National Association Of Home Builders News
Lowe's Like Home Depot, Puts up Big Numbers as Housing Booms
Lowe's profits and sales surge with Americans plowing money into homes or buying new ones
US Builders Increase Home Construction in April
US housing starts rise 6.6 percent in April, with gains in Midwest and South fueling partial rebound from March decline
US Homebuilder Sentiment Holds Steady in May
US homebuilders' confidence holds steady in May for the fourth month in a row
Stocks Struggle to Cross Key Milestone
Morning Business Memo By John Kapetaneas The march to Dow 16,000 ended shy of the mark on Monday, after trading over that level for much of the day. Early trading pushed the DJIA to a record high of 16,028 and the S&P to a high...
More Gas Price Hikes Ahead
Morning Business Memo… More pain at the pump may be ahead for motorists at the peak of the summer driving season. The US Energy Department says average prices for regular unleaded jumped 15 cents a gallon in the past week. That’s 21 cents more than...
New Home Sales Rise, Jobless Claims Drop
Sales of new homes rose in April rose nearly 30 percent compared with a year ago, according a to a report by the Commerce Department. This is the latest evidence of a recovering housing market, six years after the housing bubble burst leading to a...
Gun Industry Shares Plunge After Shootings
Morning Business Memo: The gun industry is under growing pressure to respond to the Newtown, Conn., school massacre. Despite soaring sales, shares of gun makers have been sinking since last week. Smith & Wesson fell 10 percent yesterday and another big manufacturer, Sturm, Roger &...
More Adults Living With Their Parents
Morning Business Memo: More adults are moving in with their parents. A new survey by PulteGroup, one of America’s biggest builders, says almost one third of homeowners expect their grown kids or parents to live with them. USA Today says the survey shows that the...
Dow Close Highest Since July
U.S. stocks closed at their highest level since last summer, with positive economic and financial news temporarily tempering worries over the festering European debt crisis. The Dow Jones industrial average closed at 12,579, up 0.78 percent, its highest rise since July 25, the Wall Street ...