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U.S. new home sales rebound in November; October sales revised lower
WASHINGTON, (Reuters) – Sales of new U.S. single-family homes increased in November, suggesting low mortgage rates continued to support the housing market, though sales activity in the prior month was weaker than previously reported. The Commerce Department said on Monday new home sales rebounded 1.3% to a seasonally adjusted annual rate of 719,000 units last […]
Tesla CEO Elon Musk tweets that ‘coronavirus panic is dumb’
(Reuters) – Tesla Inc’s Chief Executive Officer Elon Musk tweeted on Friday that the coronavirus “panic” was “dumb”. The number of people infected with coronavirus surpassed 100,000 across the world on Friday. The outbreak has killed more than 3,400 people and spread across more than 90 nations, with six countries reporting their first cases. Stock […]
Britain takes swipe at ‘indecisive’ EU as trade talk rancor grows
By William James and Stephen Addison LONDON (Reuters) – Britain criticized the European Union on Sunday over the process of agreeing on its negotiating mandate for post-Brexit trade talks, saying the bloc was “hamstrung by indecision and delay” because different members wanted different things. The outcome of the talks between Britain and the EU, its […]