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Rise in commercial building permits offsets fall in housing sector: StatsCan (CBC Ottawa)
Municipalities issued $6.5 billion worth of building permits in September - an increase of 13.4 per cent over the previous month, Statistics Canada said Thursday.
U.S. Stocks Rise as Borrowing Costs Retreat; AT&T, Verizon Gain (Bloomberg)
Nov. 3 (Bloomberg) -- U.S. stocks rose for a third day, the longest winning streak in almost two months, after borrowing costs decreased and analysts said telephone companies will weather the economic slowdown.
Car Loan Defaults Could Reach Record Numbers (CBS4 Miami)
Home foreclosures are hitting high numbers, but there are also a large number of car loans being defaulted on in these tough times. The vehicle auction company ADESA predicts there will be around 1.9 million repossessed vehicles this year, a new record. Nonetheless, there's good news for people searching for credit.
Bonds weigh bailout and recession (CNN Money)
U.S. Treasury prices rose Wednesday as investors weighed the rising cost of the financial bailout with what appears to be a deep and prolonged economic recession.
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