George R.R. Martin joins group to buy historic railway

George R.R. Martin joins group to buy historic railway

SANTA FE, N.M. (AP) — George R.R. Martin, the famed author of the “Game of Thrones” fantasy series, has joined a group to buy the historic Santa Fe Southern Railroad.Violet Crown cinema owner Bill Banowsky, National Dance Institute of New Mexico co-founder Catherine...
US home price gains quickened in March as sales plunged

US home price gains quickened in March as sales plunged

WASHINGTON (AP) — U.S. home prices accelerated in March even though sales plummeted, as those Americans still house shopping were forced to bid for a sharply diminished supply of homes. The S&P CoreLogic Case-Shiller 20-city home price index rose 3.9% in March,...
US new-home sales post slight gain in April

US new-home sales post slight gain in April

BALTIMORE (AP) — U.S. new home sales ticked up 0.6% in April, a surprising gain amid the coronavirus outbreak that hints at the relative health of potential buyers.The Commerce Department reported Tuesday that sales of new single-family homes rose slightly to a...
Consumer confidence up slightly but remains near 6-year low

Consumer confidence up slightly but remains near 6-year low

WASHINGTON (AP) — U.S. consumer confidence inched up this month, showing signs of stabilizing, but remained near a six-year low in the face of the widespread business shutdowns that have sent the economy into recession.The Conference Board said Tuesday that its...
Bell rings but trading floor chaos subdued as NYSE reopens

Bell rings but trading floor chaos subdued as NYSE reopens

NEW YORK (AP) — The trading floor of the New York Stock Exchange reopened for the first time in two months with New York Gov. Andrew Cuomo ringing the iconic bell, but the controlled chaos was more subdued Tuesday under new pandemic rules.The floor, known worldwide...
Latam Airlines seeks bankruptcy protection as travel slumps

Latam Airlines seeks bankruptcy protection as travel slumps

BANGKOK (AP) — Latam Airlines, South America’s biggest carrier, sought U.S. bankruptcy protection Tuesday as it grapples with a sharp downturn in air travel sparked by the coronavirus pandemic. The Chapter 11 bankruptcy filing underscores the severity of the financial...