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US bans Chinese air bag components tied to 10 crash deaths

By David Shepardson WASHINGTON, April 29 (Reuters) - The National Highway Traffic Safety Administration on Wednesday banned substandard Chinese replacement automobile airbag inflators after 10 fatal crashes, saying they pose a significant risk to American drivers. The U.S. auto safety agency said it was aware of... Read More.

US single-family housing starts jump to 13-month high in March

WASHINGTON, April 29 (Reuters) - U.S. single-family homebuilding increased to a 13-month high in March, but the improvement was likely a blip as permits for future construction fell sharply and confidence among builders remained subdued. Single-family housing starts, which account for the bulk of homebuilding,... Read More.