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U.S. home sales surge to near two-year high; supply at record low
By Lucia Mutikani WASHINGTON (Reuters) – U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing after hitting a soft patch in 2018, though record low inventory could be an obstacle to continued strong gains. […]
Biden says no evidence higher corporate taxes will drive companies abroad
WASHINGTON (Reuters) -President Joe Biden on Monday defended his proposal to raise corporate taxes to help pay for his infrastructure spending plans, saying he was not worried the hike would harm the economy and that there was no evidence it would drive business abroad.FILE PHOTO: U.S. President Joe Biden holds smiles as he holds a […]
Women jailed for ‘human trafficking’ over TikTok videos that ‘incite debauchery’
Two women have been jailed for a combined 16 years for “human trafficking” by encouraging women to use TikTok to earn money. Haneen Hossam and Mawada al-Adham were jailed for 10 years and six years respectively in Egypt and have been hit with a £9,191 fine. They were charged with human trafficking because their social […]