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U.S. new-home sales climbed in June to more than 8-year high

WASHINGTON – Americans bought new homes in June at the fastest pace in more than eight years, a sign that a solid job market and low mortgage rates are bolstering the broader U.S. economy. ...

Has the housing market rebounded?

Data shows demand high, but renters paying more

Twin Buttes property sales begin Aug. 1

Development idled for years

U.S. homes sales improved in June, best pace since early 2007

WASHINGTON – Americans bought more homes in June, the fourth straight monthly gain as the sales rate reached its highest level in more than nine years. The National Association of...

Business Briefs

First National Bank announces new hires First National Bank of Durango would like to welcome two new employees. Kathrine McClenny joins the business banking department as vice pre...

Saving enough money to live until you’re 100 doesn’t add up

First, you were supposed to die at 85. Then 90. Now 95 and even 100 are common defaults when financial planners tell people how much to save for retirement. Except, that’s nuts. ...

Having stomach troubles? Try swallowing an origami robot

CAMBRIDGE, Mass. – Has your child swallowed a small battery? In the future, a tiny robot made from pig gut could capture it and expel it. Researchers at the Massachusetts Inst...

Recognizing the importance of front-line employees

The difference between a great vacation experience and a disappointing one can often come down to a single person – a front desk agent, a river guide, a store clerk or a waiter. T...

Wine Merchant closing up shop

Owners brought in expertise and variety to town

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...

U.S. homebuilder sentiment slips in July

U.S. homebuilders are feeling slightly less optimistic about their sales prospects this month, though their outlook for the new-home market remains positive overall. The National...

Virtual reality, new tools let you redecorate from the couch

NEW YORK – Stop moving around the new sofa to try to figure out where it fits. Forget about trying to judge a paint color from tiny samples against the wall. New tools like virtual reality m...