Home Sales Dropping

2011 New Home Sales Could Be Worst in 50 Years

New home sales fell for the third straight month in July, another sign that the housing industry remains weak and is hurting the economy. If the current pace continues, analysts predict 2011 will be the worst year for new-home sales in at least half a century. read more

Restaurant Revival

Revival Hits a Restaurant

The Holy Spirit is on the move in the small town of Brooksville, Fla., observers say. With the local economy in shambles, even the ever-popular Starbucks restaurant closed its doors. Yet the Rising Sun Café, owned by John and Lisa Callea, continues to buck the trend. read more

The Shack, William P. Young

'The Shack' Lawsuit Dismissed

Author William P. Young’s contract dispute regarding his runaway best-seller, The Shack, has been settled out of court. Read about the details of the lawsuit and how it was dropped. read more

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Christian Retailing ReBoot Event Set for California

Consumers annually buy about $4.63 billion in Christian products. Christian retail sales account for more than 52 percent of these sales. That means Christian stores sell more Christian products than all the general market stores, discounters, warehouse clubs, and direct sales, according to the CBA. read more

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Retailers, Suppliers Back Christian Retailing Pledges

Retailers and suppliers have welcomed a Christian Retailing initiative to promote support for and unity in the industry.

They have signed rallying point pledges committing to the ministry of Christian bookselling and helping to ensure that it continues. read more

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Dave Ramsey Responds to Dow Jones Dips

The Dow Jones Industrial average declined 519 points, or 4.6 percent, on Wednesday. The dip marks the third time in the last five trading days that the Dow has lost more than 500 points. But now is no time to panic. So says Dave Ramsey, a nationally syndicated radio show host discussing personal finance topics. Ramsey has launched what he calls “The Great Recovery,” a grassroots movement spread by people who are tired of looking to Washington for answers. read more

Wall_Street

Charismatic Leaders Speak Out on U.S. Debt Woes

The Dow Jones Industrial Average on Monday saw its worst day since Dec. 2008, with the day's final numbers dropping 600 points.

As the U.S. national debt continues its climb past $14.5 trillion, Charismatic and evangelical Christian leaders are responding from various perspectives. read more

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US Stocks Rise After Frightening Plunge

U.S. stocks swung upward in early trading Tuesday after their worst drop since 2008.

Despite the Dow's 193-point rise, economists are still concerned the world may soon fall into a recession.

Earlier Tuesday, Asian markets plummeted a second time after briefly stabilizing. read more

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