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Home resales fall as shortage worsens

Subscriber onlyWASHINGTON -- Homebuyers faced surging prices and a shrinking number of properties for sale in June -- causing the pace of sales to fall. Continue reading...

Rate rises idled, low inflation Fed focus

Subscriber onlyWASHINGTON -- The Federal Reserve has already achieved one of its two mandates: With the U.S. unemployment rate at 4.4 percent, the Fed has essentially maximized employment. Continue reading...

Brothers quench auto enthusiasts' custom-car thirst

Subscriber onlyPHILADELPHIA -- Forget great attendance and stellar customer service. Those are highly valued at Turn5, but what gets employees prime parking is driving to work in a Jeep Wrangler, a Ford Mustang or a few types of personal trucks. Continue reading...

Facebook adding to N.M. data site

New complex not yet built but expansion is already in plans

Subscriber onlyALBUQUERQUE, N.M. -- Facebook's plans for New Mexico now call for a half-billion-dollar investment and a data center that will span an area equal to 17 football fields. Continue reading...

Fashion, film execs fearing competition from NYC jobs plan

Subscriber onlyMayor Bill de Blasio's election-year pledge to add 100,000 well-paying jobs in the next decade has some New York business owners concerned he will hurt more than help them. Continue reading...

Restructuring rolling along at CSX rail

New chief executive officer says he’s pleased with consolidation efforts so far

Subscriber only CSX's new chief executive is defending the restructuring progress made in the first four months since he was hired to lead a turnaround of the railroad. Continue reading...

Hispanic shopping pullback perceived

Subscriber onlyTarget Corp. Chief Executive Officer Brian Cornell is sounding alarm bells over the state of Hispanic shoppers in the U.S. -- a key growth demographic for many retailers and consumer brands. Continue reading...

Employers grapple with easing out retirement-age workers reluctant to go

Subscriber onlyLife after 65 is starting to look a lot more like life at ... 64. The percentage of Americans working past the traditional retirement age hit new highs in the most recent jobs numbers, according to recent reports, with 19 percent of those 65 and older working at least part time. And it's only expected to increase: The over-65 set is expected to be the fastest-growing demographic in the workplace by 2024, according to the U.S. Bureau of Labor Statistics. Continue reading...

Trump election no boon for LA golf course

Subscriber onlyAt President Donald Trump's golf club in Southern California, there is a driving range on a cliff, with a stunning view of the blue Pacific. There's room for 24 golfers. Continue reading...

Nissan ramps up anti-union push

Workers at 450,000-vehicle Mississippi plant to vote in August

Subscriber onlyCANTON, Miss. -- The United Auto Workers faces a strong anti-union campaign from Nissan Motor Co. as it tries to gain a foothold in the union-averse South by organizing workers at the Japanese automaker's Mississippi plant. Continue reading...

GE's earnings report shows challenges new CEO faces

Subscriber onlyJohn Flannery will not formally assume the job of chief executive of General Electric until August. But he made a cameo appearance in an earnings conference call Friday, and said he was conducting a rigorous review of each of the company's businesses and would present his plans in November. Continue reading...

Road ahead twisty for automakers

Report notes shift to electric, driverless tech, used-car glut

Subscriber onlyA transformation of the automobile industry will generate billions to trillions of dollars for companies and investors. But for traditional automakers, the road ahead will be bumpy, risky and expensive. Continue reading...

Not enough U.S. steel, Trump told

Subscriber onlyDonald Trump's allies in the oil industry are warning the president that his bid to promote U.S. steel-makers could backfire against their efforts to achieve his goal of "American energy dominance." Continue reading...

Military retailer to let in more vets

Anyone honorably discharged can soon use exchange online

Subscriber onlyOFFUTT AIR FORCE BASE, Neb. -- All honorably discharged U.S. military veterans, no matter their branch of service, will be eligible starting later this year to shop tax-free online at the Army & Air Force Exchange Service site with the same discounts they enjoyed on base while in the military. Continue reading...

Sears, Amazon forge deal to sell Kenmore online, tie in Alexa

Subscriber onlyShares of Sears Holdings Corp. rose Thursday after the company announced an agreement to sell its Kenmore appliances on Amazon.com, a reassuring sign for a retailer that's been rattled by e-commerce upheaval. Continue reading...

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