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Existing home sales rose to their highest level in more than three years, while prices increased nationwide, yet another indication of a housing recovery that bodes well for the overall economy. The National Assn. of Realtors said sales of existing...
So you've gotten into this whole craft beer thing and have enjoyed trying the myriad breweries and styles. But when you run out of new beers to buy at your local mega-mart, it's time to seek out a specialty beer retailer. With the rising popularity of...
Tags: Alcoholic Beverages
The staircase is narrow and creaky, with a bookshelf made from a 100-year-old harp case teetering on the precipice of collapse at the top of the landing. Overflowing with open books, pages wildly askew and dangling from uneven shelves, the bookcase...
The number of homes mired in the foreclosure process fell again last month, according to a new report, the 15th consecutive month of year-over-year declines. Irvine-based CoreLogic said Thursday that roughly 1.2 million homes nationwide, or 2.9% of...
Nearly 2 million Americans got out of negative equity positions as home prices rose last quarter, according to new estimates. Negative equity fell to 27.5% of all U.S. homeowners with mortgages in last year's fourth quarter, compared with 31.1% during...
One measure of national home prices rose last month with a vigor not seen since the bubble days as the number of foreclosed homes and other distressed properties on the market shrank. The median sales price for previously owned U.S. homes rose 12.3%...
General Motors Co. profits grew substantially in the fourth quarter, but for all of 2012, the company made less money than it did the year before. GM said its fourth-quarter profit grew 89% to $892 million from the same period a year earlier. For the...
Tags: Auto Trends, Chevrolet, Media Industry, Vehicles, Lexus
WASHINGTON -- Small-business owners were slightly more optimistic about the economy last month but their outlook remained poor, according to a private survey released Monday. The Small Business Optimism Index, a monthly gauge from the National...
Toyota Motor Corp. profits soared in the latest quarter, helped by strong sales in North America and a slide in the value of the Japanese yen. Toyota, which surpassed GM in 2012 to become the world’s largest auto company, said profit for its third...
Foreclosures declined nationally in December, new data show, extending a critical component of the recent housing recovery into the new year. The sizable 19.5% decline in foreclosure inventory, accompanied by a similar drop in completed foreclosures,...
WASHINGTON -- The U.S. economy shrank at a 0.1% annualized rate in the last three months of 2012 amid fears about the fiscal cliff, the Commerce Department reported Wednesday. It was the first time economic growth contracted since the end of the Great...
Tags: Business, Productivity, Fiscal Cliff
Southern California’s housing market ended last year with sharp home-price gains and the highest sales for a December in three years. The region’s median home price rose 19.6% in December over the same month last year to hit $323,000,...
Mar 21, 2013 |Story| Los Angeles Times
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Jan 15, 2013 |Story| Los Angeles Times
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