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) — Affordable-housing advocates say New York City is getting the largest multi-family development ever built by a Habitat for Humanity affiliate. Habitat for Humanity New York City and a for-profit developer called the Almat Group have announced ...

Tagged with: Habitat for Humanity

NEW YORK (AP) — Wells Fargo is cutting its aggressive product sales goals for retail bankers, the bank announced Tuesday after state and federal regulators fined it $185 million last week for allegedly opening millions of unauthorized accounts to meet ...

Tagged with: Wells Fargo

WASHINGTON (AP) — The luxury hotel Donald Trump has built in an iconic downtown Washington building is set to open. The Trump International Hotel, Washington, D.C., will begin serving guests Monday. There won’t be any fanfare around the opening, which ...

Tagged with: Donald Trump

LONDON (AP) — Global stock markets tumbled Monday as investors fretted over the possibility of an imminent U.S. interest rate hike and reacted to the weekend health problems of presidential candidate Hillary Clinton. KEEPING SCORE: In Europe, Germany’s DAX was ...

Tagged with: Federal Reserve

CAMDEN, S.C. (AP) — A man has died in a trench collapse in Camden. Camden City Manager Mel Pearson tells local media outlets two men were working on a sewer and water line project in a trench about 7 feet ...

Tagged with: construction South Carolina

WASHINGTON (AP) — Long-term U.S. mortgage rates edged lower this week. As rates remain at historically low levels, homeowners taking advantage to refinance their mortgages have pushed refinancing activity to higher levels. Mortgage giant Freddie Mac says the average for ...

Tagged with: 30-year home mortgage rate

CONWAY, S.C. (AP) — Horry County Council has bulldozed a proposal that would have required dilapidated houses in the county to be removed. The Sun News of Myrtle Beach reports some council members this week objected that requiring the removal ...

Tagged with: Conway

LOS ANGELES (AP) — A new skyscraper in downtown Los Angeles has become the tallest building west of the Mississippi River. Construction workers on Saturday placed a 10-ton spire atop the Wilshire Grand Tower. The spire adds 160 feet to ...

Tagged with: Los Angeles

WASHINGTON (AP) — U.S. employers slowed their hiring in August after two blockbuster months and barely raised their workers’ pay, a pullback that may lead the Federal Reserve to leave interest rates alone until late this year. But several surveys ...

Tagged with: jobs

WASHINGTON (AP) — U.S. construction spending was unchanged in July as weakness in spending on government projects offset gains in home building and the strongest month for non-residential construction on record. Construction spending was flat in July but declines in ...

Tagged with: construction