WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week for the sixth straight week as markets around the globe continued the whipsaw trading that has marked this year so far. Mortgage buyer Freddie Mac says the average rate ...Read More »
SAN FRANCISCO – Sister Mary Benedicte wants to focus on feeding the hungry lined up outside a soup kitchen in a gritty part of San Francisco. But the city’s booming economy means even seedy neighborhoods are demanding higher rents, threatening ...Read More »
GENEVA – The new CEO of Credit Suisse has proposed that its board make a “significant” cut in his bonus after the Swiss bank posted disappointing earnings last week and announced 4,000 job cuts. The bank on Monday confirmed comments ...Read More »
VERNON, Texas (AP) — A billionaire sports mogul has purchased a Texas mega-ranch that has been operated by one family for nearly a century. The heirs of cattle baron W.T. Waggoner said Tuesday that a judge permitted the sale to ...Read More »
NEW YORK – Lumber Liquidators will pay more than $13 million for illegally importing hardwood flooring, after the company pleaded guilty to environmental crimes last year. The Department of Justice said that Lumber Liquidators made hardwood floors in China from ...
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MUSKEGON, Mich. (AP) — Michigan State University researchers will use nearly $250,000 from the U.S. Department of Commerce to examine whether recycling and repurposing building materials is an effective way to deal with blighted areas. Rex LaMore, director of the ...
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NEW YORK (AP) — It may take weeks to determine why a huge construction crane that was being lowered during strong winds came crashing down onto a street, killing a pedestrian and crushing a row of parked cars, city officials ...Read More »