Author: Biznews

South Korea Waits Out US-China Trade War

Juhyun Lee contributed to this report. SEOUL — As U.S. President Donald Trump intensifies his trade battle with China, one of the hardest-hit countries could be South Korea. Asia’s fourth-largest economy, South Korea is especially vulnerable to the tariff war because of its reliance on foreign trade — in particular, …

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South Korea Waits Out US-China Trade War

Juhyun Lee contributed to this report. SEOUL — As U.S. President Donald Trump intensifies his trade battle with China, one of the hardest-hit countries could be South Korea. Asia’s fourth-largest economy, South Korea is especially vulnerable to the tariff war because of its reliance on foreign trade — in particular, …

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US Housing Starts Rise in April; Supply Challenges Remain

U.S. homebuilding increased more than expected in April and activity in the prior month was stronger than initially thought, suggesting declining mortgage rates were starting to provide some support to the struggling housing market. Land and labor shortages, however, continue to constrain builders’ ability to construct more lower priced houses. …

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US Housing Starts Rise in April; Supply Challenges Remain

U.S. homebuilding increased more than expected in April and activity in the prior month was stronger than initially thought, suggesting declining mortgage rates were starting to provide some support to the struggling housing market. Land and labor shortages, however, continue to constrain builders’ ability to construct more lower priced houses. …

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Are Coastal Home Values Feeling Drag of Climate Change?

For sale: waterfront property with sweeping views of the Atlantic Ocean. Waves erode beach regularly. Flooding gets worse every year. Saltwater damage to lawn. Asking price: anyone’s guess. Some research suggests rising sea levels and flooding brought by global warming are harming coastal property values. But other climate scientists note …

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Are Coastal Home Values Feeling Drag of Climate Change?

For sale: waterfront property with sweeping views of the Atlantic Ocean. Waves erode beach regularly. Flooding gets worse every year. Saltwater damage to lawn. Asking price: anyone’s guess. Some research suggests rising sea levels and flooding brought by global warming are harming coastal property values. But other climate scientists note …

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Trump: US ‘Can Make a Deal’ with China

Capitol Hill correspondent Michael Bowman and reporter Ira Mellman contributed to this report President Donald Trump said the United States “can make a deal with China tomorrow” to resolve the trade dispute between the world’s two largest economies, adding the accusation that China prevented the two sides from completing an …

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Trump: US ‘Can Make a Deal’ with China

Capitol Hill correspondent Michael Bowman and reporter Ira Mellman contributed to this report President Donald Trump said the United States “can make a deal with China tomorrow” to resolve the trade dispute between the world’s two largest economies, adding the accusation that China prevented the two sides from completing an …

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Supreme Court Allows Lawsuit Over iPhone Apps

The Supreme Court is allowing consumers to pursue an antitrust lawsuit that claims Apple has unfairly monopolized the market for the sale of iPhone apps. New Justice Brett Kavanaugh is joining the court’s four liberals Monday in rejecting a plea from Cupertino, California-based Apple to end the lawsuit over the …

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