Cream of the crop of hot Boston market

Home prices are still surging, but the pace of the gains has steadied as interest rates continue to rise, according to the most recent S&P/Case-Shiller Home Price Indices. Still, there are some eye-popping properties up for sale in Boston — if you're...

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Palmer casino proposal unveiled

Local officials in Palmer will vote Tuesday on a deal with Mohegan Sun that would pay the town nearly $3 million upfront, followed by at least $15.2 million annually, in exchange for allowing the company to build a $1 billion casino there. If the Town...

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The Ticker

U.S. economy grew at 
2.5 percent rate in spring The U.S. economy grew at a 2.5 percent annual rate from April through June, much faster than previously estimated. The steep revision was largely because U.S. companies exported more goods and imports...

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Boston fast-food workers join drive to maximize minimum-wage rate

The Hub portion of a national fast-food workforce strike fell far below expectations — but organizers said it was a success nonetheless. About 60 workers from local Dunkin' Donuts, McDonald's, KFC, Popeyes and Burger King either walked off their jobs,...

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Weighing Yellen vs. Summers for Federal Reserve

WASHINGTON — Lawrence Summers is the White House insider with a direct line to President Barack Obama. Janet Yellen is the Federal Reserve veteran with a long list of congressional patrons. The two Ivy League-trained economists have emerged as leading...

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US consumer spending up weak 0.1 percent in July

WASHINGTON — U.S. consumers barely increased their spending in July as their income grew more slowly, held back in part by steep government spending cuts that reduced federal workers' salaries. The tepid gains suggest economic growth is off to a weak...

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Dunkin' Donuts criticized for 'racist' ad campaign

BANGKOK — A leading human rights group has called on Dunkin' Donuts to withdraw a "bizarre and racist" advertisement for chocolate doughnuts in Thailand that shows a smiling woman with bright pink lips in blackface makeup. The Dunkin' Donuts franchise...

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Report: GE to spin off consumer finance business

General Electric Co. plans to spin off the U.S. consumer lending business of its finance arm with an initial public offering of stock that could come early next year, according to The Wall Street Journal. The newspaper also said Friday that the Fairfield,...

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Judge: Airline-merger trial to start in November

WASHINGTON — A federal judge said Friday that the government's lawsuit to block the proposed merger of American Airlines and US Airways will start Nov. 25, a timetable favored by the airlines. The U.S. Justice Department had wanted the trial to start...

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Tooth Fairy inflation: Price of a tooth nears $4

NEW YORK — Days of finding a quarter under your pillow are long gone. The Tooth Fairy no longer leaves loose change. Kids this year are getting an average of $3.70 per lost tooth, a 23 percent jump over last year's rate of $3. And that's a 42 percent...

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