Sales of previously occupied homes jumped unexpectedly in February by the largest amount in nearly six years as first-time buyers took advantage of deep discounts on foreclosures and other distressed properties.
Sudan's president traveled to Eritrea Monday, choosing one of Africa's most politically isolated nations for his first trip abroad since an international court sought his arrest on charges of war crimes in Darfur.
After an unsuccessful first attempt, the Treasury Department is poised to announce Monday details of its plan to help get so-called toxic assets off of the balance sheets of the nation's largest and often most troubled financial institutions.
Wall Street closed out its first two-week gain in almost a year Friday barely. After a mixed start, stocks veered lower in the afternoon as financial stocks fell and investors collected profits from the advance that saw the Dow rise 14 percent over seven trading days.