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Author Archives: The Associated Press

Contracts to buy US homes fell in February

The number of Americans who signed contracts to buy homes fell for the eighth straight month in February, a sign that real estate sales will likely slow over the next few months. The National Association of Realtors said March 27 ...

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Judge halts Medicaid cuts after ACLU suit

A U.S. District Court judge issued an injunction March 25 to halt deep cuts to Medicaid and restore about $16 million in assistance to Idaho’s developmentally delayed adults. The decision lets an American Civil Liberties Union of Idaho lawsuit on ...

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Revenue growth seen slowing at Indian casinos

Spending by gamblers slowed at U.S. Indian casinos in 2012, as revenue growth fell behind non-tribal casinos for the first time in nearly two decades, according to a report released March 26. The weak economy also put a brake on ...

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IRS says bitcoin will be taxed like property

Virtual currencies like bitcoin will be taxed like property — not currency, the Internal Revenue Service said March 25. The IRS says bitcoin is not legal tender. You can’t use it to pay your taxes. However, if you receive wages ...

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US home prices dip in Jan. for 3rd straight month

U.S. home prices dipped in January for a third straight month, likely because of slower sales in recent months caused by cold weather, a limited supply of homes and higher mortgage rates. The Standard & Poor’s/Case-Shiller 20-city home price index, ...

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Study: Borrowers paying mortgages ahead of cards

When it comes to paying the bills, the mortgage is once again more of a priority for many U.S. homeowners than their credit cards. That’s the conclusion of a study released March 19 by credit reporting agency TransUnion, which examined ...

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Idaho lawmakers pass wolf population control bill

The Idaho Legislature has passed a bill to create a state board that will work to control the growth of wolf populations in the state. The measure, known as House Bill 470, was passed March 20 on the final day ...

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Latinos being left behind in health care overhaul

The nation’s largest minority group risks being left behind by President Barack Obama’s health care overhaul. Hispanics account for about one-third of the nation’s uninsured, but they seem to be staying on the on the sidelines as the White House ...

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Sales of US existing homes slip to 19-month low (access required)

Sales of U.S. existing homes slipped in February to their lowest level since July 2012 as severe winter weather, rising prices and a tight supply of homes discouraged buyers. The National Association of Realtors said March 20 that sales declined ...

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