US Existing Home Sales Crashes to Nearly 30-Year Low
By Naveen Athrappully Sales of existing homes dropped last year to the lowest in 28 years even as property prices jumped to record highs, according to the National Association of Realtors (NAR) Existing home sales declined to 4.09 million units in 2023, which is the lowest level since 1995, according to a Jan. 19 NAR press release. At the same time, the median price of homes hit a…
More Stories
US Manufacturing Activity Holds Steady Despite Surging Costs
By Andrew Moran U.S. manufacturing activity held steady in April, despite the war in Iran driving up factory costs, new...
Mexico’s Sinaloa Governor Steps Down as He Faces US Drug Trafficking Charges
By Ryan Morgan The governor of the Mexican state of Sinaloa has announced a leave of absence as he faces...
Trump Admin Uses Emergency Powers to Clear $8.6 Billion Mideast Arms Sales
By Kimberly Hayek The Trump administration invoked emergency powers on May 1 to go around congressional review and approve more...
Congress Reacts to Redistricting Decision by Supreme Court
By Jackson Richman Members of Congress offered mixed reactions after the Supreme Court limited the use of race in redistricting,...
Spirit Airlines Shuts Down After Rescue Efforts Fall Short
By Tom Ozimek Budget carrier Spirit Airlines said Saturday it will halt all operations immediately, canceling all flights and beginning...
US to Release up to 92.5 Million Barrels of Oil From Reserves
By Naveen Athrappully The United States is considering releasing up to 92.5 million barrels of crude oil from its Strategic...