New Home Construction Reaches 17-Year High in January
January housing starts reached 1.85 million at a seasonally adjusted annual rate, the highest since May 1986, powered by low mortgage rates. Single family home activity rose 2.1 percent to 1.51 million, while apartment starts fell 8.7 percent to 303000.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Iraq
Seiders
Ing
Dle East
A.C. Moore
Dunvegan Associates
Wachovia
Ford settles with EPA over paint system monitoring and waste rules
Ford Motor Co agreed to pay a 244000 fine to settle EPA findings that 14 plants including Ohio Assembly Plant did not monitor leaks or keep records for paint waste. Ford plans to monitor paint waste and install secondary containment around pipes to prevent emissions.
MENTIONED IN THIS ARTICLE
Brad Dicken
Chronicle-Telegram
Avon Lake
Ford Motor Co
U.S. Environmental Protection Agency
Ohio Assembly
Ford
Carolyn Brown
EPA
Brown
Phillipa Cannon
Andy Hobbs
Toyota
Daimler-Chrysler
Hobbs
General Motors
Cannon
Stocks Fall On Iraq War Uncertainty
New York stocks retreated as investors waited on Iraq war developments and spending threats to the economic recovery. The Dow dropped 40.55 to 8000.60 while the Nasdaq fell 12.22 to 1434.32 and the S&P 500 slid 6.04 to 845.13 amid mixed earnings and policy concerns.
MENTIONED IN THIS ARTICLE
Iraq
New York
Wall Street
Mike Kayes
Eastover Capital
Charlotte
N.C
Standard & Poor
Dollar Falls to Three-Week Low Amid Iraq War Uncertainty
The dollar slid across the board to a three week low versus the yen as Iraq war concerns resurfaced. Traders cited hawkish U.S. signals and unclear timing for military action, with the euro at 1.0762 and the pound firm near 1.5975.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/AP
Iraq
Bush
United States
Troy
Also Mentioned on This Page
Joel Naroff
Naroff Economic Advisors
David Seiders
National Association of Home Builders
Chuck Hume
L? Chronicle
Brandon Polenz
North Royalton
Ron Mohasek
New London
Grafton
Bdicken
Chronicletelegram.com
U.N
Britain
U.N. Security Council
Prudential Financial
Prudential
Qwest
InVision Technologies
G. Cowen
Intel
Texas
Japan
Europe
France
Germany
4LNB
Met. Sints
Cuyatioga County
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