SAN JOSE, Calif. – In another sign of an improving economy, residential remodeling is picking up after several lean years, helped along by homeowners who are deciding to fix up places they can’t sell because of the housing crunch. “There is an awakening,” said Rick Evans of Bauman Builders in San Jose. Last year “was […]

ATHENS, Greece – Greek government officials and world markets appeared confident that a high number of private investors would participate in a major Greek debt reduction deal as the deadline to do so passed Thursday night. A senior government official said shortly before the 10 p.m. deadline that no extension was being planned. The landmark […]

NEW YORK – Exxon said Thursday that it will spend about $150 billion over the next five years to find more oil and natural gas to satisfy the world’s growing energy appetite. Exxon Mobil Corp., the world’s largest publicly traded energy company, expects global energy demand to increase 30 percent by 2040, compared with 2010 […]

WASHINGTON – Airfares are likely to stay high throughout this decade, as passenger travel grows but airline capacity shrinks, according to a government forecast issued Thursday. In its annual economic analysis, the Federal Aviation Administration predicted that more airline mergers and consolidation will shrink the number of cities served. The combination of modestly increasing demand […]