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Money & Markets

Homebuyers stymied by fewer homes, high prices, rising rates

LOS ANGELES — Shortly after moving to South Florida for a new job with the U.S. military, Shannon Kaufman and his wife, Wendy, signed up for a whole other mission: buying a home. For months, they scoured listings, strategizing late into the night on which homes to target and working out how ...

Flight attendants settle Frontier discrimination suit

DENVER — Frontier Airlines has settled a discrimination lawsuit brought by a group of flight attendants who claimed the carrier discriminated against them during pregnancy and while breastfeeding. Denver-based Frontier agreed to keep or change several policies to address the needs of ...

US inflation jumped 8.5% in past year, highest since 1981

the associated press WASHINGTON — Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received. The Labor Department ...

Etsy sellers protest fees by halting their sales for a week

NEW YORK — Some vendors on Etsy say they are halting sales of their items on the site for a week to protest a hike in the fees the crafts e-commerce marketplace charges them. Starting Monday, Etsy sellers must pay a 6.5% commission on each transaction, up from the 5% in place since ...

Warren Buffett buying spree goes on, HP soars on 11.5% stake

OMAHA, Neb. — Shares of HP Inc. jumped nearly 15 percent Thursday after Warren Buffett’s company snapped up more than 11 percent of the printer and computer maker over the past week in another uncharacteristic tech investment from the billionaire. Berkshire Hathaway Inc. said in a filing ...

Medicare weighs premium cut after limiting Alzheimer’s drug

WASHINGTON — Medicare said Thursday it’s considering a cut in enrollee premiums, after officials stuck with an earlier decision to sharply limit coverage for a pricey new Alzheimer’s drug projected to drive up program costs. The agency “is looking at that, and is still going through ...