US existing home sales hit lowest levels since 2009. Mortgage rates and insufficient supply of homes squeeze potential first-time buyers out of the market. Existing home sales reduced by 2.0% in May 2023. Sales in the south fell by 1.1% while those in the midwest were down by 4.1%. Average 30 year fixed rate mortgage jumped to 7.7% - highest level since November 2000
India Business News: Wheat prices in India have reached an eight-month high due to strong demand for festivals, limited supplies, and import duties. The government may rel
Tomato prices have again hit the roof in the national capital with Mother Dairy selling the key kitchen staple at a whopping Rs 259 per kg on Wednesday via its Safal retail stores. Tomato prices have been under pressure for more than a month now on account of supply disruptions caused due to heavy rainfall in the key producing regions.
Tomato prices have been under pressure for more than a month now on account of supply disruptions caused due to heavy rainfall in the key producing regions.
MARKET MOVEMENTS: Brent crude oil is up 0.2% at $74.28 a barrel. European benchmark gas is up 1.8% at EUR33.83 a megawatt hour. Gold futures are 0.1% higher at $2,022.30 a troy ounce. LME three-month copper futures are up 0.. | 05:44am