Fast-growing tech sector is fueling a U.S. housing boom

Construction cranes dot much of downtown Nashville these days as the Tennessee capital remains in the grip of a sustained building boom. More than 8,900 apartments are under construction in the...

DATE: Feb. 24, 2017 | CATEGORY: Business

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New home sales rise in sign of housing market health

WASHINGTON – Americans bought more new homes in January after a steep fall-off the previous month, a sign the housing market is healthy despite higher mortgage rates. New home sales rose 3.7...

DATE: Feb. 24, 2017 | CATEGORY: Business

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J.C. Penney to close more stores

J.C. Penney on Friday said it plans to close between 130 and 140 stores in the next several months, a move that makes it the latest retail stalwart to pull back from the mall amid the rise of...

DATE: Feb. 24, 2017 | CATEGORY: Business

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Landlords are taking over the U.S. housing market

As rising home prices slow new home construction and demographic shifts push homeownership rates to 50-year lows, the U.S. is increasingly a country of renters and landlords. Last year, 37 percent...

DATE: Feb. 23, 2017 | CATEGORY: Business

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Claims for U.S. jobless benefits tick up

The number of Americans filing for unemployment benefits increased last week, while staying within a range that shows subdued firings. Jobless claims rose by 6,000 to 244,000 in the week ended Feb....

DATE: Feb. 23, 2017 | CATEGORY: Business

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Study: Technology trouble dents car and truck reliability

DETROIT – Technology glitches including Bluetooth phone pairing and misunderstood voice commands put a dent in car and truck reliability scores in a major survey of automobile owners. Lexus and...

DATE: Feb. 22, 2017 | CATEGORY: Business

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Existing home sales pick up speed in U.S.

WASHINGTON – Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. Home sales rose 3.3 percent in January from December to a seasonally...

DATE: Feb. 22, 2017 | CATEGORY: Business

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Cake shop opens inside Fifth Street Eatery

Decadent cupcakes are now tempting those planning to indulge in Fifth Street Eatery’s Southern dishes. After closing for three days at the end of January, the restaurant has reopened with fresh...

DATE: Feb. 22, 2017 | CATEGORY: Business

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Tunisian student interning at LPEA

Rihab Ammar, a Fort Lewis College exchange student from Tunisia, has joined La Plata Electric Association as an intern as she completes her degree in engineering. Ammar was chosen for a full...

DATE: Feb. 21, 2017 | CATEGORY: Business

Unitarian Church to host presentation on retirement March 1

There will be a presentation on retirement from 6:30 to 8 p.m. Wednesday, March 1 at the Unitarian Universalist Church, 419 San Juan Drive. Participants will learn about personal attitudes,...

DATE: Feb. 21, 2017 | CATEGORY: Business

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Employee returns to Russel Planning and Engineering

Darren Stewart has returned to Russell Planning and Engineering after four years of consulting engineering in the Denver/Boulder area. Stewart has served as the project manager for numerous...

DATE: Feb. 21, 2017 | CATEGORY: Business

Southwest Land Services announces outreach program

Southwest Land Services Inc. is offering an outreach program for seniors and owners of large acreage parcels or large agricultural properties related to estate planning and land-use issues,...

DATE: Feb. 21, 2017 | CATEGORY: Business