US Business News

U.S. New-Home Sales Continue Robust Pace

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Sales of newly built homes rose in October, leaving the housing market on track for its best year since 2007.

Indonesian Sugar-Tax Talk Chills Drinks Industry

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A possible tax on drinks with added sugar threatens to compound woes for beverage companies already wrestling with a slowdown in Southeast Asia’s largest economy.

Japan Unveils New Programs to Stimulate Economy

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Japanese Prime Minister Shinzo Abe said he would increase spending on social programs and raise the minimum wage as he tries to jump-start the flagging economy.

Fears Add Dispirited Air to Europe's Christmas Markets

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Christmas markets across Europe are seeing a decline in attendance amid security fears following the Paris attacks.

U.S. Restricts Raising Cap on Federally Backed Mortgages

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Home prices continue to climb, but the U.S. government is keeping a lid on the size limit for federally backed mortgages, posing problems for home buyers in many pricey markets.

U.S. Durable Orders Climb 3% in October

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Orders for long-lasting goods rose in October, climbing 3.0%—a sign demand for manufactured products could be firming after falling for most of the year.

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