ISTANBUL: The US had 50.8 million outstanding mortgages with unpaid balances totaling $11.7 trillion at the end of the first quarter of this year, the Federal Housing Finance Agency (FHFA) said Tuesday.
While 21.9% of outstanding mortgages had intere…
ISTANBUL: Major stock exchanges in the US were in mixed on Tuesday after Federal Reserve Chair Jerome Powell said the central bank needs more confidence to start loosening its monetary policy.
Powell said the Fed still sees its monetary policy “restr…
ISTANBUL: Tesla said Tuesday it produced more than 410,000 vehicles and delivered nearly 444,000 in the second quarter.
The American electric carmaker produced 386,576 Model 3/Y and 24,255 other model vehicles from April to June, it said in a stateme…