Today's Flooring News

Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.

Federal Reserve Vows To Continue Policy

Federal Reserve Vows To Continue Policy

Washington, DC, Dec. 15, 2010 -- The Federal Reserve said that even though there are signs of economic improvement, it will continue to pump money into the financial system so long as unemployment remains high.

Triangulo Asks Court To Enforce BR-111 Payment

Triangulo Asks Court To Enforce BR-111 Payment

Miami, FL, Dec. 15, 2010 -- Triangulo has asked the U.S. District Court to enforce an arbitration panel's award ordering BR-111 to pay Triangulo nearly $1.6 million and to stop using the "Triangulo Engineered" trademark.

Manufacturing Improves in New York State

New York, NY, Dec. 15, 2010 -- Manufacturing conditions in New York state improved in December after a rough November, according to the The Empire State manufacturing survey.

Mortgage Applications Down as Rates Rise

Mortgage Applications Down as Rates Rise

Washington, DC, Dec. 15, 2010 -- Mortgage application volume fell 2.3% for the week ending Dec. 10, the third straight week of declines according to the Mortgage Bankers Association.

Fewer Mortgages 'Underwater' at End of Q3

New York, NY, Dec. 14, 2010 -- The total of "underwater" mortgages fell to 10.8 million at the end of September, down from a peak of 11.3 million at the beginning of the year, according to CoreLogic, a real-estate data firm.