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April 28, 2016

WASHINGTON — The Federal Reserve kept a key interest rate unchanged Wednesday against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate hike may occur.

In a statement after its latest policy meeting, the Fed noted that the United States...


Home prices rise at solid pace, even with flat sales

April 27, 2016

WASHINGTON — U.S. home prices continued their steady upward march in February as buyers competed for a limited number of available properties.

The Standard & Poor’s/Case-Shiller 20-city home price index rose 5.4 percent that month compared with a year earlier, according to...


Stocks slip as energy companies fall with oil prices

April 26, 2016

NEW YORK — U.S. stocks slipped in quiet trading Monday as energy companies dropped with the price of oil. Metals and chemicals companies also fell. Company earnings remain weak, and Xerox and drugmaker Perrigo tumbled after reporting disappointing results and cutting their forecasts for...


New owner takes over Hallmark shop

April 25, 2016

Despite retiring and relinquishing control of Amy’s Hallmark after 24 years of ownership, Amy Winslow is confident she left the longtime Rocky Mount store in good hands.

Rajul Moose, 44, became the new owner of Amy’s Hallmark store in Rocky Mount, Roanoke Rapids and Washington,...