Record-low mortgage rates spur a 20 percent increase, but sales are still down for the year and millions of job losses threaten to slow the recovery.
Nate Thompson
Posted inArts & Entertainment, Nation & World
Amber Heard accuses Johnny Depp of throwing bottles like ‘grenades’
She testifies in the actor’s libel case that he threw “30 or so bottles” at her as if they were “grenades or bombs” during an assault in 2015.
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Posted inNation & World
Republican leaders, Trump to discuss virus aid as crisis deepens
Lawmakers are expected to meet Monday with the President on the next COVID-19 relief package.
Posted inNation & World
Businesses sue Seattle over ‘occupied’ protest zone
The plaintiffs say they are not trying to undermine protests for racial justice, but must do something after the city’s decision to “abandon and close off an entire neighborhood.”
Posted inBusiness, Nation & World
IMF downgrades outlook for global economy in face of virus
The International Monetary Fund now expects a 4.9 percent retraction, significantly worse than the 3 percent it estimated in April.
Posted inNation & World
Racial equality groups grapple with surge in donations
Some $2 billion in racial equity pledges and commitments have been made since May 25 when George Floyd died in police custody.
Posted inBusiness, Nation & World, Uncategorized
Report says state and local governments need billions in federal aid to avert 4 million layoffs
The private sector research firm Moody’s Analytics finds that Congress needs to act, but that Democrats are seeking more money than necessary.
Posted inBusiness, Nation & World, Uncategorized
Virus pummels commercial real estate, could end long boom
Offices tenants are considering renting less space as more employees work from home and the trend toward online shopping is accelerating
Posted inNation & World, Uncategorized
Three men indicted on murder charges in killing of Ahmaud Arbery
The charges include malice and felony murder in the death of a Black man who was pursued after running through the suspects’ neighborhood.
Posted inBusiness, Nation & World
Dow falls more than 700 points as surge in coronavirus cases rattles investors
Worsening outbreaks in several states combined with new travel restrictions in the northeast send markets tumbling.