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Obama moves to help homeowners 
US housing agency to sue banks US house prices rose for a third month on the bounce in July, however, consumer confidence dropped unexpectedly in September as the job market is the worst in 26 years. Reports suggest its too early to talk about economic recovery, following the worst recession in years. It looks to be a tight year end as consumers remain apprehensive about personal finances.
More about: Housing market, USACopyright © 2012 euronews
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latest economy news
EU-Argentina trade friction increases- Eurozone citizens back common currency
- Athens stock market plunges
- Euro tumbles on German weakness
- UK economy in worse state than feared
- Foreign investors shun Italy and Spain
- IMF tells Britain ‘must try harder’
- Eurozone is biggest threat to growth: OECD
- UK inflation eases
- Troika checks Portugal’s progress
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