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June 24, 2016

WASHINGTON  — Americans pulled back from buying new homes in May, reversing strong gains made in April as sales fell sharply in the Northeast and West.

New-home sales declined 6 percent last month to a seasonally adjusted rate of 551,000 from a downwardly revised 586,000 in April, the…


Stocks slip as energy, tech companies struggle

June 23, 2016

NEW YORK — U.S. stocks gave up some early gains to finish lower Wednesday as energy companies sank with the price of oil and weak quarterly reports weighed down technology companies.

After two days of closing higher, stocks rose in the morning but couldn’t hang on to the gains. Energy…


Feds clear small, commercial drones for takeoff

June 22, 2016

WASHINGTON — Routine use of small drones by real estate agents, farmers, filmmakers and countless other commercial operators was cleared for takeoff by the Obama administration Tuesday, after years of struggling to write rules that would both protect public safety and free the benefits of a…


Ten years after housing peaked, U.S. is more of a renter nation

June 21, 2016

MOUNT PLEASANT, S.C. — It’s a troublesome story playing out across America in the 10 years since the housing bubble peaked and then burst in a ruinous crash: As real estate has climbed back, homeowners are thriving while renters are struggling.

For many longtime owners, times are good.…