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JOSH BOAK

U.S. employers add solid 280k jobs; rate inches up to 5.5 percent

WASHINGTON – U.S. employers added a robust 280,000 jobs in May, showing that the economy has regained momentum after starting 2015 in a deep slump. The unemployment rate ticked u...

Homebuyers growing more confident

Pending sales hit 9-year high in U.S. in April

U.S. home sales slide in April amid listing shortage

WASHINGTON – Sales of existing U.S. homes slipped in April due mainly to relatively few listings and rising prices, providing evidence of the housing sector’s uneven recovery. The...

1 in 4 renters using half their pay on housing

WASHINGTON – More than 1 in 4 U.S. renters have to use at least half their family income to pay for housing and utilities. That’s the finding of an analysis of Census data by Ente...

Super-rich set new threshold with $100M homes

WASHINGTON – The poshest of luxury homes are acquiring the cachet of a masterwork by Picasso or Matisse. Rather than settle for garages of antique cars or a museum’s worth of pain...

Higher U.S. gasoline prices sparked modest inflation in March

WASHINGTON – Higher-priced gasoline slightly boosted consumer prices in March, a sign that some of the effects of cheaper oil are fading and that inflation may be edging up to healthier leve...

Economy ain’t cutting it

Why job growth, robots and cheap gas aren’t helping

Rising home prices deter new buyers

WASHINGTON – U.S. home prices rose at a steady pace in January, pushing prices up at a faster pace than wages and putting more homes financially out of reach for would-be buyers. ...

U.S. employers added just 126K jobs in March

WASHINGTON – A weakening U.S. economy spilled into the job market in March as employers added just 126,000 jobs – the fewest since December 2013 – snapping a 12-month streak of gains above 2...

U.S. home sales rebound slightly in February

WASHINGTON – Slightly more Americans bought homes in February, but tight inventories, affordability problems and nasty winter weather point to sluggish sales in the coming few months. ...

Winter weather freezes home starts

WASHINGTON – Construction of new homes plummeted in February, as fierce winter weather froze housing starts in the Northeast and Midwest. The Commerce Department said Tuesday tha...

Housing sales remain flat

WASHINGTON – Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market. The ...