Housing sales increased for May

Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery in the housing market continues, despite weaker job growth.

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PDX considers tax for arts

The City Council will consider placing a measure on the ballot to collect a $35 tax on Portlanders to help fund school art programs and non-profit art organizations on Wednesday.

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Markets drop as Europe meets

Market gloom prevailed Monday at the start of a crucial week for the euro, as Spain made a formal application for billions and European leaders looks for ways to shore up their currency.

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