Pending home sales rose more than expected in February, a trade group said, a sign the housing market may be in for a spring rebound.
(Bloomberg) -- Consumer purchases rose less than projected in February, indicating the biggest part of the U.S. economy will find it hard to sustain momentum after the best quarter since 2006.
Mitch Lipka is one of the nation's leading consumer journalists. He writes the consumer column for The Boston Globe, and also contributes to Reuters and CBS News.
Lynn Tilton attends the 12th Annual "Living Legends of Aviation" in Beverly Hills, California, on Jan. 16, 2015. Photographer: Alberto E. Rodriguez/Getty Images.
Former Fed Chairman Ben Bernanke, with his soon-to-be-successor Janet Yellen in 2013. (Alex Wong/Getty Images). Sometimes the leaders of an institution can be undermined by their high-profile predecessors, but when it comes to the Federal Reserve it ...