test13
Loading...

July 29, 2016

WASHINGTON  — The proportion of U.S. households that own homes has matched its lowest level in 51 years — evidence that rising property prices, high rents and stagnant pay have made it hard for many to buy.

Just 62.9 percent of households owned a home in the April-June quarter this…


Pending home sales improve slightly in June

July 28, 2016

WASHINGTON — The number of Americans who signed contracts to buy homes crept up in June, a possible indication that the recent growth in real estate sales is still on track.

The National Association of Realtors said Wednesday that its seasonally adjusted pending home sales index rose 0.2…


Tesla opens Gigafactory to expand battery production, sales

July 27, 2016

SPARKS, Nev. — It’s Tesla Motors’ biggest bet yet: a massive, $5 billion factory in the Nevada desert that could nearly double the world’s production of lithium-ion batteries.

Tesla officially opened its Gigafactory on Tuesday, a little more than two years after construction…


Verizon buys Yahoo for $4.8 billion

July 26, 2016

SAN FRANCISCO — Seeking a wider digital audience, Verizon is buying Yahoo for $4.83 billion in a deal that marks the end of an era for a company that defined much of the early internet but struggled to stay relevant in an online world dominated by Google and Facebook.

It’s the second…