WRAPUP 2-Tight supply, higher prices weigh on U.S. home sales
WASHINGTON, March 22 U.S. home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers.
WASHINGTON, March 13 U.S. Senate Majority Leader Harry Reid said on Thursday that negotiators were nearing a bipartisan deal to extend expired long-term jobless benefits for more than 2 million Americans.
Reid said an agreement could be finalized within the next two days, and that he intends to have the Senate take it up when lawmakers return from a week-long recess, set to begin on Friday.
Negotiators "are close to having a bipartisan bill," Reid told reporters.
He did not disclose any details other than it would extend benefits for five months, retroactive to last December when they expired for the long-term unemployed, or those who have been generally out of work for at least six months.
If and when the Democratic-led Senate passes such a measure, it would then go to the Republican-led House of Representatives for final approval.
LAGOS, March 22 Nigeria's central bank sold the dollar at a weaker rate on Wednesday, traders say, in an effort to boost liquidity on the official market and narrow the naira's spread at the black market.