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The pending sales of existing homes fell 2.2% in September, the National Association of Realtors said Thursday, the first monthly contraction of that figure in four months.
SILVER SPRING, Md. – Tupperware relied on social gatherings for explosive growth in the mid 20th century. In the 21st century, it is social distancing that is fueling sales.
Sales of new homes fell by 3.5% in September to a seasonally-adjusted annual rate of 959,000 million units, the Commerce Department said Monday, as the housing market's hot summer buying season cooled.
Sales of existing homes climbed 9.4% in September, the National Association of Realtors said Thursday, the latest sign that the housing market remains red hot despite the coronavirus pandemic.
Short-video app Quibi said it is shutting down just six months after its early April launch, having struggled to find customers.
Dallas-based Integrity Marketing Group, a large distributor of life and health insurance products, has acquired Advanced Market Sales, an independent insurance marketing organization headquartered in Coeur d’Alene.
Wall Street closed out a choppy week of trading with more of the same Friday, as a late-afternoon stumble led U.S. stock indexes to a mixed finish.
Retail sales rose strongly in September, the fifth consecutive month of growth, as Americans spent more on clothing, cars and sporting goods.
Ireland’s Supreme Court has ruled that bread sold by the fast food chain Subway contains so much sugar that it cannot be legally defined as bread.
More Americans signed contracts to buy homes in August, suggesting the hot U.S. housing market will continue to churn well into fall.
BMW will pay an $18 million fine to settle allegations that it inflated its monthly U.S. sales numbers for five straight years.
Demand for new homes continues to surge despite an ongoing pandemic and lingering anxiety about the U.S. economy. The pace of sales have now reached levels last seen before the Great Recession in 2006.
While the COVID-19 has played havoc with the Washington economy and many of its industries, it has boosted the state's legal marijuana operations.
Walmart is launching a new membership service that it hopes can compete with Amazon Prime.
TikTok CEO Kevin Mayer resigned Thursday amid U.S. pressure for its Chinese owner to sell the popular video app, which the White House says is a security risk.
Nordstrom Inc. on Tuesday reported a larger-than-expected loss and a 53% drop in sales for its fiscal second quarter, during which the pandemic forced the upscale department store chain to temporarily close its stores.
NEW YORK – Video app TikTok said it will wage a legal fight against the Trump Administration’s efforts to ban the popular, Chinese-owned service over national-security concerns.
Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causing the pace of purchases to jump by a record-high 24.7%.
Even though General Motors was able to reopen its U.S. factories for the last half of the second quarter, the company still lost $806 million from April through June.
Britain suspended its extradition treaty with Hong Kong on Monday and blocked arms sales to the former British territory after China imposed a tough new national security law.