DELRAY BEACH — The campaigns are over and now the real work starts for the 2013-14 edition of the Delray Beach City Commission. Cary Glickstein took the oath of office as the city’s new mayor while newcomer Shelly Petrolia and incumbent Adam Frankel were sworn in as members of the commission Thursday evening during the city's annual organizational meeting.
DELRAY BEACH — One finalist at the Delray Beach International Tennis Championships won his first ATP tournament Sunday, while another came up just short. Both said the experience should give them a confidence boost as the ATP tour moves on this week to Indian Wells, Calif.
DELRAY BEACH — More evidence that economy continues to recovery, albeit at a modest pace, helped lift stocks Tuesday. The Dow Jones industrial average gained 89.16 points, or 0.61 percent, to close the day at 14,662.01; the Nasdaq composite index gained 15.69 points, or 0.48 percent, to close at 3,254.86; the S&P 500 gained 8.08 points, or 0.52 percent, to 1,570.25.
DELRAY BEACH — The Commerce Department reported Thursday that economy didn’t suck as much we originally believed during the fourth quarter of 2012, and that was enough to boost stocks. The Dow Jones industrial average gained 52.38 points, or 0.36 percent, to close the day at 14,578.54; the Nasdaq composite index gained 11.00 points, or 0.38 percent, to 3,267.52; the S&P 500 gained 6.34 points, or 0.41 percent, to close at 1,569.15. The S&P’s close was its all-time high.
DELRAY BEACH — Wall Street’s majors finished modestly mixed, while South Florida stock posted a modest gain. Cyprus and a key housing report provided the drag on the market.
DELRAY BEACH — Florida’s used-home market continues to show its strength, with both sales and prices moving higher in February, according to Florida’s Realtors. Palm Beach County numbers also rose last month.
DELRAY BEACH — The same force that dropped stocks over the week helped push down mortgage rates sharply. Quiet on the inflation front also helped, according to Freddie Mac and Bankrate.
WASHINGTON — Employers added 236,000 jobs in February, while the jobless rate fell two basis points to 7.7 percent, the Labor Department reported Friday. The number of jobs added is the most since February 2012, while the rate is the lowest since December.
NEW YORK — Stocks fell Monday as a private group reported that manufacting activity declined in March. The Dow fell 5.69 points, or 0.04 percent, to close at 14,572.85. Other major indexes reported greater losses. South Florida stocks dropped more than 1 percent.
South Florida stocks gain
NEW YORK — Wall Street's majors finished mixed Wednesday, while South Florida's issues posted a modest gain. The Dow fell 33.49 points, or 0.23 percent, to close at 14,526.16, while the Nasdaq composite gained 4.04 points, or 0.12 percent, to 3,256.52. South Florida stocks gained 1.82 points to close at 1,219.18.
Make it 18 — Heat beats the Pacers
MIAMI — The streak continued Sunday as the Miami Heat (47-14) won its 18th in a row, 105-91 over the Indiana Pacers (39-24). Chris Bosh led the Heat with 24 points; Dwyane Wade added 23, while LeBron James added 13 points, 7 assists and 6 rebounds. David West led the Pacers with 24 points. The Heat play the Atlanta Hawks Tuesday in Miami.
Stocks post modest gains, Dow sets another record
NEW YORK — Stocks continued to move higher on a strong jobs report from the Labor Department, while the Dow closed at yet another new high. The Dow Jones industrial average picked up 67.58 points, or 0.47 percent to close at 14,397.07. South Florida stocks gained 5.77 points, or 0.48 percent, to close at 1,2122.01.
Mortgage rates move little
WASHINGTON — Mortgage rates moved little during the previous week, Freddie Mac reported Thursday. The 30-year fixed-rate mortgage averaged 3.52 percent with 0.7 point, up from 3.52 percent a week ago. The 15-year fixed held steady at 2.76 percent with 0.7 point.
