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News bites: Housing fixer-upper

By Peter Schroeder - 10/24/11 09:02 AM ET

His jobs plan stalled, President Obama sets his sights on helping ailing homeowners.

But so far, the White House has struggled to boost the long-struggling housing market.

Despite decent profits, companies are still positioning themselves for possible future cuts.

Expect another credit rater to trim the nation's triple-A grade by the end of the year, according to Bank of America Merrill Lynch.

Back by popular demand, the McRib returns to McDonald's.


Source:
http://thehill.com/blogs/on-the-money/1091-housing/189293-news-bites-housing-fixer-upper

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