The bottom line

Foreclosures take longer; Wealth gap reaches new high; High hopes for wind and solar power; Cost of food keeps rising; Indians take the helm; Sales-tax holidays for back-to-school shopping

Foreclosures take longer

Foreclosures in the U.S. now take an average of 318 days to complete, up from 277 last year. The process is shortest in Texas, at an average of 92 days, and longest in New York, at 966 days.

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