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Contracts to Buy US Homes Rise in Hopeful Sign

FINANCE | By Josh Boak | Tuesday Sep 2, 2014
More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed.

Sales of US New Homes Fall in July

FINANCE | By Josh Boak | Aug 25
Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery. The Commerce Department said that new-home sales fell 2.4 percent last month.

In this image from video posted on Facebook, courtesy of the George W. Bush Presidential Center, former President George W. Bush participates in the ice bucket challenge with the help of his wife, Laura Bush, in Kennebunkport, Maine.

Ice Bucket Challenge May Change Nonprofit World

FINANCE | By Alicia Rancillo | Aug 23
The ice bucket challenge's phenomenal success is making other charitable organizations rethink how they connect with a younger generation of potential donors.

After $100,000 Bitcoin Score, 15-Year-Old Creates Startup

FINANCE | Aug 22
Erik Finman, a 15-year-old from northern Idaho, founded an online education program that links students with instructors around the world. Michelle Miller reports on his story.

Patient Advocates Say Insurers Avoiding the Sick

FINANCE | By Richardo Alonso-Zaldivar | Aug 22
Ending insurance discrimination against the sick was a central goal of the nation's health care overhaul, but leading patient groups say that promise is being undermined by new barriers from insurers.

A builder works on the construction of new homes in Belmar, N.J.

US Home Construction Jumps 15.7 Percent in July

FINANCE | By Martin Crutsinger | Aug 21
U.S. home construction rebounded in July, rising to an eight-month high and offering hope that housing has regained momentum after two months of declines.

USDA: Cost to Raise Child Up Slightly to $245,340

FINANCE | Aug 20
A child born in 2013 will cost a middle-income American family an average of $245,340 until he or she reaches the age of 18, with families living in the Northeast taking on a greater burden, according to a new report.

How Much is $100 Worth in Your State?

FINANCE | Aug 19
A new report by the Commerce Department shows in which states $100 will go the farthest. Mississippi spenders get the most bang for their buck, while $100 buys the least in Washington, D.C. Norah O'Donnell reports.

NY Fed: US Auto Loans Soar to Highest in 8 Years

FINANCE | By Christopher S. Rugaber | Aug 18
U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers, according to a report Thursday by the Federal Reserve Bank of New York.

5 Tips for Sensible Back-to-School Spending

FINANCE | By Alex Veiga | Aug 15
Students may not be thrilled about their summer break drawing to a close, but retailers couldn't be happier. That's because back-to-school shopping traditionally brings in a windfall that's second only to the December holiday season.

US Consumer Credit Increased at Slower Pace in June

FINANCE | By Josh Boak | Aug 13
U.S. consumers expanded their borrowing at a slower rate in June compared to the prior month. Overall credit rose by $18.3 billion in June to a total of $3.17 trillion, the Federal Reserve said.