New home sales begin to cool in November

Sales of newly built homes occurred at a seasonally-adjusted annual rate of 841,000 in November – 11% below October’s 945,000 revised rate, the Census Bureau reported on Wednesday. Despite a double-digit decline, November’s numbers are still nearly 21% higher than this same period last year. Every region experienced a dip in new-home sales, with the…Continue Reading

Japan November factory output seen rising for sixth month, outlook dims: Reuters poll

No results matched your search Economy19 hours ago (Dec 24, 2020 10:50PM ET) © Reuters. FILE PHOTO: Worker cycles in a factory at the Keihin industrial zone in Kawasaki By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s industrial output likely grew for a sixth straight month in November in a sign of gradual recovery in factory…Continue Reading

November WPI inflation at nine-month high even as food prices moderate

Onion, which bore the brunt of rising inflation rate in recent months, saw deflation or fall in prices in November at 7.58% Topics WPI inflation | food prices | onion prices The wholesale price index-based inflation rate rose to a nine-month high of 1.55 per cent in November even as the rate of food price rise narrowed substantially to…Continue Reading

November 2020 NPD: Call of Duty dominates as next gen begins

The PlayStation 5 and Xbox Series X debuted in November, but gamers turned to recognizable franchises when it came to software. That led to record sales across all categories — but especially for hardware and software, according to industry-tracking firm The NPD Group. Here are the results for the month: November 2020 Dollar Sales, Millions…Continue Reading

November 2020 NPD hardware sales: Switch, PlayStation 5 split sales victory

PlayStation 5 and Xbox Series X launched last month, and they helped set a new November record, according to industry-tracking firm The NPD Group. But the fever for next-gen consoles didn’t cool off demand for the Nintendo Switch. “Consumers spent a November record $1.4 billion on new video game hardware, an increase of 58% when…Continue Reading

US employers add jobs in November as rebound loses steam

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access…Continue Reading

After a November to remember for the markets, could December be even better?

© 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell My Personal Information | Ad Choices  FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries.…Continue Reading

Quiz of The Week: 21

The week kicked off with some much-needed good news as Boris Johnson confirmed plans to ease Covid restrictions across the UK over Christmas. Up to three households will be able to mix indoors over the festive period. But in less happy tidings, the prime minister also announced that strict tier restrictions would kick in after lockdown ends…Continue Reading

What Else for November 27, 2020

Posted by Lainey on “/Date(1606510848293)/” Do they still sell TV dinners like the kind they had when I was growing up? I know people look down on TV dinners like they’re the worst of humanity but I used to LOVE them. One of the reasons is because that’s not the kind of food we ate…Continue Reading

ESPN college pick em picks November 28: No-loss November

Oct 28, 2017; Norman, OK, USA; Oklahoma Sooners mascot Sooner Schooner on the field after a touchdown during the first half against the Texas Tech Red Raiders at Gaylord Family – Oklahoma Memorial Stadium. Mandatory Credit: Kevin Jairaj-USA TODAY Sports Use your ← → (arrows) to browse(Photo by Jamie Schwaberow/Getty Images)It was a pretty good…Continue Reading