US home prices increase 4% in April

US home prices increase 4% in April

WASHINGTON (AP) — U.S. home prices gains accelerated in April even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values. The S&P CoreLogic Case-Shiller 20-city home price index climbed 4% in April compared with a year...
US consumer confidence rises to 98.1 in June

US consumer confidence rises to 98.1 in June

WASHINGTON (AP) — U.S. consumer confidence rose in June, reflecting the partial re-opening of the country but the concern is that rising coronavirus cases in many states could jeopardize future gains. The Conference Board, a New York-based research organization, said...
Scandinavian Airlines gets $1.5 billion to survive crisis

Scandinavian Airlines gets $1.5 billion to survive crisis

STOCKHOLM (AP) — Scandinavian Airlines said Tuesday it is getting an aid package worth 14.25 billion kronor ($1.5 billion) after an agreement with its main shareholders, securing the carrier’s survival amid the COVID-19 crisis. The governments of Sweden and Denmark,...
Asia Today: India’s virus cases, deaths surge again

Asia Today: India’s virus cases, deaths surge again

NEW DELHI (AP) — India on Tuesday reported more than 18,000 new coronavirus cases and 400 deaths after an Indian company said it would start clinical trials of a potential vaccine. Bharat Biotech said it had received government permission to go ahead with the first...
Stocks close out best quarter since 1998 with more gains

Stocks close out best quarter since 1998 with more gains

Wall Street capped its best quarter since 1998 Tuesday with more gains, a fitting end to a stunning three months for investors as the market screamed back toward its record heights after a torrid plunge. The S&P 500 climbed 1.5%, bringing its gain for the quarter...