Merced Business News

Consumers are buying washers to fix leaky faucets rather than replacing the faucets themselves, and professional contractors are spending less overall on projects, Home Depot Inc. reported Tuesday. The nation’s largest home-improvement retailer said third quarter profit fell 9 percent...

Total money market mutual fund assets fell by $8.36 billion to $3.319 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds fell by $3.97 billion in the latest week to...

There'll be a cut in local allocations they may have expected for November advances. Included are Merced, Livingston, Los Banos and Chowchilla. The California State Board of Equalization (BoE) said Monday that 535 letters were sent to local finance directors...

Basic cable rates in Wisconsin increased an average of 21 percent over the past two years, despite a new law designed to increase competition and lower costs, an audit released Tuesday said. The data suggests that the law which took...

Indiana charities are hoping donations will pick up this holiday season to meet the skyrocketing demand for help during the slumping economy. Charities in Indiana have reported increased requests for help with rent, utility costs, food and other services.

Freddie Mac on Monday said it will issue a new three-year reference notes security. The notes will price Tuesday, settle Wednesday and are due Jan. 9, 2013. Prior to this offering, the government-sponsored mortgage agency had issued $51 billion of...

On a cold, breezy morning, just hours after enjoying a Thanksgiving meal, Merced residents looking for a bargain lined up around the Target store at the Merced Mall. Sarah Stillman, store manager for Target, was working her second Christmas at...

Total money market mutual fund assets fell $7.82 billion to $3.330 trillion for the week, the Investment Company Institute said Wednesday. Assets of the nation's retail money market mutual funds fell $5.39 billion in the latest week to $1.082 trillion....