U S new home sales slip amid uneven regional results
The Commerce Department reports September new home sales fell 0.7 percent to a seasonally adjusted annual rate of 701,000, with the Midwest up 6.3 percent while the West, Northeast, and South declined. Median price dropped 7.9 percent to 299,400 dollars from August. The report notes supply and labor constraints cloud housing growth despite lower mortgage rates and unemployment.
MENTIONED IN THIS ARTICLE
Washington
U.S
Midwest
Commerce Department
Holiday tariffs hit fine cheeses and imports
The Trump administration imposed 25 percent tariffs on 7.5 billion dollars of European goods including many cheeses, wine, and olive oil. Bay Area importers fear price hikes ahead of the holidays while retailers warn of higher costs and holding patterns as Parmigiano Reggiano and Manchego face sticker shock.
MENTIONED IN THIS ARTICLE
Trump
Bay Area
Fred Zanotto
Zanotto Market
Zanotto
San Jose
Calif
Airbus
United States
U.S
Boeing
Sara Baer-Sinnott
Old Ways
Europe
Amanda Parker
Tomales Bay Foods
California
LOS Angeles Times
TNS
Moe's Alabama barbecue to open in Durham
Moe's Original BBQ will bring Alabama style barbecued pork to Durham in the former Blu Seafood space near Ninth Street. Co owner Mobley Estes and partner Robert Moos aim for a December opening with a menu featuring pork shoulders smoked 16 hours, Alabama white sauce, ribs, smoked chicken and fried seafood plus a rotating 60 sides.
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Alabama
Mobley Estes
Durham
Carolina
Estes
Moe’s Original Bbq
Blu Seafood
Triangle
North Carolina
Wilmington
Asheville
Charlotte
Moe’s
South
Maine
California
Mexico City
Robert Moos
Oxford
Miss
Ninth Street
Blu
University of Mississippi
Moes
Moos
Tech stocks lead gains as earnings roll in markets rally
Technology shares pushed U.S. stocks higher as earnings beat or exceeded estimates, lifting the S&P 500 above 3,000 while the Dow fell slightly. Microsoft jumped after results, Lam Research boosted chipmakers, Tesla rose on profit, and PayPal Comcast and Xilinx moved on outlooks. The pound fell amid currency moves and Brexit chatter.
MENTIONED IN THIS ARTICLE
U.S
Microsoft Corp
Lam Research Corp
Tesla Inc
3M Co
European Central Bank
Mario Draghi
PayPal Holdings Inc
Comcast Corp
Ford Motor Co
Ebay Inc
Xilinx Inc
Huawei Technologies Co
Chris Gaffney
World Markets
TIAA
John Stoltzfus
Oppenheimer & Co
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American Airlines
Fort Worth
Texas
Doug Parker
American
Parker
American Airlines Group Inc
Comcast
Philadelphia
Sky
Italy
Spain
U.K
Janet Fletcher
Planet Cheese
Fletcher
Pecor RO
Tech
Rita Nazareth
Claire Ballentine and
Vildana Harrie Bloomberg
New York
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