[AP] - Hovnanian Enterprises Inc. said Wednesday its fiscal third-quarter loss narrowed versus the prior-year period as the homebuilder booked fewer land-related write-downs. But signed contracts on new homes tumbled 37 percent as demand slowed in the absence of homebuyer tax credits.

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[AP] - The music monthly Paste magazine is shuttering its print publication after struggling financially for more than a year. Editor-in-chief Josh Jackson said Wednesday that the magazine based in suburban Atlanta will keep its popular website going but will stop sending print editions to its more than 200,000 subscribers.

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[AP] - The unemployment rate rose in nearly half of the nation's 372 largest metro areas in July, as the pace of hiring slowed from earlier this year.

[AP] - Apple Inc. is refining its plans to annex the living room into its entertainment empire. On Wednesday, Apple unveiled a smaller, cheaper version of Apple TV, which connects to a high-definition television and can show rented movies and TV shows from Apple's own service, plus content from Netflix, photos on Flickr, YouTube clips and more.

[AP] - Auto sales, once a bright spot in the economic recovery, grew fainter last month. The pain was widespread. Big car companies General Motors, Ford and Toyota all saw sales slip. Smaller automakers like Subaru suffered too, as did companies that appeal to the budget minded, such as Kia and Hyundai.

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[AP] - Oil prices sailed higher Wednesday as improvement in the manufacturing industry eased some fears about the strength of the global recovery.

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This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

[AP] - Auto sales, once a bright spot in the economic recovery, grew fainter last month. The pain was widespread. Big car companies General Motors, Ford and Toyota all saw sales slip. Smaller automakers like Subaru suffered too, as did companies that appeal to the budget minded, such as Kia and Hyundai.

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

[AP] - Manufacturing is growing in the United States and abroad, easing fears that the economy might be on the verge of a second recession.

[AP] - Construction spending tumbled in July to the lowest level in a decade, as the housing market struggles in the weak economy and without a popular home-buying tax credit.