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Tag: Supply

China issues rare earth regulations to further protect domestic supply

BEIJING (Reuters) – China has unveiled a list of rare earth regulations aimed at protecting supplies in the name of national security, laying out rules on the mining, smelting and trade in the critical materials used to make products from magnets in electric vehicles to consumer electronics. The regulations, issued by the State Council or […]

US new home sales slump; supply at more than 16-year high

By Lucia Mutikani WASHINGTON (Reuters) – Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand, offering more evidence that the housing market recovery was faltering. But the sting from the largest decline in sales in more than 1-1/2 years, reported by the […]

Yellen announces efforts to boost housing supply as high prices create crunch

WASHINGTON (AP) — The Biden administration is announcing new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years. Treasury Secretary Janet Yellen will promote the new investments on Monday during a visit to […]

Housing in short supply amid Electric Boat building boom

Jun. 22—David Shaman Ortiz, a rigger at Electric Boat, is looking for a one-bedroom apartment for him and his family within a 15-to-20 minute commute of his job in Groton. But the search to find a space for him and his partner, Suhery Tavarez, both in their early 30’s, and their 11-month-old son, Elrah Ortiz, […]

Mother-son team expanding beauty supply venture into Akron

Nneka Slade and her Kameron Coleman recently expanded their beauty supply business and plan to open a location in Akron. A mom-and-son duo recently turned their dreams into reality after closing a seven-figure deal with a beauty supply store business that will soon expand to Akron. Star Beauty Plus, located in Maple Heights, supplies hair […]