Category: Others

July 23, 2024

Sales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Sales were also 5.4% lower than June of last year. This […]

July 18, 2024

Average house prices rose by their highest level so far this year during May in a sign of buyer confidence, at least ahead of the general election, Office for National Statistics (ONS) data shows. The latest ONS house price index […]

July 18, 2024

Nokia cut its full-year sales expectations as the market remains uncertain, with telecom operators continuing to hold back on investing in new network equipment. The Finnish telecommunications company doesn’t provide specific group sales guidance but instead offers sales growth assumptions across […]

July 1, 2024

The latest data from Nationwide revealed house prices are up 0.2% in June on a monthly basis, when adjusted for seasonal effects. Meanwhile, prices are up 1.5% year-on-year. The average house in the UK now costs £266,064. Prices are now […]

June 19, 2024

Growth in UK house prices remained steady in April despite rising mortgage rates, the latest Office for National Statistics (ONS) and Land Registry House Price Index (HPI) has found. Provisional estimates show that average house prices grew 0.3% month-on-month (non-seasonally adjusted) to £281,000. This […]

June 13, 2024

The UK housing market saw a dip in confidence in May, according to the latest survey from the Royal Institute of Chartered Surveyors (RICS). House prices and buyer confidence are partly driven by mortgage rates, which are linked to the […]

May 28, 2024

Overall annual shop price inflation eased to 0.6% in May, down from 0.8% in April, the British Retail Consortium (BRC) and NielsenIQ said. Non-food products remained in deflation – at -0.8% in May – a fall from -0.6% in the […]

May 21, 2024

Kantar Worldpanel – which tracks supermarket till prices, sales and market share – said its measure of grocery inflation slowed to 2.4% in the four weeks to 12 May from 3.2% the previous month. The measure showed there is still […]

April 29, 2024

House price inflation remained down against the year in March despite improving consumer sentiment, the latest Zoopla House Prices Index (HPI) has found. Average property prices were 0.2% lower year-on-year, the property listing website reported – a similar fall to […]

April 23, 2024

Kantar Worldpanel, which compiles price and sales data from the major chains, noted a 14th consecutive slowing in the annual pace of price rises at the tills in its latest report on the sector. It found that savvy shoppers took […]

March 20, 2024

The data from the Office for National Statistics (ONS) showed no let up in the surging costs faced by renters since 2022. It reported a leap of 9% over the 12 months to February in a provisional estimate, up from […]

March 5, 2024

Chinese Premier Li Qiang made the announcement at the opening of the country’s annual meeting of the National People’s Congress on Tuesday, in a speech that prioritised both security and the economy. Mr Li said the government would issue 1 […]

January 25, 2024

Boeing’s troubles with its 737 MAX jets are upending the aerospace industry’s 2024 plans, changing airlines’ fleet and expansion goals as U.S. regulators froze production of the best-selling jets. The FAA ramped up scrutiny of Boeing (NYSE:BA) after a frightening […]

December 28, 2023

Average house prices have been falling for much of the year but some areas are bucking the trend. High mortgage rates have pushed property demand down this year and house prices indices from Halifax, Nationwide and the Office for National […]

December 19, 2023

Large language models, similar to the one at the heart of ChatGPT, frequently fail to answer questions derived from Securities and Exchange Commission filings, researchers from a startup called Patronus AI found. Even the best-performing artificial intelligence model configuration they […]

September 6, 2023

Laura Cosgriff gets daily phone calls from local contractors looking for students to employ — and the frequency of those calls has increased in recent years. The construction technology coordinator for Lorain County Community College in Elyria, Ohio, said the […]

August 30, 2023

The net decrease – from 54,600 in June to 49,400 in July – is a five-month low and worse than expected. A poll of economists predicted the figure would be around 51,000. Leading property website Zoopla said on Wednesday morning […]

August 17, 2023

United Real Estate Group (United) has been named for the seventh time to the internationally respected Inc. 5000 list, ranking No. 711 among 5,000 of America’s fastest-growing private companies. Although our market has significantly contracted, we continue to grow by […]

August 7, 2023

For all those who are not Tesla Inc (NASDAQ:TSLA) or one of the biggest Chinese EV makers, the EV venture is wildly risky ride that makes profitability seem like mission impossible sometimes. Although Kelley Blue Book reported that EV sales […]

July 25, 2023

The US S&P 500 index has gained 18% this year. Many money managers have been caught out. Their defensive focus on rising inflation and interest rates left them blindsided by big gains in Artificial Intelligence (AI) stocks. There’s no question […]