US home sales plunge 4.9 percent in January

WASHINGTON — U.S. home sales struck a snow drift in January, plunging to the slowest pace in nine months. The National Association of Realtors said Monday that sales of existing homes tumbled 4.9 percent last month to a seasonally adjusted annual rate...

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US stocks edge lower, pulling Dow back from a record high

U.S. stocks edged lower in morning trading Monday as investors weighed the implications of a steep drop in U.S. home sales and the latest batch of corporate deal news. The market is coming off an all-time high reached last week. KEEPING SCORE: The Dow...

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Oscars: Social buzz was poor predictor of winners compared with gambling sites

It's the difference between just mouthing off and putting your money where your mouth is. Leading up to Sunday night's 87th Annual Academy Awards, Facebook and Twitter -- along with third-party social analysis researchers Adobe, Hootsuite and Way...

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Dish founder Charlie Ergen stepping back in as CEO

Charlie Ergen, the brash entrepreneurial founder of Dish Network, will take over as CEO of the satcaster following the retirement of president and CEO Joe Clayton in March. Dish announced Monday that Clayton, who has been its chief exec since June...

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Oscar scorecard by movie and studio

It was a grand night for Fox Searchlight, which scored the most wins at the 87th Academy Awards with its top two films: "Birdman" and "The Grand Budapest Hotel." The two films were awarded 4 statues each, after also tying in nominations (9 each). ...

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Justices reject New Orleans tour guides' free speech appeal

WASHINGTON — The Supreme Court has rejected a free-speech appeal from guides in New Orleans who object to having to be licensed to lead tours. The justices did not comment Monday in leaving in place lower court rulings that said the licensing requirements...

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2 UK politicians caught in lobbying sting deny wrongdoing

LONDON — Two former senior British ministers denied wrongdoing Monday after being caught in a hidden-camera sting appearing to offer access to politicians and diplomats in return for cash. Prime Minister David Cameron said the allegations against Jack...

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Your retirement savings: Obama proposal

WASHINGTON — The Obama administration is proposing tougher restrictions on brokers who manage Americans' retirement accounts, reigniting a confrontation with the financial services industry over rules affecting trillions of dollars in 401k and other...

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Target lowers free shipping minimum for online orders to $25

NEW YORK — Retailer Target has cut its minimum online purchase to qualify for free shipping to $25 from $50. The free shipping is available to all online orders coming from the continental U.S. or from military postal facilities. The company says handling...

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Massachusetts gas prices up 4 cents

BOSTON — The cost of gasoline in Massachusetts has crept up another 4 cents per gallon in the past week. AAA Northeast reports Monday that self-serve, regular is now selling for $2.25 per gallon. That's 17 cents higher than a month ago but still $1.21...

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