US New Home Sales Reach Highest Level in a Year Despite Rising Interest Rates: Commerce Department

US New Home Sales Reach Highest Level in a Year Despite Rising Interest Rates: Commerce Department

By Le Figaro with AFP Posted 1 hour ago, Updated 1 hour ago This represents an increase of 4.4% compared to June. ungvar/stock.adobe.com New home sales in the United States rose more than expected in July, despite ever higher interest rates, even reaching their highest level in the last twelve months, according to data released … Read more

U.S. Mortgage Rates Reach Highest Level Since 2002, Adding Pressure on Homebuyers

U.S. Mortgage Rates Reach Highest Level Since 2002, Adding Pressure on Homebuyers

U.S. mortgage rates hit their highest level since 2002 on Thursday, adding pressure on buyers already facing a tight housing market with rising prices. 30-year loans, the most popular in the world’s largest economy, thus reached a rate of 7.09%, according to the weekly average observed by the real estate refinancing group Freddie Mac, against … Read more

Recent Jackpot Winners: Decoding the 1.58 Billion Dollar Mega Millions Win and the Rise of Billion Dollar Jackpots

Recent Jackpot Winners: Decoding the 1.58 Billion Dollar Mega Millions Win and the Rise of Billion Dollar Jackpots

DECRYPTION – Like the jackpot of 1.58 billion dollars won by an American on August 8, jackpots exceeding one billion are more and more frequent. With today no less than 735 fortunes exceeding one billion dollars, according to Forbes magazine, which is constantly counting them, the United States remains a paradise for billionaires. From entrepreneur … Read more

Price Surge: The Soaring Costs of Rentals and Hotels During the Olympic Games in Paris

Price Surge: The Soaring Costs of Rentals and Hotels During the Olympic Games in Paris

DECRYPTION – On online platforms, the increase in the price of rentals and hotels over the period of the Olympic Games is reaching new heights. The State and the players in the sector are studying ways to deal with it. Will it therefore be necessary to spend a fortune to settle down in Paris on … Read more

The Impact of the Post-Covid Era and Teleworking on Geographical Mobility: Challenges in the Housing Sector

The Impact of the Post-Covid Era and Teleworking on Geographical Mobility: Challenges in the Housing Sector

DECRYPTION – The post-Covid era and teleworking have greatly facilitated their geographical mobility in 2021 and 2022. But as the housing sector seizes up due to rising interest rates, everything is in question. Summer months are good to change homes, and traditionally half of the annual movements in France take place between June and September. … Read more

The Impact of Minimum Payments on Argentinian Users in the Face of Inflation and High Interest Rates

The Impact of Minimum Payments on Argentinian Users in the Face of Inflation and High Interest Rates

Argentine users appeal to this minimum disbursement when paying their bills, given high inflation and high interest rates Financial transactions are one of the main payment methods in Argentina, with the Credit cards as the means chosen to carry them out. Despite the fact that its use has decreased in the country in recent years, … Read more

Declining Profits of Banks in Czech Republic Raises Concerns for Windfall Tax Revenue

Declining Profits of Banks in Czech Republic Raises Concerns for Windfall Tax Revenue

Finance Minister Zbyněk Stanjura has a problem. According to data from the Czech National Bank, the profit of banks and savings banks in the first quarter of this year fell by approximately CZK 2.4 billion year-on-year to approximately CZK 21 billion. But the profits of the banks were supposed to be another source of money … Read more

Major Automakers Report Higher Quarterly Sales in 2023 Despite Supply Difficulties: General Motors, Toyota, and Stellantis See Surge in Demand

Major Automakers Report Higher Quarterly Sales in 2023 Despite Supply Difficulties: General Motors, Toyota, and Stellantis See Surge in Demand

Major automakers on Wednesday reported higher quarterly U.S. sales, reflecting higher vehicle inventories and support from a strong labor market. General Motors (GM) posted a 19% rise in second-quarter shipments to 691,978 units, thanks to strong gains for its Sierra pickup truck and its upscale Cadillac brand. The American giant also mentioned the progress in … Read more

Controversy Erupts Over Proposal to Reduce Emissions from Pizza Ovens in New York

Controversy Erupts Over Proposal to Reduce Emissions from Pizza Ovens in New York

By J.T. Posted yesterday at 7:42 PM, Updated yesterday at 7:56 PM New York Mayor Eric Adams made a real statement about the Italian star product. SPENCER PLATT/Getty Images via AFP A proposal from the authorities, which aims to reduce the emissions of certain pizza ovens by 75%, is causing a stir among restaurateurs and … Read more