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Higher Rates Can’t Hinder Housing’s Recovery

If the recent rise in home sales is yet another indication of the real estate market returning to normal, now may be the time to consider investing in homebuilders. In July, home sales rose to their highest level since November 2009, when a federal tax credit spurred a surge of homebuying. This July’s seasonally adjusted […]

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‘Sleep’ keeps bumper crop of apples fresh

DETROIT — A bumper crop of Michigan apples, combined with a high-tech storage process that can keep the fruit fresh longer, is expected to offer grocers worldwide plenty of the crisp fruit all year — and at a lower price. This year’s crop is so robust, some Michigan apple growers and packers said they’re filling […]

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An Endangered Species?

By Hal M. Bundrick NEW YORK (MainStreet) Traditional brokerage firms, like Merrill Lynch and Morgan Stanley, are facing greater challenges to keep clients, and brokers, as the industry braces for a tectonic shift. These stalwarts of the business, traditionally called wire houses, are looking for ways to remain competitive as a higher code of customer […]

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