Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand.
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Tag: May
Paris Olympics Opening Ceremony Rehearsal Postponed Due To Seine River Pollution
A monitoring report from the city of Paris has revealed that the Seine river remains too dirty to accommodate the Paris Olympics triathlon and open-water swimming events.
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Home Sales Drop For Third Straight Month, Prices Hit Record High
For the third straight month, sales of previously occupied U.S. homes fell in May as increasing mortgage rates and record-high prices discourage many potential homebuyers during what’s typically the housing market’s busiest period of the year.
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US retail sales rise less than expected in May
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.
Read More US retail sales rise less than expected in May
Economist Predicts ‘Crash Of A Lifetime’ Will Be Worse Than 2008 Recession
Harry Dent, the outspoken financial author and economist, is not reversing course from his bold “crash of a lifetime” declaration from this past December.
Read More Economist Predicts ‘Crash Of A Lifetime’ Will Be Worse Than 2008 Recession
Singer Sean Kingston Booked In South Fla. Jail
Sean Kingston was booked into a Florida jail on Sunday, as the rapper and singer faces a slew of felony charges.
Read More Singer Sean Kingston Booked In South Fla. Jail