News
US home sales flat in April as lackluster spring homebuying season lurches forward
8+ hour, 2+ min ago (658+ words) Sales of previously occupied U. S. homes were essentially flat in April, another lackluster showingfor the housing market during what's traditionally its busiest time of the year. Existing home sales edged up 0. 2% last month from March to a seasonally adjusted annual rate…...
The Iran war could drive up costs for petroleum-derived products like clothes and crayons
2+ week, 5+ day ago (1046+ words) By ANNE D'INNOCENZIO, AP Retail Writer Like many soft toys, the creatures developed by a manufacturer in Fort Lauderdale, Florida, are made with polyester and acrylic, synthetic fibers derived from petroleum. Three weeks after the war started, suppliers in China…...
US consumer confidence inches up despite soaring gas prices brought on by war in Iran
1+ mon, 1+ week ago (717+ words) By MATT OTT, AP Business Writer The Conference Board said Tuesday that its consumer confidence index rose modestly to 91. 8 in March from 91 in February. The board said that while rising costs due to tariffs and spiking oil prices induced by…...
Europe's top central banker thinks businesses may be quicker to raise prices due to Iran war
1+ mon, 2+ week ago (376+ words) If oil and gas prices continue to rise, "the response of firms and workers may be faster than last time," ECB President Christine Lagarde said Wednesday in the text of a speech at a conference in Frankfurt, Germany. "We have…...
War with Iran delivers another shock to the global economy
2+ mon, 1+ day ago (1102+ words) By PAUL WISEMAN, AP Economics Writer The conflict is driving up energy and fertilizer prices; threatening food shortages in poor countries; destabilizing fragile states such as Pakistan; and complicating options for the inflation fighters at central banks like the Federal…...
California's July 4 cookout costs higher than national average
10+ mon, 1+ week ago (180+ words) Californians celebrating the Fourth of July holiday will continue to find higher prices at the grocery store, according to the 2025 American Farm Bureau Federation annual marketbasket survey. The typical Independence Day cookout for 10 guests in California will cost $90. 06well above the…...
Lack of sales tax funds affects Measure F spending plan
11+ mon, 2+ week ago (80+ words) The numbers are still coming in but it appears declining sales tax dollars will affect how much money is spent in coming years on Woodland parks, roads, public safety, and economic development as part of the Measure F spending plan....