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Fannie mae is simply false. we're seeing big improvements in the housing market now. the commerce department says sales of new homes went up by 6% last month to the highest level in more than two years. the analysts point out this rate is still too low to suggest a healthy economy. and today the federal reserve made it clear the recovery is still in need of a boost. officials there said they would not change their efforts to stimulate the economy by keeping interest rates near zero. the feds cited weak job growth, not to mention the unemployment rate which dipped below 8% last month for the fi...

I'm brian sullivan with your cnbc market wrap. modest losses as the third quarter gdp is revised down and there is a new enhanced lending program in europe. the dow jones industrial average dropped 53 points, s&p off 4 and the nasdaq giving up just 1 point. the commerce department says the economy grew a little slower than we had originally believed in the third quarter. they revised their gdp annualized growth estimate down to 2% from 2.5%. meantime, the imf beefing up its lending with asix-month liquidity line for countries in who's that? in stocks, at&t finished higher after an unsuccessf...

Lot going on this morning. top u.s. officials still debating whether to release pictures of osama bin laden's body. the head of the cia leon panetta says he thinks the pictures will be released soon. the white house, though, will make the final call. george w. bush will not be joining president obama for an observance tomorrow at ground zero. obama extended the invitation but a spokesman for the former president says that he wants to stay out of the public eye, now that he's out of office. markets open in less than two hours. the dow starting the day up a fraction at 12,808. nasdaq down 22...