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  • H.S. Borji

    The US service economy accelerated at a faster rate in April, with overall activity rising at the fastest rate since early 2008. The Institute for Supply Management’s gauge of national service activity rose from 53.1 to 55.2. A median estimate of market analysts called for a gain of 1 percentage point. The US service economy

  • Henryrooto Henryrooto

    July new home sales declined the most in three years, according to a report from the US Census Bureau. The purchase of new homes declined 13.4 percent, following a robust 3.6 percent hike the previous month. The steep decline has been attributed to many factors, including rising mortgage rates and home builders holding back on