Business - Page 270

U..S construction spending up 1% in December led by housing

WASHINGTON — U.S. construction spending rose a moderate 1% in December as the number of new homes offset a sustained weakness in nonresidential construction....

Wall Street's GameStop bug may have mutated; silver surges

NEW YORK — The erratic trading in shares of underdog companies like GameStop that turned markets combustible last week appears to have migrated to...

Spokane County's housing market gained $5 billion in 2020

Strong demand, intense competition for homes, an influx of out-of-area buyers and historically low mortgage interest rates have led to skyrocketing home values in...

Caterpillar 4Q sales slip, but results top Wall Street

Caterpillar’s fourth-quarter sales dropped 15% as an unchecked pandemic continued to sap demand for big machinery, but the damage was not as bad as...

U.S. consumer spending fell 0.2% in December in face of virus

WASHINGTON – U.S. consumers slowed their spending by 0.2% in December, cutting back for a second straight month in a worrisome sign for an...

U.S. contract signings to buy homes hits record for December

SILVER SPRING, Md. – The number of Americans who signed contracts to buy homes declined slightly for the fourth straight month, but it was...

Spokane Valley-based Kaspien hits $1 billion milestone

Kaspien achieved a milestone as the company marked $1 billion in sales this week. The Spokane Valley-based ecommerce growth platform has benefited from a...

Canada's economy showed unexpected strength to end 2020

Canada’s economy showed surprising strength in the final two months of 2020, even amid a new wave of COVID-19 restrictions. Gross domestic product expanded...

UW study finds Amazon promotes vaccine lies, especially to already misinformed users

Findings from University of Washington researchers’ audit of Amazon algorithms point to a dire situation: The tech giant’s search engine promotes misinformation about vaccines....

U.S. employment costs rise modestly in fourth quarter

SILVER SPRING, Md. — Wages and benefits for U.S. workers rose in the last quarter of the year, putting all of 2020 in somewhat...

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