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US Home Sales Fall 1.7% With Prices High and Supply Low

WASHINGTON — U.S. home sales tumbled 1.7% in June, with rising prices and a scarce supply locking out many Americans from ownership. "Sales have struggled to achieve meaningful, consistent growth this year, despite friendly market conditions. Meager invento...
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Powell Says Trump’s Attacks Played No Role in Rate Pause

WASHINGTON — Federal Reserve Chairman Jerome Powell says political attacks by President Donald Trump played no role in the Fed's decision in January to signal that it planned to take a pause in hiking interest rates. He also said in an interview broadcast Sund...