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October Home Sales Rise To 10.1 Percent

29 mins ago
Home resales far exceeded expectations last month, surging to the highest level in 2 1/2 years. (File)
Source: WBZ

Home resales far exceeded expectations last month, surging to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit. The National Association of Realtors says sales rose 10.1 percent to a seasonally adjusted annual rate of 6.1 million in October, from a downwardly revised pace of 5.54 million in September.

CBS News has learned that the Consumer Product Safety Commission is about to announce one of the largest crib recalls in United States history, involving cribs with dropdown sides, fearing they may be unsafe, even deadly. (File)
Massive Crib Recall Set, Sources Say
1 hr 10 mins ago
A job seeker looks over the employment bulletin board the New York State Labor Department's Division of Employment Services resource room June 24, 2009, in the Brooklyn borough of New York City.
Survey: Job Losses Will Bottom Out In 2010
1 hr 17 mins ago
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