Author – The Durango Herald

Why inflation is so high, and when it may ease?

WASHINGTON – At first, it didn’t even register as a threat. Then it seemed like a temporary annoyance. Now, inflation is flashing red for the Federal Reserve’s policymakers – and delivering ...

DATE: Jan 12, 2022 | CATEGORY: Business

Contracts to buy homes hit highest level since April

WASHINGTON – More Americans signed contracts to buy homes last month as warm weather and rising confidence appeared to encourage consumers to look for houses. The National Associa...

DATE: Mar 29, 2017 | CATEGORY: Business

Mass deportations may cripple economy

Trump plans will cause ‘economic shock’

DATE: Mar 1, 2017 | CATEGORY: Nation & World

Consumer prices post biggest rise in nearly four years

WASHINGTON – U.S. consumer prices rose in January at the fastest pace in nearly four years, strengthening the case for the Federal Reserve to raise interest rates this year. The L...

DATE: Feb 15, 2017 | CATEGORY: Business

Existing U.S. home sales reach highest level since February 2007

WASHINGTON – Americans bought homes in November in the fastest pace in nearly a decade. But rising mortgage rates, a deepening shortage of houses and higher prices are likely to weigh on the...

DATE: Dec 21, 2016 | CATEGORY: Business

It’s robots, not Mexico, taking U.S. factory jobs

WASHINGTON – During the election campaign, Donald Trump blamed Mexico and China for stealing millions of jobs from the United States. He might want to bash the robots instead. ...

DATE: Nov 8, 2016 | CATEGORY: Business

U.S. home sales rebounded in September despite tight supply

WASHINGTON – More Americans bought homes in September, many for the first time, despite a persistent shortage of properties for sale. The National Association of Realtors said las...

DATE: Oct 22, 2016 | CATEGORY: Business

Applications for unemployment benefits slip

WASHINGTON – Fewer Americans applied for unemployment benefits last week, another sign the U.S. job market remains healthy despite a downshift in hiring last month. The Labor Depa...

DATE: Sep 8, 2016 | CATEGORY: Nation & World

U.S. home construction posted solid gain in June

WASHINGTON – Construction of new homes posted a solid increase in June, led by a surge of building in the Northeast and the West. The Commerce Department said Tuesday that housing...

DATE: Jul 19, 2016 | CATEGORY: Business

Pending U.S. home sales up

WASHINGTON â€“ Americans signed more contracts to buy homes in April for the third straight month, driving pending home sales to the highest level in more than a decade. The Natio...

DATE: May 28, 2016 | CATEGORY: Business

U.S. consumer sentiment slips in April

WASHINGTON – American consumers were a bit more downbeat in April. The University of Michigan said Friday that its index of consumer sentiment slid to 89 in April from 91 in March...

DATE: Apr 29, 2016 | CATEGORY: Nation & World

U.S. industrial production registers worst month since 2012

WASHINGTON – U.S. industrial output fell for the third straight month in November, another sign that American manufacturers are under stress. American industrial production droppe...

DATE: Dec 16, 2015 | CATEGORY: Nation & World