Neither higher gas prices nor rising interest rates could put a damper on U.S. auto sales during the first half of the year. Sales rose 1.8 percent during the first half of the year, while June sales were up about ...
Read More »Average US 30-year mortgage rates fall to 4.52 percent
Long-term U.S. mortgage rates fell this week, offering a slight degree of relief to would-be homebuyers. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages dropped to 4.52 percent from 4.55 percent a week ago. ...
Read More »Want to start an Amazon delivery business? What to know
Amazon wants you to deliver its packages for them. The online retailer launched a new program last week that helps people in the United States start their own businesses delivering Amazon packages. The move gives Amazon another way to ship ...
Read More »Faster delivery of nearly everything is the next big thing
As shoppers increasingly demand that everything from hot meals and groceries to dresses, bedding and electronics be dropped off at their doorsteps, retailers are betting big on delivery services that will get them there faster. In the latest development, Amazon, ...
Read More »Republicans propose using sales-tax money for new tax cuts
A U.S. Supreme Court ruling making it easier to collect online sales taxes could yield billions of dollars for state and local governments — if they decide to keep it. Rather than spend the windfall on schools, prisons or other ...
Read More »Dude, Dell is going public again
Dell is going public again after a five-year sojourn as a privately held company. In the $21.7 billion agreement announced Monday, the PC and data storage company is offering to exchange tracking stock for a new class of common shares, ...
Read More »US factories register faster-than-expected growth in June
American factories expanded at an unexpectedly fast pace in June, another sign of strength for U.S. industry, however, manufacturing will have to contend in coming months with uncertainty about trade and a strengthening dollar. The Institute for Supply Management, a ...
Read More »Economic growth slows in Midwest states as trade fears mount
Business remains strong in nine Midwest and Plains states, however, a new monthly survey suggests growth is slowing as concerns about trade and tariffs increase. The region’s overall economic index decreased to 61.8 in June from May’s 67.3, although any ...
Read More »US construction spending rose 0.4 percent in May
Spending on U.S. construction projects edged up 0.4 percent in May, while April’s figure was revised down significantly — signs that new building is still uneven despite a growing economy. The uptick in May brought total construction spending to a ...
Read More »Online sellers consider how to comply with sales-tax ruling
While a Supreme Court ruling on sales taxes will create more obligations and expenses for many small online retailers, owners are already thinking about how they’ll comply. The decision allows states to require out-of-state businesses to collect sales tax from ...
Read More »Where pot is now legal, no-longer-criminals seek forgiveness
Despite its name, hippie reputation and liberal spirit, Vermont hasn’t always been kind to pot smokers. Now, as the state moves to legalize weed beyond medical use, those punished in the past for marijuana misdemeanors are seeking forgiveness. Effective July ...
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