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Housing Activity in Some Areas Getting Back to Normal

Nationwide, 56 of 350 metro markets returned to or exceeded their last normal levels of economic and housing activity in June, according to the National Association of Home Builders’ First American Leading Markets Index. Year over year, this represents a …

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Wal-Mart and Amazon Continue to Make Changes

To say that Wal-Mart and Amazon have created a one-two power punch that fundamentally has reshaped the retail industry is part understatement and part duh. Wal-Mart has become the dominant bricks-and-mortar player, while Amazon is king online. Each has critics …

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FHA’s New Plan Means More Credit Available to Borrowers

The Federal Housing Agency is taking steps to expand access to mortgage credit for underserved borrowers. Department of Housing and Urban Development Secretary Shaun Donovan told a gathering of the National Association on Realtors May 13 that lending to potential …

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May Job Creation Marks Best 4-month Stretch Since Late 90s

May marks one of the best four-month stretches of job creation since the late 1990s, renewing optimism about the five-year-long recovery. According to the latest report from the Bureau of Labor Statistics, non-farm employment advanced a seasonally adjusted 217,000 in May, …

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Retail Imports Spike as Contract Deadline Approaches

Import volume at major U.S. container ports is expected to increase 7.5 percent in June as retailers bring unusually high quantities of merchandise into the country early to avoid any potential disruptions after the labor contract with West Coast dockworkers …

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The Latest on Debit Card Fees

Merchants aren’t ready to throw in the towel quite yet. On Monday, the National Association of Convenience Stores and the National Retail Federation announced that they will petition the Supreme Court to hear their case against the Federal Reserve. To …

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Lowe’s Ad Under Attack for Portrayal of Fathers

A recent T.V. ad for Lowe’s is coming under attack by a special interest group, saying the ad promotes a negative image of fathers. The Lowe’s commercial titled, “Valspar Reserve: Video Call” has come under fire by a Canadian group called …

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