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Fewer signed contracts to buy US homes in December (access required)

WASHINGTON  — Fewer Americans signed contracts to buy previously occupied homes in December, suggesting a slowdown in real estate. Pending home sales fell to the lowest point since October 2011. The National Association of Realtors said its seasonally adjusted pending home sales index dropped 8.7 ...

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Fed to reduce pace of bond buying by another $10B (access required)

WASHINGTON  — The Federal Reserve is pushing ahead with a plan to shrink its bond-buying program because of a strengthening U.S. economy. It’s doing so even though the prospect of reduced Fed stimulus and higher U.S. interest rates has rattled ...

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Lagarde warns of risks to global economic recovery (access required)

DAVOS, Switzerland  — The International Monetary Fund’s managing director warned Saturday of the risks posed to global economic recovery from the reduction of the U.S. Federal Reserve’s monetary stimulus and falling prices in the eurozone. Despite growing evidence the global ...

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Health care signups: More older Americans so far (access required)

WASHINGTON — Younger people went for President Barack Obama at election time, but will they buy his health insurance? New government figures show it’s an older, costlier crowd that’s signing up so far for health insurance under Obama’s health care ...

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UPDATED: Yellen faces challenges as Fed trims bond buys (access required)

WASHINGTON — Janet Yellen will take the helm of a Federal Reserve facing a significantly different economic landscape from the one that dominated Ben Bernanke’s tenure as chairman, confronting her with different decisions as well. Bernanke’s eight years leading the ...

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A look at 10 historic sites saved, 10 lost in 2013 (access required)

WASHINGTON  — Chicago’s Wrigley Field, New Orleans’ Saenger Theatre and a historic Los Angeles’ shipbuilding center have joined a list of sites being saved thanks to the efforts of historic preservationists in 2013. The National Trust for Historic Preservation compiled a list of 10 sites saved and 10 sites lost in 2013. ...

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US construction spending up 1 percent in November (access required)

WASHINGTON  — U.S. construction spending rose in November at the strongest pace in more than four years, driven by solid gains in home construction and commercial projects. The Commerce Department said construction spending increased 1 percent in November to a ...

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