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Contrarian's case for recession in 2015

By BERNARD CONDON

David Levy, who oversees the Levy Forecast economic newsletter, says the United States is likely to fall into a recession next year triggered by downturns in other countries.



Home sales up 2.6 percent in June

Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.


Corvallis reopens talks with developers

The Corvallis City Council is reopening talks with developers who want the city to invest $4 million in a parking garage for a new hotel.


Courts split on 4 words in new health care law

But the split rulings don't necessarily mean another trip to the Supreme Court for the Affordable Care Act.


Judge rejects lawsuit over Empire State Building IPO

The stakeholders — people who had held Empire State Building shares that were sold privately in 1961 — had said they lost more than $400 million in potential profits.


Bend extends sale for downtown site

Bend officials have given a developer another two months to close on a city-owned property that was to be the site of a new City Hall.



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