Homebuyers frustrated with bidding wars are turning to new construction, which now comprises the biggest share of the property market in U.S. history. In the first quarter, homebuilders produced roughly 1 out of every 4 single-family home listings, the biggest …
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The American steelmaker is choosing to pay down debt instead of return money to shareholders and is also scrapping a $1.3 billion plan to revitalize its Mon Valley Works, one of its oldest steel mill operations near Pittsburgh, just as demand for the industrial …
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Wheat hovered near $8 per bushel on the Portland market this week, and experts say they aren’t sure how high prices will go, or for how long. The increase is partly a reaction to higher corn prices and a tighter wheat supply, said Dan Steiner, grain …
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Europe engaged in less aid and spent the first three months of the year caught in the second leg of a so-called double-dip recession, a reality confirmed on Friday by an official estimate showing that the eurozone economy contracted by 0.6 percent.
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The Stratoluanch Roc completed a successful test flight over the Southern California desert on Thursday morning, according to Space. The flight, which lasted over three hours, makes the company’s goal of using the giant plane to air launch hypersonic vehicles …
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