A Northern California judge has upheld a jury’s verdict that found Monsanto’s weed killer caused a groundskeeper’s cancer, although she slashed the amount of money to be paid from $289 million to $78 million. In denying Monsanto’s request for a ...
Read More »Supreme Court: Ross can’t be questioned in census suit
The Supreme Court is siding with the Trump administration to block the questioning of Commerce Secretary Wilbur Ross about his decision to add a citizenship question to the 2020 census. The unsigned order Monday overrides lower federal courts in New ...
Read More »Rising rates, slowing home sales expected to hurt remodelers
General contractors and other small businesses in the home-remodeling industry can expect revenue to slow in 2019, the result of rising mortgage rates and sluggish home sales. That’s the prediction of Harvard University’s Joint Center for Housing Studies, which last ...
Read More »Job growth is found to be no cure for a community’s poverty
A healthy dose of job growth has long been seen as a likely cure for poverty. New research, however, suggests that poor Americans are frequently left behind even when their cities or communities benefit from hiring booms. When such cities ...
Read More »Home sales fell in September to slowest pace in 3 years
U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy. The National Association of Realtors said Friday that sales declined 3.4 percent last month, the biggest ...
Read More »Melinda Gates speaks on smoothing the shift to digital age
Instead of destroying jobs and leaving legions of people without work, the digital revolution can open doors to unseen opportunities and industries, though only if everyone has access to the internet and the ability to use it, Melinda Gates said ...
Read More »Hyperloop study touts I-70 route across Missouri
A new study says the approximately 250-mile trip from Kansas City to St. Louis could be slashed to a half-hour’s time, however, an ultra-high-speed hyperloop system across Missouri wouldn’t come cheap. KMBC-TV reports that Kansas City-based Black and Veatch found ...
Read More »US mortgage rates fall slightly; 30-year at 4.85 percent
Long-term U.S. mortgage rates dipped slightly this week, taking a pause after weeks of steady increases stoked by rising interest rates. Home borrowing rates remain at their highest levels in more than seven years, with the key 30-year rate approaching ...
Read More »Money talks: Campaigns draw millions in ‘outsider’ cash
It’s been eight years since the U.S. Supreme Court declared that political spending is free speech. The decision eased the way for corporations, unions or nonprofits to spend massive amounts to support, or more often, denounce candidates in tight races. ...
Read More »Sears’ bankruptcy will have ripple effect, not all of it bad
Sears’ Chapter 11 bankruptcy filing will have ripple effects on everything from landlords to suppliers to workers. Many vendors, which had already enforced stricter payment terms on Sears, are refusing to ship merchandise to stores. The company will further shrink ...
Read More »Housing starts sank 5.3 percent in September
U.S. home construction fell 5.3 percent in September, a sign that recent hurricanes and rising mortgage rates may be weighing on the market. The Commerce Department said Wednesday that housing starts slipped last month to a seasonally adjusted annual rate ...
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