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US New-Home Sales Rose 1.3% in November

WASHINGTON — U.S. sales of newly built homes increased 1.3% in November from the prior month, a sign that low mortgage rates are pushing up purchases as well as prices. The Commerce Department said Monday that new single-family houses sold at a seasonal...
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Yogurt Sales Show US Breakfast Culture is Changing

What’s eating yogurt? Despite shelves full of new varieties — from Icelandic to Australian to coconut-based — U.S. yogurt sales are in a multiyear slump. Yogurt companies are confident that more new products...
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US Retail Sales Rise Moderately as Auto-Buying Jumps

WASHINGTON — U.S. retail sales rose moderately in August, driven higher by a jump in auto buying and healthy online sales, evidence that consumers are still spending enough to support growth. The Commerce Department said Friday that retail sales increased 0...
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Tesla Posts Surprisingly Large 1Q Loss as Sales Slump 31%

SAN FRANCISCO — Tesla CEO Elon Musk had prepped Wall Street for a first quarter loss but analysts were still stunned by its size: $702.1 million, among the company's worst quarters in the past two years. The net loss was more than double what analysts had p...
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Dispute Over Rules Riles California’s Legal Pot Market

LOS ANGELES — California has finalized its rules governing the nation's largest legal marijuana market, a milestone coming more than a year after the state broadly legalized cannabis sales for adults. "Love it or hate it, California has regulations for comm...