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Nichol Khan checks new home listings from her rental home, Monday, April11, 2022, in Mesa, Ariz. America's housing market has grown increasingly frenzied and out-of-reach, especially for first-time buyers. (AP Photo/Matt York)

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Homebuyers stymied by fewer homes, high prices, rising rates
By ALEX VEIGA - AP Business Writer
Wed,04/13/22-8:21AM , 170 Reads
LOS ANGELES (AP) — Shortly after moving to South Florida for a new job with the U.S. military, Shannon Kaufman and his wife, Wendy, signed up for a whole other mission: buying a home.
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This is a home sold in Mount Lebanon, Pa., on Tuesday, Sept. 21, 2021. Sales of previously occupied homes fell in December for the first time in four months as mortgage rates ticked higher and would-be buyers struggled to find properties with the number of properties on the market at record-lows. (AP Photo/Gene J. Puskar)

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January home sales rise ahead of expected rate hikes
By ALEX VEIGA - AP Business Writer
Fri,02/18/22-9:39AM , 172 Reads
LOS ANGELES (AP) — Sales of previously occupied homes rose in January as a surge in buyers with cash and others eager to avoid higher mortgage rates snapped up properties, leaving the number of available houses on the market at a record low.
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FILE - The New York Stock Exchange operates during normal business hours in the Financial District, Wednesday, Oct. 13, 2021, in New York. Stocks are inching higher in early trading Friday, Dec. 31, the final day of what turned out to be another big year on Wall Street. (AP Photo/John Minchillo, File)

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Stocks end 2021 on a weak note, still notch big yearly gain
By ALEX VEIGA - AP Business Writer
Thu,12/30/21-11:44PM , 134 Reads
Stocks capped a quiet day of trading with modest losses Friday, even as Wall Street closed the books on another banner year.
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Stocks end higher, closing out best week since February
By ALEX VEIGA - AP Business Writer
Thu,12/09/21-11:34PM , 156 Reads
Technology companies led a rally on Wall Street that powered the S&P 500 to an all-time high and gave the index its best weekly gain since February.

The S&P 500 rose 1%, enough to recoup its losses from a day earlier. The benchmark index closed higher four of the last five days, finishing 3.8% higher for the week.
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