Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

NEW YORK (AP) — Energy companies and banks are leading an early decline on Wall Street as prices for oil and natural gas take another tumble. Bank stocks are also getting beaten down early Tuesday as investors worry they could ...

Tagged with: stocks

WASHINGTON (AP) — U.S. consumers kept their spending flat in December and instead boosted their savings rate to the highest level in three years. Consumer spending was unchanged in December after rising 0.5 percent in November, the Commerce Department reported ...

Tagged with: consumer spending

WASHINGTON (AP) — U.S. construction spending rebounded slightly in December, helping push total spending for 2015 to the highest level in eight years. Construction spending increased 0.1 percent in December after falling in October and November, the Commerce Department said ...

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WASHINGTON (AP) — The U.S. economy’s growth slowed sharply in the final three months of 2015 to a 0.7 percent annual rate. Consumers reduced spending, businesses cut back on investment and global problems trimmed exports. The slowdown could renew doubts ...

Tagged with: Economy

WASHINGTON (AP) — The number of people signing contracts to purchase homes managed to inch up last month, thanks to unseasonably warm weather in the Northeast. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales ...

Tagged with: home sales

ATLANTA (AP) — PulteGroup Inc. (PHM) on Thursday reported fourth-quarter earnings of $228 million. The Atlanta-based company said it had net income of 64 cents per share. Earnings, adjusted for non-recurring gains, were 57 cents per share. The results surpassed ...

Tagged with: PulteGroup Inc.

WASHINGTON (AP) — The Federal Reserve sounded a note of concern Wednesday about how global pressures could affect a slowing U.S. economy, while keeping a key interest rate unchanged. Six weeks after it raised rates from record lows, the Fed ...

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BOSTON (AP) — Construction workers have started building a new multi-use development on the site of the old Boston Garden. A groundbreaking was held Wednesday for the 1.5-million square foot The Hub on Causeway, next to the TD Garden and ...

Tagged with: construction

WASHINGTON (AP) — 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. The Commerce Department said Wednesday that new-home ...

Tagged with: mortgage

COLUMBUS, Ohio (AP) — Ohio real estate officials have laid out plans aimed at improving the safety of agents in the state, a move that comes more than a year after an Arkansas real estate agent was kidnapped and killed. HER Realtors ...

Tagged with: real estate