European
Central Bank President Mario Draghi said Thursday that the central bank plans
to purchase more than $1 trillion in private and government bonds by the fall
of 2016 to help stimulate the euro-zone economy.
Housing
starts jumped 4.4% in December, but sales of previously owned homes failed to
meet analysts’ expectations.
And
leading economic indicators rose 0.5% in December — the 15th gain in
17 months.
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