More people signed contracts in October to buy homes, ending three straight months of declines. The National Association of Realtors said Wednesday that its index of pending home sales jumped 3.5 percent to 109.3 in October. Despite the increase, the ...
Read More »Should you add a loan to your shopping cart?
“Will that be cash, credit card or personal loan?” The next time you shop online, you may be offered a new way to pay — a personal loan with fixed monthly payments. Instead of using cash or plastic at checkout, ...
Read More »US home sales ticked up in September as Houston recovers
U.S. home sales rose slightly last month as the Houston housing market quickly recovered from Hurricane Harvey. Still, a shortage of available homes is thwarting many would-be buyers and limiting sales. The National Association of Realtors said Friday existing home ...
Read More »Storms surge and US retail sales surge; most in 2 ½ years
Americans increased their spending at retailers last month by the most in two and a half years, driven by strong auto sales as residents of hurricane-ravaged areas replaced destroyed cars. Retail sales rose 1.6 percent in September, after slipping 0.1 ...
Read More »An odd trend in wheat country: not much wheat
An odd thing has happened in wheat country — a lot of farmers aren’t planting wheat. Thanks to a global grain glut that has caused prices and profits to plunge, this year farmers planted the fewest acres of wheat since ...
Read More »Focus for independent retailers: make shopping easy and fun
When sporting goods retailer evo ships ski boots ahead of the winter season, some will be delivered to the company’s competitors — who will then help evo customers be sure the boots are a good fit. “We’ve reached out to ...
Read More »Delivery without drivers: Domino’s, Ford team up for test
No ring of the doorbell, just a text. No tip for the driver? No problem in this test, where Domino’s and Ford are teaming up to see if customers will warm to the idea of pizza delivered by driverless cars. ...
Read More »VW plots return to relevance in US following diesel scandal
Volkswagen is rolling out its plan for re-selling most of the cars involved in the German automaker’s diesel emissions cheating scandal. Volkswagen brand head Herbert Diess told reporters after a board meeting at Volkswagen’s lone U.S. plant in Tennessee on ...
Read More »Yellen defends bank regulations passed after 2008 crisis
Federal Reserve Chair Janet Yellen on Friday defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system’s health and disputing criticism that the rules have hurt lending. Yellen said ...
Read More »US durable goods orders post biggest drop since August 2014
Orders for long-lasting manufactured goods sank 6.8 percent in July, the biggest fall in nearly three years, led by a drop in the volatile category of civilian aircraft. But a gauge of business investment rose last month. The Commerce Department ...
Read More »Amazon to cut prices on Whole Foods staples like eggs, beef
Amazon plans to use its deep pockets to make big changes at Whole Foods, saying it will cut prices on bananas, eggs, salmon, beef and more when it completes its $13.7 billion takeover next week. Helping Whole Foods win back ...
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