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The Two-Way
10:39 am
Thu December 20, 2012

Sales Of Existing Homes Hit Three-Year High

Credit Justin Sullivan / Getty Images
San Francisco: A "sold" sign in front of a home earlier this year.

Originally published on Thu December 20, 2012 11:04 am

There was a 5.9 percent rise in sales of previously owned homes in November from October, the National Association of Realtors says.

At their 5.04 million annual rate, sales were the highest since November 2009.

"Momentum continues to build," NAR chief economist Lawrence Yun says in the organization's report.

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The Two-Way
9:13 am
Thu December 20, 2012

NYSE Being Bought For $8.2B By Atlanta-based IntercontinentalExchange

Credit Spencer Platt / Getty Images
The floor of the New York Stock Exchange.

Originally published on Thu December 20, 2012 2:34 pm

The New York Stock Exchange will be acquired by IntercontinentalExchange of Atlanta in a deal valued at about $8.2 billion, the two rivals confirmed Thursday morning.

In matching press releases, they say the sale "combines two leading exchange groups to create a premier global exchange operator diversified across markets including agricultural and energy commodities, credit derivatives, equities and equity derivatives, foreign exchange and interest rates."

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The Two-Way
8:51 am
Thu December 20, 2012

Third Quarter Economic Growth Revised Up Again

Originally published on Thu December 20, 2012 8:48 am

The best estimate of how quickly the economy was growing in the third quarter has been revised upward again — a sign that as summer turned into fall things were better than first thought.

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The Two-Way
8:31 am
Thu December 20, 2012

Blizzard Warnings In Upper Midwest; Possible Tornado In Alabama

Originally published on Thu December 20, 2012 12:26 pm

A winter storm that has brought blizzard conditions to parts of the Upper Midwest from Iowa into Minnesota and Wisconsin has authorities urging folks to stay off the roads and airlines warning of flight delays at Chicago's O'Hare and other airports in the region.

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The Two-Way
8:09 am
Thu December 20, 2012

Today's 'Plan B' Vote: Part Of Posturing Or A Push Over The 'Fiscal Cliff?'

Originally published on Thu December 20, 2012 12:45 pm

  • On 'Morning Edition': Mara Liasson and David Greene

With the House set to vote this afternoon on Republicans' "Plan B" for avoiding the so-called fiscal cliff, the questions that have been asked every day for weeks are being asked yet again, with added urgency:

Are we headed over that "cliff" of automatic spending cuts, tax increases and expiring job benefits? Or are President Obama and House Speaker John Boehner, R-Ohio, closer to a deal than they're letting on in public?

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