Buyers in Pierce County’s tight housing market are tripping all over themselves to snap up anything available, a trend that migrated south from King County, where bidding wars have been the norm for years. That trend soon could trickle into Pierce County’s $600,000-plus home market. Those high-end homes are spending...
Lombard has added a new strategy to its financial playbook that officials say will support redevelopment of 100 acres along Butterfield Road: including parts of the Yorktown Center shopping mall. Trustees on Thursday unanimously approved a tax-increment financing district called the Butterfield Yorktown TIF, which will create a fund that can...
Vacant for years and prone to flooding, a building in the heart of downtown Algonquin could soon be torn down to accommodate the village's ongoing streetscape plan. The village purchased the 101 S. Main St. property for $250,000 this year in hopes of controlling its future, Senior Planner Ben Mason...
Tacoma’s rent increases have slowed somewhat from earlier this year, when double-digit increases were the norm. Still, the City of Destiny remains in the top 20 cities in the United States for year-over-year percentage rent increases, with a 7.7 percent hike to an average of $1,172 a month in September compared to...
The consumer price index rose 0.5% in September and 2.2% vs. a year earlier, the Labor Department reported on Friday. Core prices, which exclude food and energy, rose 0.1% on the month and 1.7% from a year ago. Wall Street expected the headline CPI to rise 0.6% on the month and...
Every year, there is a new story of the scary “retirement crisis” facing our country. It makes you wonder how real retirees are making retirement work. Have they run out of money, or somehow, are they managing to get by? To take a closer look at how real people make retirement...
The dollar largely consolidated its gains in downbeat Thursday action after hitting a one-month high, driven there by increasingly hawkish commentary from Federal Reserve speakers, which has lifted U.S. Treasury yields. The dollar fell against its Japanese counterpart in suit with its broader move, but the outlook for the currency...
GOOGLE WILL ALLOW rivals to bid on coveted advertising spots that it previously reserved for itself at the top of product search results in Europe, but there are widespread doubts that the move will create meaningful competition. Google announced the change Wednesday in response to a June ruling by the European Commission that...
The biggest stock market winners tend to have exceptional earnings growth, and the list below highlights companies like top-rated Chinese stocks Baozun (BZUN), Weibo (WB) and Yirendai (YRD), as well as social media giant Facebook (FB) and self-driving car technology leader Nvidia (NVDA). Of course, while earnings-per-share, or EPS, growth is a crucial factor in choosing the best stocks to buy, it's not...
The price of electricity rose 1.5% between 2006 and 2016 — similar to the 1.6% annual rate of inflation over the same period, according to the U.S. Energy Information Administration. But the price U.S. power companies pay for natural gas used to generate electricity has fallen 8.4% since 2006. Retail electricity prices...