Watch CBS News

Economy

np-0621-schlesinger-640x360.jpg

After a weaker-than-expected report on housing starts and a slump in mortgage activity, investors are awaiting data on new and existing home sales activity as well as prices

After a weaker-than-expected report on housing starts and a slump in mortgage activity, investors are awaiting data on new and existing home sales activity as well as prices. While the housing market has slowed notably in the first half of the year, many economists believe that it should recover from its current soft patch in the second half of the year and beyond. Jill Schlesinger has that story and more in her look at the business week ahead.

np-0607-harmelin-640x360.jpg

Colorado's governor has signed legislation that seeks to form a network of uninsured cooperatives that will give marijuana businesses access to basic financial services

Colorado's governor has signed legislation that seeks to form a network of uninsured cooperatives that will give marijuana businesses access to basic financial services. Because banks don't want to violate federal law, most pot-based businesses are cash-only. Alison Harmelin has that story and more MoneyWatch headlines.

Show More
View CBS News In
CBS News App Open
Chrome Safari Continue