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For the equivalent of roughly two years’ salary, prospective buyers in Clearwater, Florida, could buy a model home, lot included, complete with a heat pump that would provide “year-round” air conditioning. A partnership between a building company and HVAC contractor resulted in an ultra-affordable $11,950 home, at a time when the average salary was about…

The White House announced that President Donald Trump “had a good meeting” with Chinese President Xi Jinping during their high-profile summit in Beijing, China, and reached common ground on several issues, including economic cooperation, drug trafficking and conflict in the Middle East. Early on Thursday, the White House released a statement following bilateral meetings between…

More Lawsuits Filed Claiming OEM Pricing Coordination Direct-purchaser cases follow earlier end-user suit, target contractors and distributors Dylan Kurt April 24, 2026 Two more lawsuits alleging that major HVAC OEMs engaged in a multi-year price-fixing conspiracy has been filed in federal court. Unlike a similar class-action lawsuit filed in March, Berg v. Robert Bosch, LLC,…

Commercial strength offsets declines, as leadership defends pricing and pushes back on lawsuits Carrier’s first quarter earnings reflected uneven demand across its Climate Solutions Americas (CSA) segment, with residential softness partially offset by continued strength in commercial HVAC, data centers, and aftermarket sales. Total company sales reached $5.3 billion, up 2%, in what executives described…