Additionally, prices of lumber and other building materials slumped after a renovation project surge and the pandemic eased; the lower prices left many suppliers in shaky financial condition.

Devastating, often tragic as the Los Angeles wildfires have been, rebuilding could bring nightmares all its own, including murky insurance rules, material shortages and potentially higher cost for eve ...

Medicare announced Friday that it has selected 15 drugs, including the hugely popular medications Ozempic and Wegovy, used for diabetes and weight loss, as well as some blockbuster cancer ...

Lumber prices have reached record highs in Japan since economic sanctions were imposed against Russia, leading to expectations of a spike in housing costs in the years ahead. Russia accounts for ...

Lumber prices based on the most active futures contract have climbed by more than 7% so far in the new year, already outpacing 2024's modest 1.3% rise, according to Dow Jones Market Data.

Lumber prices have been stable at $500 per thousand board feet as of 2023-2024. Boise Cascade sees profits despite the soft housing market linked to construction demand. International Paper excels ...

Builders FirstSource Inc. announced a definitive agreement to acquire Alpine Lumber Company, a Colorado-based, 100% ...

While they would take time to actually go into effect, Americans could still quickly begin to see price increases on impacted goods. Inu Manak, a trade policy fellow at the Council on Foreign ...

Commissions do not affect our editors' opinions or evaluations. The price of gold today, as of 9:12 am ET, was $2,706.55 per ounce. That’s down 0.33% from yesterday’s gold price of $2,715.38.

Commissions do not affect our editors' opinions or evaluations. The price of silver today, as of 9:12 am ET, was $30.25 per ounce. That’s down 1.96% from yesterday’s silver price of $30.85.

Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer Price Index for All Urban Consumers (CPI-U) on a seasonally adjusted ...