Housing construction rebounds as rates temper gains
A May rebound in housing starts edged up to a seasonally adjusted annual rate of 1.957 million units, aided by dry spring. Analysts caution that higher mortgage rates will weigh on the market for years even as builder incentives help move unsold inventory. Permits fell 2.1 percent to 1.932 million, signaling slower activity ahead despite the short-term rebound.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
David Wyss
Standard & Poor’s
New York
We Are Jones
Wall Street mixed as rates concerns offset home data
U S stocks ended mixed after an upbeat home building report boosted sentiment yet June outlooks and rate fears kept gains capped. Caterpillar strength and firm oil supported shares while Lego announced 300 U S layoffs and AMD eyed a three point five billion upstate New York plant near Albany or Marcy.
MENTIONED IN THIS ARTICLE
New York Wall Street
Caterpillar Inc
Federal Reserve
Albany
Advanced Micro Devices Inc
New York
Assembly
Sheldon Silver
AMD
Sunnyvale
Calif
Marcy
Jewelers Nervous About Gold Prices Rising High
Denver jeweler John Atencio with 30 years in design explains price spikes force thicker pieces and higher costs. Retailers report designers trimming gold, but Atencio resists changing his style as margins tighten and demand shifts. World Gold Council notes jewelry sales rising despite lower gold value and predicts budget buying by lower income customers.
MENTIONED IN THIS ARTICLE
Denver
John Atencio
Helzberg Diamonds
Atencio
John Cannon
World Gold Council
Uss
The
Gold Council
Southwest tests assigned seating on 200 flights
Southwest Airlines will assign seats on about 200 flights from San Diego for several weeks starting July 10 as it tests the move away from open seating. The airline seeks to see if fixed seating slows unloading and boarding, given typical 25 minute turnarounds.
MENTIONED IN THIS ARTICLE
Dallas Southwest Airlines Co
U.S
San Diego
Southwest
Gary Kelly
Fire in West Odessa home injures two. two cats dead
A Tuesday evening blaze at 2915 Mercury Ave in West Odessa left Kristi and Keith Nichols hospitalized in stable condition. Firefighters from West Odessa and Odessa battled about an hour to douse the flames. The home was deemed unlivable with fire damage extensive inside and spreading to the attic after aerosol paint cans reportedly exploded in the utility room.
MENTIONED IN THIS ARTICLE
West Odessa
Kristi Nichols
Keith Nichols
Medical Center Hospital
James
Odessa
James Nichols
Keith
Mercury Ave
OFC
Stan Tinney
Tinney
Kevin Buehler
Also Mentioned on This Page
Department of Commerce
Business News
Lego
Copenhagen
Denmark
Lego Group
Enfield
Conn
Mexico
ED Adrieski
Associated Press
London
London Bullion Market Association
Telerate
Southwest Airlines
Mike Malone
West Texas
Stival
Semanario
Eve Fores
Waygrick Ce
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!