PODCAST: Teachers' strike ends, housing market looks hopeful

Wednesday, September 19, 2012 - 09:32 Tom Pennington/Getty Images for TMS Housing starts were up 2.3 percent last month. The U.S. housing market: blooming... if not booming. U.S. existing home sales in August hit the highest level in more than two years -- up almost 8 percent. And home-builders started 750,000 houses last month (that's the seasonally adjusted number).  It's up 2.3 percent from the month before and up almost 30 percent from a year ago. American Airlines is warning about 11,000 workers of possible job losses as a result of restructuring after the company filed for bankruptcy. Meanwhile, the Wall Street Journal this morning took a look at American's flight performance for the first few days this week, and it's bad: a third to half of their flights are arriving late. This week, American is also phasing in new work rules its pilots don't like much but the pilots' union denies its members are engaging in a work slow-down. It's back-to-school today in Chicago. In the next couple ...

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