Business News / Business

Homeownership drops to near 20-year low

The percentage of people that owned their own home, rather than rented one, dropped in June to a level not seen since the second quarter of 1995.

The second-quarter homeownership rate of 64.7 percent compared with 64.8 percent in the first ...

Lobbying expenditures against GMO labeling soar

The food industry spent $9 million lobbying Congress to oppose laws requiring labeling for genetically modified products in the first quarter of this year, nearly matching its total spending for all of last year, a new report said.

The Washington...