 20 largest cities rose 2. 4 from april. Thats the largest year over year increase in prices since 2006 before the start of the housing crisis. Home prices in denver and dallas are now at their highest levels since the year 200. Survey director robert shiller, an economics professor expects the home prices to keep on hitting higher. For a shortterm investor there is a more sure thing in the real estate market. I think when its up 12 in a year and its uniform well, somewhat uniform across so many different cities, its probably going to go for another year.
Fast, or is there more money to be made . Dollars and cents, who pays for college . Not mom and dad. They are paying less these days shifting more of the financial burden onto the student. That and more tonight on nightly Business Report for tuesday, july 30th. Good evening everyone and welcome. Im Tyler Mathisen alongside sue herrera. Susie gharib has the night off. We begin with more good news about housing, specifically rising home values. The s p home price index for may showed home prices in the nations 20 largest cities rose 2. 4 from april. Thats the largest year over year increase in prices since 2006 before the start of the housing crisis. Home prices in denver and dallas are now at their highest levels since the year 200. Survey director robert shiller, an economics professor expects the home prices to keep on hitting higher. For a shortterm investor there is a more sure thing in the real estate market. I think when its up 12 in a year and its uniform well, somewhat uniform a