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U.S. Homebuilder Confidence Climbs to Six-Year High

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  • Description

    FBN's Lori Rothman breaks down late-morning market news.

  • Duration 0:55
  • Date

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One nice night.

Fox Business great confidence among US homebuilders surged to a sixteen year high this month the national association I notice sentiment index increased.

The level -- fourteen from 37 in August coming up -- all week talking I can tell the American Enterprise Institute about the data should be since pleading.

One Federal Reserve member meantime defending the central bank's latest round of quantitative easing is saying this was the time to act speaking -- business of Michigan this morning.

The president of the Chicago fed Charles Evans says another round of asset purchases was needed given the problems facing the economy and the potential dangers flying ahead.

Alpha Natural Resources says it is cutting 12100 jobs company wide coal producer says -- also slashed production.

-- sixteen million tonnes in closing my Virginia West Virginia and Pennsylvania.

And that is the latest from the Fox Business Network -- used the power to prosper.

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