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Home contracts dip in December

U.S. trend in residential sales likely still up, says economist

Subscriber onlyWASHINGTON -- Fewer Americans signed contracts to buy homes in December, a sign that low mortgage rates have yet to coax more buyers into the market. Continue reading...

Cheaper fuel cuts costs for farmers

But oil drop also hampers market

Subscriber onlyFalling energy prices mean tractors are cheaper to run, water is less expensive to pump and crops are more economical to ship. Continue reading...

Filings by jobless lowest in 15 years

Subscriber onlyWASHINGTON -- The fewest Americans in almost 15 years filed applications for unemployment benefits during a holiday-shortened week that typically makes the data more volatile. Continue reading...

Oil firms lobby to lift export ban

Proponents say profit, international leverage to be had

Subscriber onlyWASHINGTON -- Dropping oil prices aren't slowing a push from U.S. producers to ship their crude oil overseas and change a decades-long ban on exports. Continue reading...

Stocks rally on perky earnings reports

Subscriber onlyAfter a shaky start, U.S. stocks rebounded Thursday, snapping a two-day losing streak. Continue reading...

Earnings report

Subscriber onlyCompanies reporting quarterly earnings Thursday included: Abbott Laboratories, the largest maker of heart stents and adult nutritional beverages, a profit of $905 million, or 59 cents a share, up from $589 million, or 37 cents, a year ago. Continue reading...

Business news in brief

Subscriber onlyMurphy Oil closes Malaysia assets sale Continue reading...

U.S. unemployment benefit applications plunge to 15-year low

WASHINGTON — The number of people seeking unemployment aid plunged last week to the lowest level in almost 15 years, a sign hiring will likely remain healthy. Continue reading...

Inflation still ebbing, Fed leaves rate near zero

Vote’s unanimous after strong dollar, oil slump keep price gains under 2%

Subscriber onlyFederal Reserve policymakers on Wednesday kept their benchmark interest rate near zero and reiterated a plan to be patient about future increases, indicating there won't be one until at least June despite a more upbeat assessment of the U.S. economy. Continue reading...

Boeing profit up 19% in quarter

Dreamliner manufacturer predicts cash flow to rise in 2015

Subscriber onlyBoeing on Wednesday reported a strong end to 2014, forecast better cash flow and said it would deliver more commercial planes in 2015. Continue reading...

China censures Alibaba after U.S. IPO

Subscriber onlyChinese regulators accused e-commerce giant Alibaba of permitting sales of fake goods and hurting consumers in a report that was delayed to avoid disrupting the company's U.S. stock market debut. Continue reading...

For cable giant, big game is sure win

Subscriber onlyFrom grass turf on the field to the video stream inside millions of homes, Comcast Corp. will have a hand in Super Bowl XLIX between the New England Patriots and the Seattle Seahawks. Continue reading...

Fender's move to direct online sales upsets guitar dealers

Subscriber onlyFender's curvy Stratocasters, Telecasters and Jazz Basses have been must-have features on guitar shop walls for decades. Continue reading...

Oil-hit stocks end 2nd day down

Subscriber onlyThe Federal Reserve's latest take on the U.S. economy got investors in a selling mood Wednesday, as stocks fell sharply for the second straight day. Continue reading...

Business news in brief

Subscriber onlyCEO resigning as McDonald's struggles NEW YORK -- McDonald's chief executive Don Thompson is stepping down as the world's biggest hamburger chain fights to hold on to customers and transform its image. Continue reading...

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