The Ticker

SkillWorks gets $150,000 grant

SkillWorks, a multiyear initiative to improve workforce development in Boston and in Massachusetts, has been awarded a new $150,000 Social Innovation Fund grant by the National Fund for Workforce Solutions. SkillWorks brings together philanthropy, government, community organizations and employers to help low-income individuals attain family-supporting jobs and help businesses find skilled workers.

U.S. home sales rebound in Jan.

Sales of new U.S. homes rebounded in January to the fastest rate in more than five years. The strength in purchases followed a slowdown that had been linked to higher mortgage rates and severe winter weather.

The sales gain for new homes in January was led by a 74 percent surge in the Northeast. Sales were up 11 percent in the West and 10 percent in the South. The only region where sales declined was the Midwest, where they fell 17 percent. 


TODAY

 Labor Department releases weekly jobless claims.

 Commerce Department releases durable goods for January.

 Freddie Mac releases weekly mortgage rates.

THE SHUFFLE

Appel Insurance Advisors has added 40-year veteran lawyer Joseph H. Newberg to its "People InsuranceTM" business to increase the team's partnerships with legal and financial experts to benefit business and estate planning clients. Newberg recently retired as a tax partner at Weil, Gotshal & Manges LLP in Boston.

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