New U.S. single-family home sales unexpectedly rose in September, pointing to sustained demand for housing even as data for August was revised sharply down. The Commerce Department said on Wednesday new home sales increased 3.1 percent to a seasonally adjusted annual rate of 593,000 units last month, pulling them close to a nine-year high touched in July. August’s sales pace was revised down to 575,000 units from the previously reported 609,000 units. Economists polled by Reuters had forecast single-family home sales,which account for about 9.8 percent of overall home sales, falling to a rate of 600,000 units last month. New…
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The international trade gap shrank in September, while wholesale inventories rose. The international trade deficit totaled $56.1 billion in September, down $3.1 billion from $59.1 billion a month earlier, the Commerce Department reported. Exports for September were $125.6 billion, $1.1 billion more than August exports. Imports fell to $181.7 billion, $2 billion less than August imports. Wholesale inventories for the month reached $590.7 billion, up 0.2 percent from August. source”cnbc”
As the U.K. responds to voters’ rejection of the European Union, the U.S. presidential election comes to a head and other disputes play out across the globe, uncertainty is at a record high in 2016, according to a new index that tracks newspaper articles in over a dozen countries. The index is a measure of economic sentiment that rises and falls with major events like the 9/11 attacks and the 2009 global financial crisis. Click on countries below to see individual indexes. -50050100150200Global uncertainty is at record highs. Clickcountries to explore.+- Global Uncertainty19971998199920002001200220032004200520062007200820092010201120122013201420152016050100150200250300Mark Fahey/CNBC Note:Global index is a GDP-weighted combination…
New orders for U.S. manufactured capital goods unexpectedly fell in September amid weak demand for computers and electronic products, which could temper expectations for an acceleration in business spending in the fourth quarter. The Commerce Department said on Thursday that non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, fell 1.2 percent after three straight months of strong gains. The so-called core capital goods orders increased by an upwardly revised 1.2 percent in August. Economists polled by Reuters had forecast core capital goods orders rising 0.3 percent last month after a previously reported 0.9 percent…
Next year, the civil services preliminary examination will be held in June instead of August. After a gap of three years, the commission will be conducting the examination in the month of June. As per the commission’s calender for examination, the civil services preliminary examination is scheduled to be held on June 18. UPSC Civil Services Prelims to be held on June 18: More on the reports According to a senior UPSC official, the preliminary examinations for 2014, 2015, 2016 were held in the month of August “The preliminary exam will be held early in June this year. The decision…
Identifying the challenges faced by the teachers, Delhi Education Minister Manish Sisodia said that freedom of school principals and teachers are circumscribed within the curriculum and syllabus prescribed by the bureaucrats and ministers. He vouches for the freedom and autonomy of teachers so that they can utilised their best methods of teaching and meet the learning standards. ADVERTISING inRead invented by Teads “Teachers want to know if they are teachers or just instruments to transfer to the children what is prescribed in books by officers, ministers and experts. Principals ask if they are only agents to implement policies that are…
Everybody expected mixed-reality technology to play a part in Microsoft’s big Windows 10 event on Wednesday—but nobody expected what we got. Rather than showing yet another HoloLens demonstration, Microsoft instead announced a small army of virtual reality headsets unlike anything available today, and they’re all powered by the forthcoming Windows 10 Creators Update. The demo raised more questions than it supplied answers, but there was still plenty of info to glean if you were paying attention. Here’s everything we know about Microsoft’s Windows 10 VR headsets—and one massive question spurred by their mere existence. Further reading: Everything Microsoft revealed: Surface Studio,…
AMD is using one of the best games of 2016 to clear stock of AM3+ motherboards and systems. The company announced Friday that you can get a free copy of Doom when you buy select AM3+ motherboards or prebuilt systems with AM3+ motherboards inside. The offer will be available until January 27 or when all those glorious free Doom codes run out; all free game vouchers must be redeemed by March 27. The deal will be available at a number of North American electronics retailers (both online and off) including Amazon, ASI, Cyberpower, Cybertron PC, Fry’s, Ingram, Ma Labs, Microcenter,…
As scheduled, the newly-unveiled Oppo R9s is now available for purchase. The device has gone on sale in China, where it can be purchased through both online and offline channels. It carries an RMB 2,799 (around $415) price tag. There have been reports that the Chinese company is expecting a high demand for the handset, and has already stocked around a million units of the phone to make sure there aren’t any shortages. To quickly refresh, the R9s is powered by Snapdragon 625 chipset and sports a 5.5-inch 1080p touchscreen. RAM is 4GB, while internal memory is 64GB, although expandable.…
Keeping up with Samsung’s ever-growing device lineup is getting extra difficult with each passing month. 2016 in particular, saw an explosion of brand new device families and offers, only a few of which arguably have what it takes to stand out. The fresh new “C” lineup definitely falls under this category. We already reviewed the Galaxy C5 and C7, both of which intriguing, mid-range, yet stylish metal-clad smartphones on a budget. By all accounts, Samsung is now looking to improve on the pair of devices with new “Pro” versions. They were first spotted a month or so ago and now…