KEEPING HIS WORD: Trump Reaches Deal With Carrier to Keep 1,000 Jobs in US

President-elect Donald Trump seems to already be making good on his campaign promise to work to keep manufacturing jobs in the United States. His incoming administration and United Technologies (UTX) reached an agreement that will keep roughly 1,000 jobs at Carrier Corporation in Indiana. Carrier, owned by UTX, had plans to move production from a…

U.S. Housing Starts Surge to 9-Year High in October

U.S. housing starts surged to a more than nine-year high in October as builders ramped up construction of both single and multifamily homes, offering hope that housing will contribute to economic growth in the fourth quarter. Groundbreaking jumped 25.5 percent to a seasonally adjusted annual pace of 1.32 million units, the highest level since August 2007, the Commerce Department said…