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Stocks notch modest gains and a 3rd winning week for S&P 500

Wall Street closed out a mostly listless week Friday with a wobbly day of trading that helped nudge the S&P 500 to its third straight weekly gain. The benchmark index edged up 0....

Many Americans moved to less pricey housing markets in 2020

LOS ANGELES (AP) — Many Americans who moved last year relocated to areas where homes were, on average, bigger and less expensive. On average, people who moved to a different city in ...

Another jump in prices tightens the squeeze on US consumers

WASHINGTON (AP) — American consumers absorbed another surge in prices in May — a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008. ...

Stocks move higher, erasing weekly loss for the S&P 500

Stocks moved broadly higher Thursday, bringing the S&P 500 index out of the red for the week. Health care and technology companies were among the biggest gainers. The S&P 50...

Rising commodities costs hit Americans at home and on road

NEW YORK (AP) — Rising prices for a variety of commodities are contributing to a jump in prices at the consumer level, with Americans paying more for meat, gasoline, items they keep in their homes and...

Asian stocks mostly higher on hopes for pandemic recovery

TOKYO (AP) — Asian shares were mostly higher Thursday on cautious optimism that upcoming company earnings reports will reflect a gradual recovery from the damage of the pandemic. Jap...

Eli Broad, billionaire entrepreneur who reshaped LA, dies

LOS ANGELES (AP) — Eli Broad, the billionaire philanthropist, contemporary art collector and entrepreneur who co-founded homebuilding pioneer Kaufman and Broad Inc. and launched financial services gia...

Asian shares slip on pandemic worries despite Wall St rally

TOKYO (AP) — Asian shares were mostly lower Friday amid uncertainty about the prospects for a global economic recovery from the coronavirus pandemic. Japan's benchmark Nikkei 225 di...

Asian shares mostly higher before Fed meeting, Biden speech

TOKYO (AP) — Asian shares were mostly moderately higher in listless trading Wednesday, as investors watched for news out of a Federal Reserve meeting. Japan's Nikkei 225 added 0.2% ...

Legalization bids boost outlook for US cannabis industry

LOS ANGELES (AP) — Uncle Sam gave marijuana lovers more reason to celebrate this week as a bipartisan group of lawmakers in the House of Representatives passed a bill that would make it easier for can...

Shortage cuts into sales of existing US homes in March

Sales of previously occupied U.S. homes fell for the second consecutive month in March because there are so few on the market, and the fierce competition for those that do exist are pushing prices to ...

Coinbase is here: A digital currency exchange goes public

Wall Street will be focused on Coinbase Wednesday with the digital currency exchange becoming a publicly traded company. Coinbase is making its initial public offering of stock with...

Asian shares mostly gain as China exports rise

TOKYO (AP) — Asian shares were mostly higher on Tuesday with hopes growing for a global economic rebound despite surging coronavirus cases in many places. China reported its exports...

Ready to buy a home? The trick is finding or affording one

LOS ANGELES (AP) — Nathan Long and Lili Chin have struck out so far in their four-month search to find an affordable home in the Los Angeles area — a cold streak that threatens to mess up their annive...

Pandemic impact may weigh on commercial real estate recovery

LOS ANGELES (AP) — The distribution of COVID-19 vaccines is fueling optimism that Americans will increasingly return to the ways they used to shop, travel and work before the pandemic. ...