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August 18, 2026

US Pending Home Sales Decline 2.3% in July, Missing Expectations

Washington: Pending home sales in the US fell sharply in July, missing market expectations for a slight increase as elevated mortgage rates and record home prices continued to weigh on affordability, data showed Tuesday. According to Anadolu Agency, t…

US Navy Destroyer Suffers Power Outage in South China Sea

South china sea: The USS Benfold, an Arleigh Burke-class guided-missile destroyer, experienced a four-day power loss last month in the South China Sea due to an engineering failure.

According to Anadolu Agency, Cmdr. Matthew Comer, spokesperson for …