U.S. new home sales drop to two-year low in June
WASHINGTON – Sales of new U.S. single-family homes dropped to their lowest level in just over two years in June, the latest sign that rising mortgage rates, combined with higher…
WASHINGTON – Sales of new U.S. single-family homes dropped to their lowest level in just over two years in June, the latest sign that rising mortgage rates, combined with higher…
WASHINGTON – Confidence among U.S. single-family homebuilders dropped to a two-year low in June as high inflation and rising mortgage rates reduced affordability for entry-level and first-time buyers, a survey…
WASHINGTON – Contracts to buy U.S. previously owned homes dropped to a two-year low in April, the latest indication that rising mortgage rates and higher prices were dampening demand for…
BEIJING – China processed 11% less crude oil in April than a year earlier, with daily throughput falling to the lowest since March 2020 as refiners slashed operations on weaker…
(Reuters) – Saudi Arabia’s crude exports in February rose to 7.307 million barrels per day (bpd), the highest level since April 2020, official data showed on Monday. Crude oil exports…
LONDON – U.S. two-year Treasury yields climbed to their highest level since early 2019 on Monday, continuing to push higher on expectations that the Federal Reserve will deliver bigger rate…
By Indradip Ghosh BENGALURU – India’s factory activity expanded at a slower pace in March as rising prices meant new orders and output grew at their weakest rate since September,…
Companies on the 2022 Inc. 5000 Regionals Northeast list had an average growth rate of 208% percent. NEW YORK, March 16, 2022 — Inc. magazine revealed that Capital Rx, a healthtech…
By Shashwat Awasthi and Harshita Swaminathan – Investors raised their bearish views on most Asian currencies, with short bets on the Indian rupee at a near two-year high, as Russia’s…
TRENTON, NJ – New Jersey Governor Phil Murphy in his last regularly scheduled COVID-19 briefing said New Jersey is moving from a COVID-19 pandemic to an endemic and he will…
By Jonnelle Marte -U.S. mortgage rates increased to a two-year high last week and could keep rising, a trend which may further squeeze first-time buyers struggling to overcome higher home…
A man who allegedly murdered and burglarized 18 elderly women over a two-year period in the Dallas, Texas, area began trial on Monday, the Associated Press reported. Billy Chemirmir, 48,…