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Friday, January 29, 2016
The U.S. government wants to make it easier for people to buy and use cable boxes from companies other than their cable provider.
Americans rushed to buy new homes in December at the strongest pace in 10 months, with 2015 marking the strongest year for this segment of the housing market since 2008.
Thursday, January 28, 2016
The Obama administration is loosening the U.S. trade embargo on Cuba with a new round of regulations allowing American companies to sell to Cuba on credit and export a potentially wide range of products to the Cuban government for the first time, officials said Tuesday.
Major League Baseball is debuting a new website and apps -- for ice hockey.
Tuesday, January 26, 2016
Business economists are more pessimistic about their firms' future sales and profits than they were last fall, and more predict slower economic growth, a survey found.
The weekend blizzard along the East Coast could have a relatively small economic impact -- up to US$850 million, experts estimate -- because the storm hit on a weekend and there weren't any major power outages. That meant there was little lost productivity in government and business.
The market for new U.S. homes strengthened for much of 2015, with sales rising 14.5 percent through the first 11 months of the year. Steady job growth and low mortgage rates spurred sales higher. At the same time, rising prices amid a dearth of available resale homes in many markets remain hurdles for many would-be homebuyers.
Insider questions and answers: KB Home CEO Jeffrey Mezger on housing market
Thursday, January 21, 2016
One out of four U.S. companies active in China has moved some operations out of the country or is planning to, as conditions worsen in the world's second-largest economy, an American business group said Wednesday.
A robust U.S. economy and job market, plus low mortgage rates, should help keep the recovery in the new-home market going at a modest pace this year, but a return to pre-housing boom sales and construction levels isn't imminent.
U.S. President Barack Obama will take a victory lap Wednesday in Detroit with a tour of the North American International Auto Show.
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