Tag: sales
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Home sales surged in October, just before mortgage rates jumped
A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer. Sales of previously owned homes last month rose 3.4% from September to a seasonally adjusted, annualized rate of 3.96 million units, according to the National Association of Realtors. Sales were 2.9% higher than October of last year, marking…
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Bernie Sanders’ push to limit weapons sales to Israel blocked by the Senate
WASHINGTON — The Senate voted overwhelmingly Wednesday night to reject three efforts led by progressive Sen. Bernie Sanders that would have blocked certain offensive weapons sales to Israel. The resolutions got bipartisan opposition and had not been expected to pass. Sanders, I-Vt., sponsored three separate resolutions that zeroed in on different types of weapons: tank…
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September home sales drop to lowest level since 2010
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to the National Association of Realtors. Sales were 3.5% lower than in September 2023. Sales fell in three out of four U.S. regions, with just the…
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Pepsi sales slide as snack, drink demand sags
PepsiCo on Tuesday lowered its full-year outlook for organic revenue after its second straight quarter of weaker-than-expected sales. The repercussions of the Quaker Foods North America recalls, weakening demand in the U.S. and business disruptions in some international markets weighed on the company’s performance in the quarter, CEO Ramon Laguarta said in a statement. For 2024,…
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The best sales to shop now
Prime Big Deal Days is here, giving Prime members exclusive access to deals across categories like home, kitchen, travel, pet and tech products. If you’re in need of Apple AirPods, Amazon is currently discounting a handful of models. The Apple headphones are currently on sale along with AirPods Max and more. Apple AirPods (3rd Generation)…
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9+ Best October Prime Day Beauty Deals & Sales 2024
Prime Big Deal Days is here, offering discounts on beauty during the 48-hour sale, exclusive to Prime members. You can also find deals on sneakers, tech, pets and more. I frequently cover shopping events like Prime Day, Black Friday and Cyber Monday as a writer for NBC Select, so I know how to find deals…
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Olivia Rodrigo donates all sales from historic Manila show to group that helps women and girls
Olivia Rodrigo, who’s currently on her GUTS World Tour, capped off a memorable stop in the Philippines with another major announcement. The 21-year-old singer, whose father is Filipino, shared on social media after her Saturday show in Manila that the profits from her ticket sales there would be donated to nonprofit Jhpiego. The global organization,…
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Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs
DETROIT — Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker’s EV growth slowed. Ford on Wednesday reported a 0.7% increase in third-quarter U.S. new vehicle sales, including a 12.2% rise in EVs compared with a year earlier. The third-quarter results for Ford contributed to a 45% increase in…
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Stellantis U.S. auto sales extend free fall in third quarter
DETROIT — Stellantis’ U.S. new vehicle sales continued a yearslong free fall during the third quarter, despite CEO Carlos Tavares’ attempts to correct what he has called “arrogant” mistakes. The trans-Atlantic carmaker reported U.S. sales Wednesday of 305,294 from July through September, a 19.8% decline from the third quarter of 2023 and an 11.5% decrease from the…
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Why the Fed’s rate cut won’t immediately help car buyers or sales
DETROIT — The Federal Reserve’s decision to cut interest rates for the first time in more than four years is expected to eventually boost new vehicle sales, but not as quickly or by as much as some may expect. The rate cut earlier this month by half a percentage point, or 50 basis points, will take time to trickle down…