Lifestyle and Budget

Contracts to Buy Homes Rise in Hopeful Sign

More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed.

U.S. Home Construction Jumps 15.7% in July

U.S. home construction rebounded in July, rising to the fastest pace in eight months and offering hope that housing has regained momentum after two months of declines.

Business Highlights

___ US companies increasingly fish for growth overseas SAN FRANCISCO (AP) — Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.