Slowing Global Demand Widens Trade Deficit
The Commerce Department said on Tuesday the trade gap increased 4.9 percent to $42.2 billion. In a sign of weak domestic demand, imports hit the lowest level in one and a half years. “The report tells...
View ArticleContracts to Buy Homes Fall Slightly
WASHINGTON — Fewer people signed contracts to buy American homes in July, but the level stayed close to a six-and-a-half-year high. The modest decline suggests that higher mortgage rates have yet to...
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