National Association

WASHINGTON | US retail sales rise at a healthy 0.5 percent pace in June

WASHINGTON — U.S. retail sales rose at a solid pace last month despite higher prices and modest wage gains, a sign of underlying consumer optimism. The Commerce Department said Monday that sales at retailers and restaurants increased 0.5 percent in June, following a big 1.3 percent gain the previous month. May’s figure was revised sharply … Continue reading WASHINGTON | US retail sales rise at a healthy 0.5 percent pace in June

NEW YORK | Builder optimism fades in June

NEW YORK (AP) — U.S. homebuilders lowered their confidence for sales prospects as lumber prices rise amid the threat of potentially costly tariffs. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday fell two points to 68 in June. That’s down from a reading of 70 in May that snapped a four-month … Continue reading NEW YORK | Builder optimism fades in June

WASHINGTON | US pending home sales tick up in March for 2nd straight gain

WASHINGTON (AP) — Slightly more Americans signed contracts to buy homes in March, yet higher mortgage rates and a shortage of available houses are weighing on sales. The National Association of Realtors said Monday that its pending home sales index ticked up 0.4 percent last month to 107.6. It was the second straight increase, but … Continue reading WASHINGTON | US pending home sales tick up in March for 2nd straight gain

NEW YORK | Optimism among builders slides for fourth consecutive month

NEW YORK  | April 16, 2018 (AP)(STL.News)   Homebuilder confidence slid for the fourth consecutive month with steadily rising mortgage rates and sky-high home prices putting ownership out of reach for more and more Americans. The National Association of Home Builders/Wells Fargo builder sentiment index for April, released Monday, fell one point to 69. Any reading … Continue reading NEW YORK | Optimism among builders slides for fourth consecutive month

Facebook to verify ads with postcards after Russian meddling

MENLO PARK, Calif./February 19, 2018 (AP)(STL.News) —Facebook will soon rely on centuries-old technology to try to prevent foreign meddling in U.S. elections: the post office. Baffled in 2016 by Russian agents who bought ads to sway the U.S. presidential campaign, Facebook’s global politics and government outreach director, Katie Harbath, told the National Association of Secretaries … Continue reading Facebook to verify ads with postcards after Russian meddling