Page 2 - Stuart Schweitzer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

may's numbers lower. economists welcomed the numbers, but say there's one thing that will get consumers to spend more-- jobs. >> relying on it which is relying on how much you need to invest, how much they will lead to higher. we thought the economy sold and would be bad for income growth and consumer spending fall back. >> susie: one retailer nailing it-- home depot. the home improvement chain posted better than expected earnings today, underscoring the recent strength we've seen in the housing market. profits rose 12% in the second quarter. it earned more than $1 per share, four ce...

economists welcomed the numbers, but say there's one thing that will get consumers to spend more-- jobs. >> relying on it which is relying on how much you need to invest, how much they will lead to higher. we thought the economy sold and would be bad for income growth and consumer spending fall back. >> susie: one retailer nailing it-- home depot. the home improvement chain posted better than expected earnings today, underscoring the recent strength we've seen in the housing market. profits rose 12% in the second quarter. it earned more than $1 per share, four cents more than analyst...

may's numbers lower. economists welcomed the numbers, but say there's one thing that will get consumers to spend more-- jobs. >> relying on it which is relying on how much you need to invest, how much they will lead to higher. we thought the economy sold and would be bad for income growth and consumer spending fall back. >> susie: one retailer nailing it-- home depot. the home improvement chain posted better than expected earnings today, underscoring the recent strength we've seen in the housing market. profits rose 12% in the second quarter. it earned more than $1 per share, four ce...

it earned more than $1 per share, four cents more than analyst estimates. home depot said today it's more optimistic about the housing recovery, and it's seeing signs of stabilization. that's why it raised its earnings outlookor this year. retailers are now counting on back-to-school spending to keep up the momentum. spending by families with students high school age and younger is expected to grow double digits to over $53 billion. as we continue our look at the back-to-school season, erika miller says what's on your kid's shopping list could determine which retailers get to the top...

with prices there falling 2.1%. prices in all the cities were still down from a year ago, though. suzanne pratt explores what the latest data suggests about housing. >> reporter: this stunning soho penthouse has been on the market for three months. it's priced at an equally stunning $4.75 million. with its wraparound terrace and loft sophistication, listing agent heather mcdonough thinks it will sell. that's because, in new york city right now, supply is tight. >> with not a lot of inventory, it's starting to create a shift in the market from a buyers market to a seller's market. so ...