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More to U.S. oil than North Dakota, EIA says
WASHINGTON, Oct. 24 (UPI) -- Sales of new single-family homes rose 5.7 percent August to September, the U.S. Commerce Department said Wednesday.
Sales rose to a seasonally adjusted annual rate of 389,000 from a revised August rate of 368,000.
Sales also rose 27.1 percent more than the annual rate of 306,000 from September 2011.
The Commerce Department said the average sale price for a new home sold in September was $292,400, slight drop from August.
The seasonally adjusted estimate of how many new homes were on the market at the end of the month was 145,000, which is 4,000 more than August and represents a 4.5-month supply at the current rate of sales.
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MOSCOW, May 24 (UPI) --
Russia's decision to suspend its use of an Azerbaijani oil pipeline isn't the result of political tensions, Foreign Minister Sergei Lavrov says.
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MANILA, May 24 (UPI) --
The Philippines is determined to spend $1.8 billion on military upgrades -- mostly naval -- to protect the country against "bullies" in its territorial waters.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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