U.S. Home Prices Rise 4.3% in 20-City Index

Home prices in the U.S. recorded a 4.3% gain in the 12 months ending in October, according to the S&P/Case-Shiller Home Price Indices. The 10- and 20-City Composites showed respective annual returns of +3.4% and +4.3% in October 2012 - larger than the +2.1% and +3.0% annual rates posted for September 2012.Chicago and New York were the only two cities with negative annual returns in October.

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Hong Kong Stocks Slip, As Earnings Dominate TradeComments Off

Hong Kong stocks moved between small gains and losses early Friday, while Shanghai shares nosed a little higher, with earnings results front and center in both markets.

Japan Stocks Slip Lower After Data, But Softbank UpComments Off

Japanese blue chips sat a little softer Friday morning as investors digested a large feast of economic data, with the yen [s; USDYEN] little changed from its level the previous day.

Nevada gambling revenue inches upward in JulyComments Off

Nevada gambling revenue rose less than 1 percent in July compared with the same month last year, with nearly a 5 percent gain on the Las Vegas Strip offsetting declines in Reno, Stateline on Lake Tahoe’s south shore, and Wendover on the Utah line, the …

Hawaii tourism officials expect slower growthComments Off

Hawaii tourism officials said Thursday they were tempering their expectations, but they still anticipate continued growth for the state’s biggest industry.

Feds to resume leasing for fracking in CaliforniaComments Off

The U.S. Bureau of Land Management will resume issuing oil and gas leases next year for federal lands in California after a new study found limited environmental impacts from fracking and other enhanced drilling techniques, the agency said Thursday.

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