- Fla. man charged with killing 16-month-old son to play Xbox undisturbed
- Drones from the deep: Pentagon develops ocean-floor attack robots
- Michigan mayor slaps back atheists’ try to erect ‘reason station’ at city hall
- PHILLIPS: Where is the conservative establishment?
- 7.5-magnitude earthquake shakes southern Mexico
- ISTOOK: IRS “wants to throw us in jail,” says tea party leader
- Easter woes: Chocolate costs soar, becoming ‘unaffordable’ luxury
- Michaels craft chain confirms hackers hit 3M customers
- Special Forces’ suicide rates hit record levels — casualties of ‘hard combat’
- Many Americans would quickly face financial hardship after losing job, poll shows
Economy Briefs: Home prices rise in most major American cities
Home prices rise in most major American cities
Home prices rose in March from February in most major U.S. cities for the first time in seven months. The increase is the latest evidence of a slow recovery taking shape in the troubled housing market.
The Standard & Poor’s/Case-Shiller home price index shows that prices increased in 12 of the 20 cities it tracks.
Three of the weakest markets reported signs of improvement. Prices increased in Tampa, Fla., and Miami, while prices in Las Vegas were unchanged.
The biggest month-over-month increases were in Phoenix, Seattle and Dallas. Prices dropped sharply in Detroit, Chicago and Atlanta.
The increases partly reflect the beginning of the spring selling season. The month-to-month prices aren’t adjusted for seasonal factors.
The overall index of 20 cities was essentially unchanged in March, after falling 0.8 percent in February.
FedEx buying company for undisclosed sum
MEMPHIS | FedEx says it will expand in Latin America with its purchase of a Brazilian transportation and logistics company.
FedEx is buying Rapidao Cometa Logistica e Transportes SA, one of the largest logistics companies in Brazil. Rapidao has been its authorized representative in Brazil for 11 years.
With Rapidao, FedEx is getting about 770 vehicles and trailers, approximately 9,000 workers in Brazil and 45 branches.
Terms of the deal were not released.
© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.
TWT Video Picks
- Harry Reid blasts Bundy ranch supporters as 'domestic terrorists'
- Immigration still on hold: Boehner's office
- Inside China: Marine's comment on islands draws sharp Chinese response
- Supreme Court weighs appeal to concealed-carry gun laws
- Nancy Pelosi washes immigrants' feet in humble Holy Week act then promotes on Twitter
- PRUDEN: When a bored president just 'mails it in'
- Army goes to war with National Guard, seizes Apache attack helicopters
- BRUCE: Obama deliberately emboldening America's enemies
- Joe Biden's biggest gaffe: VP blowing his 2016 head start
- Jews being told to register in Ukraine: John Kerry
Top 10 handguns in the U.S.