The Journal Gazette, 600 W. Main St., Fort Wayne IN

The nation’s foreclosure filings fell to a five-year low last month as lenders sought to avoid seizing property and a housing recovery showed signs of taking hold.
Maybe the U.S. economy’s strength this winter wasn’t just weather-related after all. Home construction is near a three-year high. And factory output has risen in three of the year’s first four months.
NEW YORK — The CEO of JPMorgan Chase, which disclosed a $2 billion loss last week, said he was "dead wrong" when he dismissed concerns about the bank's trading last month.

News now

  • Auto sales revive railroad companies
    Union Pacific Corp. and Norfolk Southern Corp. are piggybacking off a resurgence in U.S. auto sales that’s generating the most business for railroads in four years.
  • Canadian banks among strongest
    Banks including Citigroup in the United States and BNP Paribas France are racing to shed assets and raise money ahead of new global capital rules that start taking effect in 2015.
  • CEOs growing more bullish
    Confidence among U.S. chief executive officers in the first quarter climbed to the highest level in almost three years, a private survey shows.

Road to recovery

Road to recovery