Business
Billionaire says Wall Street critic would do better if ‘less angry’
Buffett’s tone harsher toward Congresswoman than before
Business
Business
FCC head defends Internet neutrality rules
Tom Wheeler, chairman of the Federal Communications Commission, speaks defends recent telecommunications regulation actions in the United States at the Mobile World Congress Wireless show in Barcelona, Spain, on Tuesday.Manu…
Business
Existing home sales fall
Purchases slowed 4.9 percent to a 4.82 million annualized rate, the least since April, after a 5.07 million pace that was higher than previously estimated, figures from the National Association…
Business
Housing sales remain flat
The Commerce Department said Wednesday that new home sales slipped 0.2 percent last month to a seasonally adjusted annual rate of 481,000. This marks a slight decrease from sales of…
On Real Estate
Buying a home after losing one may be possible
There may be good news for you, if you still desire the advantages of home ownership. Last month, well-known economist Elliot Eisenberg said in a blog: “In 2015 about 500,000…
Business
IRS audits are falling to new lows, chief says
“The math is pretty simple,” Koskinen said in a speech to the New York State Bar Association. “There are fewer audits because we have fewer auditors.” “Audits fell in virtually…
Local News
La Plata County seeking finance committee members
La Plata County is seeking someone with financial expertise to serve on the Long Term Finance Committee.Shaun Stanley/Durango Herald file photo The seven-person board helps advise the La Plata County…
Business
Business Briefs
Bear Smart Durango, a local nonprofit, has received a donation from SME Environmental Inc. as part of the organization’s corporate sponsorship program. Bear Smart is grateful for the $500 Black…
Business
In the field, drones don’t just mean bees
Colorado startup bets farm on agricultural drones
Thoughts Along The Way
Weather alters your day and your economy
Dread that I, like many others in the area, would be spending the next four hours shoveling tons of snow from my driveway, deck and sidewalk – and associated back…
Business
U.S. home sales plunge 4.9 percent in January
A home is up for sale in Charlotte, N.C. The National Association of Realtors reported Monday that existing home sales fell to their slowest pace since April 2014 in January.Chuck…
On Real Estate
What’s the right sales price for your home?
A listing agent will provide a current market analysis to the seller to help determine the initial asking price. The agent will research comparable homes to see how your home…
Business
U.S. rents up in January
A “for rent” sign is posted outside a home in Denver.David Zalubowski/Associated Press Real estate data firm Zillow said Friday that prices increased a seasonally adjusted 3.3 percent in January…
Business
U.S. housing starts fall 2% in February
A worker prepares to put up framing on a house under construction in Coppell, Texas.LM Otero/Associated Press Housing starts declined 2 percent to a 1.07 million annual rate, following the…
Business
U.S. homebuilder confidence slides in February
A flag advertising a newly built home for sale flaps in the breeze in Richmond, Va. The National Association of Home Builders/Wells Fargo fell in February, the association reported Tuesday.Steve…
Business
Incentives boosting home sales
Dwayne Saunders purchased a house in Eastvale, California, in December, paying $450,000 after builder D.R. Horton Inc. cut the price by 4.5 percent, threw in a washer-dryer and covered his…
Business
Homebuilder confidence declines to four-month low
A flag advertises a newly built home for sale in Richmond, Va. The National Association of Home Builders/Wells Fargo report shows that builders’ confidence dropped slightly in February, although most…
Business
American Express loses antitrust case
U.S. District Judge Nicholas Garaufis said in his ruling that American Express’ nondisclosure policies harmed competition and prevented merchants from trying to lower their credit card processing costs. He also…
Business
Beware costly ‘change orders’
Lew Sichelman A change order is exactly what it sounds like: any deviation from the original plan. For example, as a project progresses, you might decide you want the more…
Business
REITs outpace S&P
Among 172 REITs in the Russell 3000 Index with at least five analyst ratings, 76 are trading at prices above average targets, according to data compiled by Bloomberg. At the…