WASHINGTON -- Economic activity was sluggish in most parts of the U.S. and some areas weakened considerably amid a slowdown in manufacturing, continued weakness in real estate and the impact of Hurricane Irene, a Federal Reserve survey showed Wednesday.

Full article: Beige Book Shows Modest Growth, Some Weakness ...

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There's a big gap between the lowest advertised mortgage rates and the average rates borrowers actually get. AnnaMaria Andriotis explains why on Lunch Break.

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WASHINGTON -(Dow Jones)- The Federal Reserve, in its latest beige book report, said Wednesday that the U.S. economy continued to expand between the second half of July and the end of August, but some districts noted mixed or weakening activity.

Full article: Beige Book: District-By-District Summary of Conditions ...

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WASHINGTON -(Dow Jones)- Economic activity was sluggish in most parts of the U.S. and some areas weakened considerably amid a slowdown in manufacturing, continued weakness in real estate and the impact of Hurricane Irene, a Federal Reserve survey showed Wednesday.

Full article: Most Fed Regions Saw Only Modest Growth; Some Weakened – Beige Book ...

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The sluggish economic recovery failed to pick up speed and even softened in some parts of the country, the Fed said.

Full article: Economic Recovery Stalled or Slowed in Many Regions ...

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CHICAGO -- Home Properties Inc. said Wednesday that its assets showed "very minor damage" from Hurricane Irene and "negligible" impact from a Virginia-based earthquake. The apartment real estate investment trust said costs of hurricane clean-up would not have a material financial impact. It estimates hurricane-related expenses of up to $500,000, or about 1 cent per share, which will be largely offset by insurance reimbursement. Minor repairs to fix wall, ceiling and concrete balcony cracks from the earthquake are expected to total less than $25,000. Home Properties shares were up 1.4%.

Full article: Home Properties: Irene Impact Minimal ...

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ZURICH -(Dow Jones)- The Swiss government Wednesday backed the Swiss National Bank, which Tuesday roiled currency markets by setting a cap for the Swiss franc's exchange rate against the euro, and cautioned that low interest rates could fuel a real estate bubble in Switzerland.

Full article: Swiss Government Backs SNB Cap; Cautions On Swiss Housing Bubble ...

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By Michael Dolan

Full article: Analysis: Baby boomer fears cast another pall over markets ...

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Each week, readers vote on their favorite of homes from those featured as the House of the Day. August's winners include a family compound with a saltwater pool off the coast of South Carolina and a contemporary home in the Hollywood Hills of Los Angeles.

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SunAmerica Asset Management Senior V.P. John Massey on the positive signs in the markets and economy.

[0:04:04] ... can see that data comes out monthly the second piece is -- real estate values real estate values is a big is that percentage of their wealth. And so if that's a psychological wealth effect aspect most -- right. ...

Full article: Great Opportunities in Stocks for Long-Term Investors? ...

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