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Goldman’s net falls 72 pct after Buffett dividend

Goldman Sachs’ income falls after paying $1.6B dividend to Buffett, still beats estimates NEW YORK (AP) — Goldman Sachs’ first-quarter income fell 72 percent after the bank paid out $1.64 billion in dividends to redeem preferred shares it issued to billionaire investor Warren Buffett during the financial crisis. The New […]

Oil holding above $107 a barrel

Oil hangs on above $107 a barrel, gasoline climbs for 28th straight day to $3.84 per gallon Chris Kahn, AP Energy Writer NEW YORK (AP) — Oil prices waver between small gains and losses on more warnings of weak global demand, as retail gasoline prices continue to climb. Gas pump […]

New-home construction increases 7.2 pct. in March

New-home construction jumps 7.2 pct. in March as spring buying season begins Derek Kravitz, AP Real Estate Writer WASHINGTON (AP) — Builders broke ground on more new homes last month, giving the weak housing market a slight boost at the start of the spring buying season. Home construction rose 7.2 […]