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Australian home prices rise in March, but market seen cooling
SYDNEY (Reuters) – Australian home prices extended gains in March, although conditions are expected to cool as the coronavirus pandemic causes widespread economic disruption and hits household confidence. Figures from consultancy CoreLogic on Wednesday showed home prices across Australia’s capital cities climbed 0.7% in March, the lowest monthly rise since the property market turned around […]
U.S. lawmakers nearing deal for massive aviation sector bailout: sources
By David Shepardson and Tracy Rucinski WASHINGTON/CHICAGO (Reuters) – U.S. lawmakers are nearing agreement on a $61 billion rescue package for the aviation sector that would include $25 billion in payroll grants for passenger airlines weathering a sharp falloff in travel demand amid rising coronavirus outbreaks, three people briefed on the matter said. The deal, […]
With reopenings in U.S. South, some merchants lay out welcome mat, others fearful
By Ann Saphir and Lindsay Dunsmuir (Reuters) – Angie Bullman plans to reopen her suburban Atlanta hair salon on Friday after closing a month ago to comply with state orders. She and her co-owner husband, also a stylist, are already fully booked for the weekend. Salon de la Vie’s five other stylists, massage therapist and […]