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Home Sales Plummeted in August According to Pending Data
Pending home sales for August were down 7.1% from the previous month, data from the National Association of Realtors revealed. This far outpaces the...
Stocks Fall After the Release of GDP Data
U.S. stocks declined on Thursday as investors digested the latest round of GDP data. Estimates on Thursday showed that the U.S. economy's GDP for...
Hyundai and Kia Recall Over 3 Million Vehicles Due to Fire Risk
Hyundai and Kia are in the process of recalling over 3.4 million vehicles in the United States due to a fire risk. Both automakers...
Marriott Projects Revenue Growth Amid Resilient Travel Demand
Marriott International forecasted on Wednesday that 3% to 6% growth in its annualized global revenue per available room for the two years ending 2025 as the...
Dollar and Stocks Steady as Bonds Ease From Record Highs
The U.S. dollar and stocks in New York stabilized on Wednesday, while U.S. Treasury Yields retreated from their 16-year high, easing pressure on the...
New Home Sales Plummet in August
Sales of new U.S. single-family homes plunged in August as the 30-year mortgage rate rose past 7%, thereby discouraging would-be buyers. According to data...
U.S. New Vehicle Sales Expected to Rise in September
Cox Automotive reported that new vehicle sales in the U.S. are expected to rise in September compared to the previous year. This comes after the...
Home Prices Hit Record High in July
Home prices rose for a sixth consecutive month in July, with the S&P Case-Shiller US National Home Price Index reaching an all-time high, surpassing...
