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Market Update  

- By Quentin Fottrell, MarketWatch This woman's father died in a motorcycle accident and her mother remarried six months later Dear Moneyologist, My father died last April in a motorcycle a...
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US home prices rise in December at fastest pace in a year
By CHRISTOPHER S. RUGABER
From Associated Press
February 28, 2017 9:01 AM EST

WASHINGTON (AP) — U.S. home prices rose in December from a year earlier at the fastest pace in 11 months, as prospective buyers bid against each other for a limited supply of available property.

An experimental gene therapy that turns a patient's own blood cells into cancer killers worked in a major study, with more than one-third of very sick lymphoma patients showing no sign of disease six months after a single treatment, its maker said Tuesday.

SEOUL, South Korea (AP) — Five Samsung executives, including the company's 48-year-old billionaire heir, will stand trial in the coming months on bribery, embezzlement and other charges linked to a massive scandal that toppled South Korea's president.

MINNEAPOLIS (AP) — Target reported a 43 percent drop in fourth-quarter profit and weak store sales overshadowed an improving online performance.

BRUSSELS (AP) — A European Union court on Tuesday dismissed a bid by 26 companies to annul anti-dumping tariffs imposed by the bloc on Chinese solar panels more than three years ago.

SEOUL, South Korea (AP) — South Korean special prosecutors indicted Samsung's de facto chief Tuesday on bribery, embezzlement and other charges linked to a political scandal that has toppled President Park Geun-hye.

LONDON (AP) — In a warehouse at London's sprawling Heathrow Airport, a border officer pulls open a cardboard box he suspects contains contraband goods.

KUALA LUMPUR, Malaysia (AP) — Oil giant Saudi Aramco signed a $7 billion deal Tuesday to take a 50 percent stake in a mega Malaysian oil refinery project, in a pact expected to help Saudi Arabia increase trade in Southeast Asia.

WASHINGTON (AP) — Economists and investors will be looking for one thing above all from President Donald Trump's speech to the nation Tuesday night: Details.

LONDON (AP) — The British Chambers of Commerce is urging the U.K. government to put forward a clear timetable for Brexit, arguing that the break from the European Union should be delayed if a trade deal remains incomplete at the end of the two-year time frame for negotiations.

DUBAI, United Arab Emirates (AP) — Iran's economy rebounded out of a recession after the nuclear deal with world powers, the International Monetary Fund said on Tuesday, though uncertainty over future sanctions and problems plaguing the country's domestic banks could cause fiscal trouble ahead.

ATHENS, Greece (AP) — Talks between bailout inspectors and the Greek government have resumed in Athens after a months-long delays caused by disagreements over austerity measures.

KUALA LUMPUR, Malaysia (AP) — Malaysian property developer Tiah Joo Kim got way more than he bargained for when he signed a licensing deal to use the Trump brand on the Trump International Hotel and Tower that is opening this week in the Canadian city of Vancouver.

HONG KONG (AP) — World stocks eked out modest gains and the dollar weakened against the yen on Tuesday as investors awaited a speech by President Donald Trump to the U.S.

BEIJING (AP) — China's consumption of coal fell in 2016 for a third year in a row, official data showed Tuesday, as the world's top carbon polluter has emerged as a global leader in addressing global warming.

MILAN (AP) — Starbucks CEO Howard Schultz's vision for the chain was largely inspired by the coffee bars he saw on his first trip to Milan more than three decades ago.

AUGUSTA, Maine (AP) — Retired Coast Guard officer Roger Johnson sometimes notices a harsh buzz when he turns on his amateur radio, and he blames high-powered lighting used to grow pot.

MANILA, Philippines (AP) — Developing countries in Asia and the Pacific will need to spend up to $1.7 trillion a year, or $26 trillion through 2030, to meet their infrastructure needs and to maintain the region's growth momentum, the Asian Development Bank said in a report Tuesday.

HONG KONG (AP) — Asian stocks were mostly higher Tuesday after another strong finish on Wall Street as investors awaited a speech by President Donald Trump to the U.S.

WASHINGTON (AP) — The Senate on Monday confirmed billionaire investor Wilbur Ross as commerce secretary as President Donald Trump adds to his economic team.

NEW YORK (AP) — A top engineering executive at Uber, Amit Singhal, is out five weeks after his hire was announced. According to a report in the tech blog Recode, Singhal failed to disclose that he'd left his previous job at Google because of a sexual harassment allegation.

WASHINGTON (AP) — President Donald Trump declared Monday that "Nobody knew that health care could be so complicated." Yet the opposite has long been painfully obvious for top congressional Republicans, who face mounting pressure to scrap the law even as problems grow longer and knottier.

DETROIT (AP) — Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an air bag defect blamed for at least 16 deaths, most of them in the U.S.

DETROIT (AP) — The Latest on Takata's guilty plea in an investigation of dangerous air bag inflators (all times local): ___ 5:30 p.m.

TRENTON, N.J. (AP) — Several big drugmakers are trying to quell the furor over high drug prices by revealing more information about their pricing and even pledging to keep a lid on increases.