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His remarks on Thursday about Volkswagen’s Iran plans triggered more criticism. Bijan Djir-Sarai, foreign policy spokesman for the business-friendly Free Democrats (FDP) in parliament, said it was ridiculous to think that German companies would make decisions based on pressure from the U.S. ambassador. “The policies coming out of Washington are having an impact. But this has nothing to do with the ambassador,” he said, urging Grenell to be more careful in his choice of words. “The German and European economies are strong. We don’t need to take orders as if we were an occupied zone.”.
WASHINGTON (Reuters) - U.S, home sales flatlined in August but inventory increased for the first time in three years as the housing market continued to struggle despite strength across the broader economy, The National Association of Realtors said on Thursday that existing home sales were unchanged at a seasonally adjusted annual rate of 5.34 million units last month, It follows four straight months of monthly declines, A dearth of properties for sale matte gold wonder woman logo cufflinks has pushed up prices, sidelining many would-be homeowners..
“As long as we have increased inventory, I think the housing market can turn for the better in terms of sales,” NAR Chief Economist Lawrence Yun said. Supply has also been constrained by rising building material costs as well as land and labor shortages while rising mortgage rates are expected to slow demand. The Federal Reserve is expected to raise borrowing costs by a quarter percentage point next Wednesday following its latest interest-rate policy meeting. It would be the third such increase this year.
Economists polled by Reuters had forecast existing home sales increasing 0.3 percent, Existing home sales make up about 90 percent of U.S, home sales, Existing home sales fell 1.5 percent from a year ago, Across the nation’s four regions, sales jumped 7.6 percent in the Northeast and there was a rise of 2.4 percent in the Midwest, Sales fell matte gold wonder woman logo cufflinks 5.9 percent in the West and 0.4 percent in the South, There were 1.92 million homes on the market in August, an increase of 2.7 percent from one year ago, It was the first inventory increase in three years on a year-on-year basis..
On Wednesday, data showed housing starts rose 9.2 percent in August as groundbreaking on multifamily units soared, but permits were off 5.7 percent, the biggest decline since February 2017. At August’s sales pace, it would take 4.3 months to clear the current inventory, up from 4.1 months a year ago. A supply of six to seven months is viewed as a healthy balance between supply and demand. The median house price increased 4.6 percent from one year ago to $264,800 in August. It was the fourth consecutive month that prices had risen less than 5 percent on a yearly basis, NAR noted.
(Reuters) - Tesla Inc’s (TSLA.O) Model 3 sedan has been awarded a five-star rating by the matte gold wonder woman logo cufflinks U.S, auto safety agency NHTSA in tests that are standard for cars in the United States, The agency has been investigating crashes involving other Tesla models, which have raised questions over the functioning of the automaker’s auto-pilot system, The company’s shares were up 1.7 percent at $304.27 in early trading on Thursday, The agency started the 5-Star safety ratings program in 1993 and Tesla’s Model X and Model S, which has been the subject of at least one NHTSA investigation, have both received the top rating in the past..
(This September 19 story corrects paragraph five and six to clarify that only one FANG stock will remain in its current sector). By Alden Bentley. NEW YORK (Reuters) - The most significant changes to Wall Street’s broad industry sectors since 1999 will take effect Monday, reclassifying many of the hot growth companies that have been nearly synonymous with the “tech” rally that has fueled the stock bull market. While any immediate market impact will be hard to gauge, investors are preparing for volatility in stocks being moved from one industry to another when some investors readjust portfolios.
It may affect how mutual fund managers chose stocks and force passively-managed sector exchange traded funds (ETFs) to reallocate billions of dollars, S&P Dow Jones Indices is reorganizing the Global Industry Classification Standard (GICS), It means only one of the matte gold wonder woman logo cufflinks so-called FANG stocks - Facebook Inc (FB.O), Amazon.com Inc (AMZN.O), Netflix Inc (NFLX.O) and Google parent Alphabet Inc (GOOGL.O) - will remain in their current S&P sector, Facebook and Alphabet will leave tech to join an expanded S&P telecom group, renamed communications services, along with Twitter Inc (TWTR.N), They will accompany AT&T Inc (T.N), Verizon Communications Inc (VZ.N) and CenturyLink Inc (CTL.N), which made up the old telecommunications services sector .SPLRCL..