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Home prices post record annual decline

J.W. Elphinstone AP Real Estate Writer New York — Home prices tumbled by the steepest annual rate on record in the fourth quarter, two housing indexes showed Tuesday, and the pace of decline continued to gain speed in all but ...

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Republicans rally against wage provisions in budget

Dustin Block dustin.block@dailyreporter.com Opponents are pessimistic they’ll be able to remove a state budget provision that would require prevailing wages for any project that receives $2,000 or more in state money. The current threshold is $248,000. “I’m confident we can ...

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Citizens group sues, saying annexation illegal

Sean Ryan sean.ryan@dailyreporter.com The Highway J Citizens Group on Friday sued the village of Richfield for annexing a business park because the group is worried the move will lead to more development. Richfield annexed the Helsan Business Park in November, ...

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Mass. health system tested by recession

Steve LeBlanc AP Writer Boston (AP) — Massachusetts’ pioneering health care system, which requires nearly everyone to carry insurance or face fines, is about to be put to the test by the bad economy. Unemployment in the state has climbed ...

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Dubai workers are stranded without jobs

Brian Murphy AP Writer Dubai, United Arab Emirates — The world’s economic shadows caught up with Employee No. 861 at the lip of a construction site on Dubai’s desert outskirts. The foreman tapped on the dump truck’s window and broke ...

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