Walmart’s drone delivery partner, Wing, recently announced it has expanded its drone delivery service, now delivering to customers in seven new cities: Memphis, New Orleans, Philadelphia, Phoenix, San Diego, San Francisco Bay Area and Salt Lake City. The planned expansion …
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According to a new study conducted by the National Association of Home Builders (NAHB), regulations at the federal, state and local levels have added $131,734 to the cost of a new single-family home, 26.4% of the average sales price of …
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Ace Hardware Corporation recently announced changes to the company’s board of directors following its 2026 annual meeting of stockholders. Following the meeting on May 12, Ace Hardware stockholders elected new non-member director Brandi Joplin to her first term on the …
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Mortgage application activity declined in May as higher mortgage rate continued to impact the market, according to the National Association of Home Builders (NAHB). At the same time, adjustable-rate mortgages (ARM) gained traction. The Mortgage Bankers Association’s (MBA) Market Composite …
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The U.S. economy added 172,000 jobs in May, marking the third straight month of job gains despite rising inflation and continued economic uncertainty, according to the U.S. Bureau of Labor Statistics. The unemployment rate in the month remained unchanged at …
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The number of open positions in the construction sector increased in April according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down significantly from three years ago due …
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Builders FirstSource recently announced it has acquired Precision Design and Trim, an installation business in Boise, Idaho. Precision Design and Trim provides high quality finish work for new home construction. “This acquisition expands our installation capabilities and strengthens our presence …
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Decks & Docks Company, a specialty distributor of composite decking, recently announced it has acquired J&W Lumber, an outdoor building materials company based in Southern California. Following the acquisition, J&W owner Clyde Jennings will continue leading the company. “My dad, …
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